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.
General Info
MLS® #
R2892961
Taxes
$4,366 / 2023
Maintenance Fees
-
Property Type
House/Single Family
Dwelling Type
3 Level Split,Basement Entry
Home Style
3 Level Split,Basement Entry
Year Built
1957
Fin. Floor Areas
1410
Bedrooms
6
Bathrooms
2
Listed by RE/MAX Performance Realty
Features
Clthwsh/dryr/frdg/stve/dw
Drapes/window Coverings
Fireplace Insert
Storage Shed
MLS® Disclaimer for BC: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Maps (Google, Google Street View, Bing Areal View, Area Condos, Walk Score)
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