Quick Summary
Quick Summary
- Expansive 25,000 sq ft lot with development potential
- Recently rezoned to RS-2 for up to five 4,000 sq ft lots
- Existing three grandfathered dwellings with rental income
- One home currently tenanted on month-to-month lease
- Highly sought-after location near university, hospital, schools
- Rare opportunity for developers or investors
Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered... Show More
Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered dwellings, which can generate a rental income of $4,000 to $4,500 per month. One home is currently tenanted on a month-to-month, providing instant revenue. Nestled in a highly sought-after area near the University of the Fraser Valley, hospital, schools, and recreational facilities, this is a rare opportunity. Act fast to secure this incredible property! (id:54626)
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