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Surrey,BC V3V 2W7
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,520 sqft
Price per Sqft $398
MLS Listing ID R3068901
Style Basement Entry
Bedrooms 8
Full Baths 4
HOA Y/N No
Lot Size 0.420 Acres
Property Sub-Type Single Family Residence
Property Description
Exceptional investment opportunity!! This approved 2-lot subdivision total land size over 18000sqft & offers approx. 9,000 sqft. per lot, giving developers and investors huge upside. Currently generating strong income from two 2-bedroom basement suites & the main house which provides flexibility. Tear down and build two high-density projects, or renovate and hold while collecting rental income. Located in a high-transit zoning area with future growth potential, this site is ideal for constructing new duplexes with legal suites and garden suites on each lot. Perfect for land bankers waiting for the next market boom. One of the best-value opportunities in the area—run your numbers, the potential is massive! Lot within eligible Frequent Bus Stop Area. House need some repair.
Location
Province BC
Community Cedar Hills
Area North Surrey
Zoning R3
Rooms
Other Rooms Living Room, Dining Room, Kitchen, Bedroom, Bedroom, Primary Bedroom, Bedroom, Living Room, Kitchen, Bedroom, Bedroom, Living Room, Bedroom, Bedroom, Kitchen
Kitchen 3
Interior
Heating Natural Gas
Flooring Laminate,Carpet
Fireplaces Number 1
Fireplaces Type Gas
Appliance Washer,Dryer
Exterior
Exterior Feature Balcony
Fence Fenced
Utilities Available Community
View Y/N Yes
View CITY/ MOUNTAIN VIEW
Roof Type Asphalt
Porch Patio,Deck
Total Parking Spaces 8
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Locker No
Others
Ownership Freehold NonStrata