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A rare and exciting opportunity awaits you in Bolivar Heights! This expansive 14,600 SF sub-dividable lot, complete with a PLA approval, offers incredible potential for development. The existing home can remain on an 8,300 SF lot, while a new 6,200 SF lot will be created from the side, preserving the current property. Both lots have potential for 3-storey homes approximately 6,600 SF and 5,300 SF respectively. The potential for a THREE LOT Subdivision is being explored with the city as well. The existing residence has been recently renovated and features 3 bedrooms and 2 bathrooms on the main floor, plus a 2-bedroom, 1.5-bath rental suite generating a steady income of $4,485 per month. Seize this unique chance to maximize value in a prime location! Contact us for a developer package including feasibility study. Please ensure to conduct your due diligence with the City of Surrey. Book your private showing today! (id:54355)
| MLS® Number | R2922717 |
| Property Type | Single Family |
| Parking Space Total | 6 |
| Road Type | Paved Road |
| Bathroom Total | 4 |
| Bedrooms Total | 5 |
| Age | 59 Years |
| Appliances | Washer, Dryer, Refrigerator, Stove |
| Architectural Style | Ranch |
| Basement Development | Finished |
| Basement Type | Unknown (finished) |
| Construction Style Attachment | Detached |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2446 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Garage |
| Acreage | No |
| Size Irregular | 14620 |
| Size Total | 14620 Sqft |
| Size Total Text | 14620 Sqft |
| Electricity | Available |
| Water | Available |
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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