property-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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detailsSection.headers.propertyDetails
Property Tax
: $7,383 (2022)Last Updated
: Fri, March 29, 2024Mls Num
: R2747822
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Property Type
: detailsSection.listingTypeId.100Sq Ft Raw
: detailsSection.sqftSub Division
: Lower Lonsdale
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Heating
: Baseboard, Electric
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Acreage
: 0
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Parking Features
: OpenFireplace Features
: 2
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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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Copyright© 2024 Greater Vancouver REALTORS®. All Rights Reserved.