Attention developers and builders! Here's your chance to capitalize on an exceptional opportunity with this 7200 square foot lot boasting MUS zoning. Nestled in a sought-after neighborhood, this property presents a lucrative investment prospect with immense potential for redevelopment. Zoning allows for the construction of 4 units, providing a solid foundation for development opportunities. Stay ahead of the curve with the possibility of more units when the new BC Govt regulations come into full effect, maximizing the return on your investment. This properties prime location offers easy access and walking distance to amenities, transportation & schools, making it an attractive choice for prospective homeowners or tenants. The existing 1955 home, in need of updating, offers a solid base with 5 bedrooms and 2 bathrooms. While the value lies primarily in the land for redevelopment, the current home presents a potential revenue stream during the planning and permitting stages. Enhancing the property is a detached garage with a workshop area or as a garden shed. Enjoy the charm of raised gardens in the backyard, providing a tranquil retreat or potential green space for future residents. Unlock the full potential of this property and capitalize on the burgeoning demand for housing in this desirable area. Whether you're looking to build multi-family units, explore alternative development options or update the existing home, this is a rare opportunity not to be missed, as is where is (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
2
Amenities Nearby
Public Transit, Park, Schools, Shopping
Community Features
Family Oriented, Pets Allowed
Features
Cul-de-sac, Level lot
Listing Contract Date
2024-03-28
Municipal ID
010-014-799
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Single Family
Road
Cul de sac
Transaction Type
For sale
Zoning
Residential
Building
Basement Type
Full
Constructed Date
1955
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Stucco, Wood
Fireplace Present
Yes
Fireplace Type
Free Standing Metal
Flooring Type
Mixed Flooring
Heating Type
Forced air, See remarks
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Basement
13'9'' x 12'9''
3pc Bathroom
Basement
7'2'' x 12'9''
Recreation room
Basement
21'4'' x 12'7''
Storage
Basement
10'6'' x 12'9''
Laundry room
Basement
13'11'' x 12'2''
Bedroom
Basement
11'11'' x 12'2''
Mud room
Main level
6'8'' x 7'8''
4pc Bathroom
Main level
9'7'' x 7'2''
Bedroom
Main level
8'3'' x 10'10''
Bedroom
Main level
9'5'' x 8'7''
Primary Bedroom
Main level
11'3'' x 12'2''
Dining room
Main level
12'1'' x 12'11''
Kitchen
Main level
14'9'' x 12'11''
Living room
Main level
17'7'' x 13'7''
Parking Spaces
Name
Spaces
Detached Garage
1
Land
Total Size
0.17 acres
Access Type
Easy access
Amenities
Public Transit, Park, Schools, Shopping
Fence Type
Fence
Landscape Features
Landscaped, Level
Sewer
Municipal sewage system
Size of Irregular Land
0.17
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