A rare and exciting opportunity awaits you in Bolivar Heights! This expansive 14,600 SF sub-dividable lot, complete with a PLA approval, offers incredible potential for development. The existing home can remain on an 8,300 SF lot, while a new 6,200 SF lot will be created from the side, preserving the current property. Both lots have potential for 3-storey homes approximately 6,600 SF and 5,300 SF respectively. The potential for a THREE LOT Subdivision is being explored with the city as well. The existing residence has been recently renovated and features 3 bedrooms and 2 bathrooms on the main floor, plus a 2-bedroom, 1.5-bath rental suite generating a steady income of $4,485 per month. Seize this unique chance to maximize value in a prime location! Contact us for a developer package including feasibility study. Please ensure to conduct your due diligence with the City of Surrey. Book your private showing today!
Data was last updated September 28, 2024 at 03:05 AM (UTC)
Area Statistics
Listings on market:
101
Avg list price:
$1,649,999
Min list price:
$999,000
Max list price:
$3,999,999
Avg days on market:
99
Min days on market:
1
Max days on market:
481
Avg price per sq.ft.:
$746.55
These statistics are generated based on the current listing's property type
and located in
Bolivar Heights. Average values are
derived using median calculations.
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