15824 TULIP Drive, Surrey, British Columbia V4A1Y1

Property Description

Exceptional opportunity to build on this 8,730 sqft RECTANGULAR R3 LOT w/BACK LANE ACCESS. NO EASEMENTS OR RIGHTS OF WAY.  Build FOURPLEX units and get a return of ~1-1.2 million (each unit may be sold independently and can include a MORTGAGE HELPER). Alternatively, explore options such as a 3-STOREY SINGLE-FAMILY HOME WITH GARDEN SUITE or a 3-STOREY DUPLEX WITH TWO GARDEN SUITES (buyer to verify with City). PRIME LOCATION near Semiahmoo Shopping Centre, Highway 99 and transit. Excellent school catchments include Earl Marriott Secondary and Elgin Park Secondary. Minutes to White Rock & Crescent Beach, parks and recreation.  Rare DEVELOPMENT-READY SITE. Priced ~$150,000 BELOW BC ASSESSED VALUE. (id:5764)