About this House
Exceptional RT-2 zoned corner lot property offering strong rental income and development potential. Thoughtfully renovated and converted in 2023 into three separate rental suites, each with its own washer and dryer. The property currently generates approx. $7,000/month rental income, providing immediate cash flow for investors. Situated within the TOA Tier 2 area, ideal for investors, multi-generational families, buyers looking to live in one suite while collecting rents from the other two. It also offers duplex, multiplex, and future development potential. This is a rare opportunity combining the advantages of an RT-2-zoned corner lot, multiple income streams, and an excellent location close to transit, parks, restaurants, and supermarkets.
Listed by Royal Regal Realty Ltd..
Listing Features
- MLS®: R3148454
- Type: House
- Bedrooms: 8
- Bathrooms: 3
- Square Feet: 2,224 sqft
- Lot Size: 3,696 sqft
- Frontage: 33.00 ft
- Full Baths: 3
- Half Baths: 0
- Taxes: $8390.47
- Parking: Additional Parking, Lane Access, Side Access (2)
- Basement: Exterior Entry
- Storeys: 2 storeys
- Year Built: 1981
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Hossein Pejman 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.
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