Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered dwellings, which can generate a rental income of $4,000 to $4,500 per month. One home is currently tenanted on a month-to-month, providing instant revenue. Nestled in a highly sought-after area near the University of the Fraser Valley, hospital, schools, and recreational facilities, this is a rare opportunity. Act fast to secure this incredible property!
| Address |
19919 SILVERHOPE ROAD |
| List Price |
$1,000,000 |
| Property Type |
Residential Detached |
| Type of Dwelling |
House/Single Family |
| Style of Home |
Rancher/Bungalow |
| Area |
Hope & Area |
| Sub-Area |
Hope |
| Bedrooms |
2 |
| Bathrooms |
1 |
| Floor Area |
572 Sq. Ft. |
| Lot Size |
26243 Sq. Ft. |
| Year Built |
9999 |
| MLS® Number |
R2930829 |
| Listing Brokerage |
Sutton Premier Realty
| Century 21 Coastal Realty Ltd.
|
| Basement Area |
None |
| Postal Code |
V0X 1L2 |
| Zoning |
RS-2 |
| Tax Amount |
$3,129 |
| Tax Year |
2024 |
| Amenities |
None |
