11242 132 Street, Surrey MLS®: R2212606

$1,500,000
3 Beds
1 Bath
2,434 Sqft
11,254 Lot SqFt
1949 Built


Excellent investment opportunity. Large lot, 11,254 sq, build now, 5600sf house or hold out for big $$$ from a Townhouse developer. Huge 1/4 acre lot with functioning 3 bedroom house and huge shop (fits 6 cars!) Currently rented to a great long term tenant. Entire block will be rezoned to RM-30 allowing for a townhouse development. Phase 1 (75 unit) Townhouse complex is already in the works, this lot will be a KEY part to the furture phase 2 (additional 74 unit) Townhouse complex. You can build 8 townhouses on just this lot! Huge future $$$ potential, Phoenix homes is building townhomes next door! Will to look at trades incl. townhomes or apartments....Offers...
Taxes (2017): $2,745.94

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MLS Reciprocity

Listed By: Homelife Benchmark Realty (Langley) Corp.

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.