This property presents a remarkable opportunity for investors, particularly given the forthcoming Bill 44, which is set to increase the density on lots near public transit. Under this new legislation, properties near the public transit and back lane access can be developed into a potential sixplex. Buyer/Buyer's Agent to check with city. With a spacious 8,000 square-foot lot, 6 bedrooms, 2 bathrooms, including a rental suite downstairs. The potential rental income from this setup is substantial, with the capacity to cover a significant portion, if not the entirety, of the mortgage. Making it an attractive investment opportunity. Property is currently undergoing improvements.
Listing Information
- Prop. Type:
- House/Single Family
- Property Style:
- 3 Level Split, Basement Entry
- Status:
- Active
- City:
- Surrey
- Bedrooms:
- 6
- Full Bathrooms:
- 2
- Neighborhood:
- Cedar Hills
- Area:
- North Surrey
- Province:
- BC
- MLS® Number:
- R2892961
- Added On:
- Jun 17, 2024
- Listing Price:
- $1,520,000
- Taxes:
- $4,366
General Information
- Year Built:
- 1957
- Flr Area Fin - Total:
- 1410 ft2
- Floor Area Finish - Main Floor:
- 480 ft2
- Tax Year:
- 2023
- Lot Size (sqft):
- 7950.00 ft2
- Lot Size (Acres):
- 0.18
- Frontage:
- 63.45 ft2
- Total Square Feet:
- 1410ft2
Additional Information
- Basement Area:
- Separate Entry
Other Information
- Site Influences:
- ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Fireplace Insert, Storage Shed
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