This property presents a remarkable opportunity for investors, particularly given the forthcoming Bill 44, which is set to increase the density on lots near public transit. Under this new legislation, properties near the public transit and back lane access can be developed into a potential sixplex. Buyer/Buyer's Agent to check with city. With a spacious 8,000 square-foot lot, 6 bedrooms, 2 bathrooms, including a rental suite downstairs. The potential rental income from this setup is substantial, with the capacity to cover a significant portion, if not the entirety, of the mortgage. Making it an attractive investment opportunity. Property is currently undergoing improvements.
Address | 9775 132 STREET |
List Price | $1,520,000 |
Property Type | Residential Detached |
Type of Dwelling | House/Single Family |
Area | North Surrey |
Sub-Area | Cedar Hills |
Bedrooms | 6 |
Bathrooms | 2 |
Floor Area | 1,410 Sq. Ft. |
Lot Size | 7950 Sq. Ft. |
Year Built | 1957 |
MLS® Number | R2892961 |
Listing Brokerage | RE/MAX Performance Realty |
Basement Area | Separate Entry |
Postal Code | V3T 3S5 |
Zoning | RF |
Tax Amount | $4,366 |
Tax Year | 2023 |
Site Influences | Central Location, Lane Access, Private Setting, Private Yard, Recreation Nearby, Shopping Nearby |
Features | ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Fireplace Insert, Storage Shed |
Fuel/Heating | Forced Air, Natural Gas |
Parking | Garage; Double, RV Parking Avail. |
Parking Places (Total) | 5 |
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