$1,450,000
About this House
BUILDERS, DEVELOPERS & INVESTORS ALERT! Rare opportunity in Prime West Central Maple Ridge! High-potential development site with 116' x 119' (13,804 sq ft) lot and desirable South exposure. Proposed rezoning from RS-1 to RS-1b allows subdivision into 2 lots (after approx. 9.84 ft road dedication). Each new lot approx. 6,339 sq ft, qualifying for Small-Scale Multi-Unit Housing (SSMUH). City support indicates potential for up to 4 dwelling units per lot – build 2 fourplexes for a total of 8 modern three-storey homes in a high-demand area. Existing side-by-side duplex (2 Bed + 1 Bath each) is fully tenanted, providing immediate rental income while planning development. Located on prestigious Shady Lane surrounded by mature evergreen trees.Excellent investment and development opportunity!
Listed by Team 3000 Realty Ltd..
Browse PhotosFeatures
- MLS®: R3102112
- Type: House
- Bedrooms: 4
- Bathrooms: 2
- Square Feet: 1,743 sqft
- Lot Size: 13,812 sqft
- Frontage: 116.34 ft
- Full Baths: 2
- Half Baths: 0
- Taxes: $5980.54
- Basement: None
- Storeys: 1 storeys
- Year Built: 1950
- Style: Rancher/Bungalow
Contact Brian to inquire about this House!
778.829.1105
Photos
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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.