Fang Prec*
Burnaby, BC
Canada V5H 4C2
Details
| Address | 9775 132 St |
| Area | North Surrey |
| Sub Area | 25 Cedar Hills |
| State/Province | British Columbia |
| Country | Canada |
| Price | $1,520,000 |
| Property Type | Single Family |
| Bedrooms | 6 |
| Bathrooms | 2 |
| Floor Space | 1410 Square Feet |
| Lot Size | 0.18 Acres |
| Year Built | 1957 |
| Parking | 5 Spaces, Garage; Double, RV Parking Avail. |
| Taxes | $4,366 |
| Tax Year | 2023 |
| MLS® # | R2892961 |
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.
Listed by RE/MAX PERFORMANCE REALTY
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