DESCRIPTION
Attention Investors, Developers, and Builders! Seize this fantastic opportunity with tremendous development potential. This property is strategically located amidst ongoing low to mid-rise residential development applications under the Guildford plan. The Official Community Plan (OCP) zones this area for multiple residential land use, with stage 2 approval for townhouses up to 1.3 FAR. There is potential for land assembly with adjoining properties. Lot within eligible Frequent Bus Stop Areas. Please do your due diligence. The current duplex on this 9,250 sqft lot includes two units, offering excellent rental income potential. Live in one unit and rent the other, or rent both for maximum income. Act fast and bring your offer!
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FEATURES
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AT A GLANCE
| MLS® # |
R2884211 |
| Subarea |
Whalley |
| Beds |
6 |
| Baths |
2 |
| Size |
1,728 sqft |
| Lot Size |
9,254 SqFt. |
| Lot Dimensions |
71.00 × 130.3 |
| Built |
1962 |
| Taxes |
$5,542.56 in 2023 |
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LISTING BROKERAGE
RE/MAX City Realty
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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.