*** Investment opportunity*** Check out this amazing 25,000 sq ft flat rectangular lot. Recently rezoned from RS1 to RS-2. This property offers significant development potential. The new zoning permits the construction of up to five 4,000 sq ft lots, making it an ideal ready-to-build project for developers. You can also choose to hold and renovate the existing three grandfathered dwellings, which can generate a rental income of approximately $4000-4500. Currently, one of the houses is tenanted on a month-to-month basis, providing immediate revenue. This lot is among the best in the area, located in a highly desirable neighborhood close to the University of the Fraser Valley, hospital, schools, and recreational facilities. Opportunities like this are rare, so ACT NOW to secure this gem.
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