Description
DEVELOPMENT OPPORTUNITY AWAITS! This property resides within the Transit Oriented Development Zoning, permitting a minimum of 3 FSR with the potential for up to 8 storeys. Such provisions render this property alluring to both investors and developers, with the added option to construct an 8-unit multiplex. The current dwelling offers rental income potential during the commencement of the development application procedure. Furthermore, the feasibility of acquiring adjacent properties for assembly enhances the scope of possibilities. The neighbourhood, renowned for its vibrancy and family-friendly atmosphere, boasts a diverse population and thriving community. Do not let this opportunity slip by - Secure Your Exclusive Tour Today!
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7BEDS
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0.1ACRES
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2BATHS
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01/2 BATHS
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2,212SQFT
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$940$/SQFT
Description
DEVELOPMENT OPPORTUNITY AWAITS! This property resides within the Transit Oriented Development Zoning, permitting a minimum of 3 FSR with the potential for up to 8 storeys. Such provisions render this property alluring to both investors and developers, with the added option to construct an 8-unit multiplex. The current dwelling offers rental income potential during the commencement of the development application procedure. Furthermore, the feasibility of acquiring adjacent properties for assembly enhances the scope of possibilities. The neighbourhood, renowned for its vibrancy and family-friendly atmosphere, boasts a diverse population and thriving community. Do not let this opportunity slip by - Secure Your Exclusive Tour Today!
Listing provided courtesy of Century 21 Supreme Realty Inc.. © 2024 by the Greater Vancouver REALTORS®. NOTE: 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.