$1,790,000
Prime investment and development opportunity in the sought after Sapperton neighborhood, just steps from SkyTrain & major transit. Rare over 7,500 sqft level lot w/ lane access & sweeping views of the Fraser River & Mt Baker. Currently tenanted, offering immediate rental income & an ideal holding property. Buyers have the potential to rezone or subdivide, subject to city approval & due diligence. Under existing RS1 zoning, options include a new 3 storey home w/ legal suites & a laneway house, or a duplex w/ legal suites for strong income potential. The existing home features four bedrooms upstairs, original hardwood on the main, and a newer hot water tank. Walkable to Royal Columbian Hospital, shopping, schools, and amenities. A rare large lot with income today and long term upside.
Listed by Behroyan & Associates Real Estate Services.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Paul Cameron for your convenience.
Disclaimer: 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.
| MLS®: | R3073862 |
| Type: | House |
| Bedrooms: | 4 |
| Bathrooms: | 1 |
| Square Feet: | 1,470 sqft |
| Lot Size: | 7,550 sqft |
| Frontage: | 57.00 ft |
| Full Baths: | 1 |
| Half Baths: | 0 |
| Taxes: | $6757.65 |
| Basement: | None |
| Storeys: | 2 storeys |
| Year Built: | 1901 |