$1,599,000
Transit-Oriented Investment – High-Rise Zoning & Turnkey Income. Unbeatable urban convenience. Great holding property in the Rupert-Renfrew Rapid Transit Area B (22-40 storeys). This property meets all the criteria for a future land assembly. This spacious detached home is a cash-flow machine; currently configured with two separate kitchens and two full bathrooms, well suited for its current 5-tenant occupancy. Large, flat lot with a private backyard—ideal for tenant enjoyment or build a laneway for greater cash-flow. Well-maintained with a configuration that maximizes rental yield while you wait for development. Tenants love the 5-minute walk to the SkyTrain, local grocery stores, and cafes. High-demand rental area with zero vacancy history. Call to book your private viewing.
Listed by Sutton Group-West Coast Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Julia Freeman 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.
| MLS®: | R3109209 |
| Type: | House |
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Square Feet: | 1,790 sqft |
| Lot Size: | 3,960 sqft |
| Frontage: | 33.00 ft |
| Full Baths: | 2 |
| Half Baths: | 0 |
| Taxes: | $7379.42 |
| Parking: | Additional Parking, Garage Single, Open, Front A |
| Basement: | Full, Finished, Exterior Entry |
| Storeys: | 2 storeys |
| Year Built: | 1947 |