DESCRIPTION
Exceptional Investment Opportunity: Prime Property with Incredible Development Potential. This outstanding property is situated in a rapidly evolving neighbourhood, recently rezoned for multifamily development to stimulate growth. Just across the street, developers have already demolished numerous homes to make way for contemporary townhouses. Additionally, several adjacent properties are undergoing transformations into multifamily structures, gradually shaping the entire area into a modern, multistory townhouse area. This property is an ideal investment, perfectly positioned to benefit from the ongoing neighbourhood revitalization. Currently, the basement and top floor are leased to exceptional, long-term tenants who are interested in maintaining their residency.
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AMENITIES
- check_boxGarden
- check_boxGuest Suite
- check_boxIn Suite Laundry
- check_boxStorage
FEATURES
- check_boxClothes Washer
- check_boxDryer
- check_boxDishwasher
- check_boxPantry
- check_boxRefrigerator
- check_boxSmoke Alarm
- check_boxStorage Shed
- check_boxStove
- check_boxWet Bar
AT A GLANCE
| MLS® # |
R2747822 |
| Subarea |
Lower Lonsdale |
| Home Style |
2 Storey |
| Beds |
6 |
| Baths |
2 + 2 ½ Baths |
| Size |
2,890 sqft |
| Lot Size |
6,000 SqFt. |
| Lot Dimensions |
50.00 × 120 |
| Built |
1962 |
| Taxes |
$7,382.68 in 2022 |
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LISTING BROKERAGE
RA Realty Alliance Inc.
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DISCLAIMER
Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.