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Surrey,BC V3X2N4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,190 sqft
Price per Sqft $783
MLS Listing ID R3004326
Style 2 Level
Bedrooms 5
Lot Size 9,477 Sqft
Acres 9477.0
Property Sub-Type Freehold
Source Fraser Valley Real Estate Board
Property Description
DEVELOPMENT POTENTIAL South Newton Development Opportunity - Plans Ready for 36-Unit Building Across 2 Lots (One Lot for Sale) This is a rare chance for a small-scale or first-time developer to step into a ready-to-build project with low overhead and high potential. One owner selling a 9,463 sqft lot, but this property comes with plans in place for a 36-unit, 4-storey building that spans this lot and the adjacent one (assembly discussions in progress or opportunity to acquire next door). Located in the South Newton Neighbourhood Concept Plan, the site is already surrounded by established townhouse and multifamily developments - the path is paved. Key Details: Townhouse designation (up to 25 U.P.A.) Plans for 36-unit building covering this lot + adjacent property. Existing home generates approx. $6,200/month in rental income. Renovated and finished basement with separate entry.Private fenced yard with 3 decks (1 fully covered) Buy now, build later, or negotiate to complete the assembly. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Fireplaces Number 2
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Sewer Sanitary sewer
Architectural Style 2 Level
Others
Ownership Freehold