I have listed a new property at 11242 132 ST in Surrey.
Excellent investment opportunity. Large lot, 11,254 sq, build now, 5600sf house or hold out for big $$$ from a Townhouse developer. Huge 1/4 acre lot with functioning 3 bedroom house and huge shop (fits 6 cars!) Currently rented to a great long term tenant. Entire block will be rezoned to RM-30 allowing for a townhouse development. Phasse 1 (75 unit) Townhouse complex is already in the works, this lot will be a KEY part to the furture phase 2 (additional 74 unit) Townhouse complex. You can build 8 townhouses on just this lot alone! Huge future $$$ potential, Phoenix homes is building townhomes next door! Will to look at trades incl. townhomes or apartments.