$1,599,000
About this House
Also C8079640. Revenue Property with Future Redevelopment Potential. Priced below BC Assessment of $1,683,000. Features 3 suites with 3 kitchens, 9 bedrooms, and 6 bathrooms, generating over $100,000/year in gross revenue (4.5% cap rate). Renovated in 2011 with updates including roof, plumbing, wiring, 200-amp electrical service, drainage, and more. Situated on a deep lot 33' x 128.5' (4,240 sq.ft.), C-1 zoned lot allowing mixed-use development up to 1.2 FSR. Located within the Transit-Oriented Area (TOA) near 29th Avenue SkyTrain Station, offering future assembly and redevelopment potential. Property contains unauthorized accommodation. All meas are approx and should be verified by buyers if deemed important. Please allow time for showings.
Listed by Oakwyn Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors 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.
Features
- MLS®: R3136202
- Type: House
- Bedrooms: 9
- Bathrooms: 6
- Square Feet: 2,328 sqft
- Lot Size: 4,241 sqft
- Frontage: 33.00 ft
- Full Baths: 6
- Half Baths: 0
- Taxes: $8274.62
- Parking: Carport Multiple, Lane Access (4)
- View: Mountain
- Basement: Finished, Exterior Entry
- Storeys: 2 storeys
- Year Built: 1908
