Average square foot calculated using Size range provided by listing agent.
Description
Exceptional investment opportunity!! This approved 2-lot subdivision total land size over 18000sqft & offers approx. 9, 000 sqft. Per lot, giving developers and investors huge upside. Currently generating strong income from two 2-bedroom basement suites & the main house which provides flexibility. Tear down and build two high-density projects, or renovate and hold while collecting rental income. Located in a high-transit zoning area with future growth potential, this site is ideal for constructing new duplexes with legal suites and garden suites on each lot. Perfect for land bankers waiting for the next market boom. One of the best-value opportunities in the area—run your numbers, the potential is massive! Lot within eligible Frequent Bus Stop Area. House need some repair.
MLS® NumberR3068901
Laundry Level
Central VacNo
FireplaceNo
Acreage0.42
Exterior
GarageNo
Approx. Age
BasementExterior Entry
DrivewayAdditional Parking, Detached, Front Access