$1,199,900
Priced $191,700 under the tax assessment. Prime Transit-Oriented Development opportunity in sought-after Ranch Park. Situated just 545m to the SkyTrain station and within a designated TOA under Bill 47, which requires municipalities to permit up to 8 storeys and minimum 3.0 FAR within 800m of stations. Located on a desirable, manicured street in a rapidly evolving neighbourhood with strong redevelopment momentum. The existing rancher with separate-entry easy to suite basement provides holding income potential while planning future density. Sloped driveway, private hedged yard. A strategic land acquisition in a high-growth, transit-focused corridor. Buy now, profit later. House has A/C/heat pump. Solid Rental.
Listed by RE/MAX Aldercenter Realty.
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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.
| MLS®: | R3089523 |
| Type: | House |
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Square Feet: | 2,000 sqft |
| Lot Size: | 8,712 sqft |
| Frontage: | 65.00 ft |
| Year Built: | 1973 |