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.
Address
12129 100 Avenue
List Price
$1,799,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Basement Entry
Structure Type
Residential Detached
Transaction Type
Sale
Area
North Surrey
Sub-Area
Cedar Hills
Bedrooms
8
Bathrooms
5
Half Bathrooms
1
Floor Area
4,520 Sq. Ft.
Main Floor Area
4000
Lot Size
18360 Sq. Ft.
Lot Size Dimensions
200 x
Lot Size (Acres)
0.42 Ac.
Lot Size Units
Square Feet
Total Building Area
4520
Frontage Length
200
MLS® Number
R3068901
Listing Brokerage
Century 21 Coastal Realty Ltd.
Basement Area
Exterior Entry
Postal Code
V3V 2W7
Zoning
R3
Ownership
Freehold NonStrata
Parking
Additional Parking, Detached, Front Access
Parking Places (Total)
8
Tax Amount
$6,093.00
Tax Year
2024
Site Influences
Balcony
Exterior Features
Balcony
Appliances
Washer, Dryer
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
1
Entry Location
Exterior Entry
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
CITY/ MOUNTAIN VIEW