11961 97A Avenue, Surrey, British Columbia V3V2G9

Listing courtesy of eXp Realty.

$2,400,000
5
BD
3
BA
2,800
SqFt

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List Price
$2,400,000
MLS®
R3136948
Days on Market
41
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
5
Bathrooms
3
Living Area
2,800
Lot Size Dimensions
26400
Lot Size
26,400

Property Description

Exceptional investment and development opportunity in North Surrey's transitioning Royal Heights neighborhood. This expansive 26,400-square-foot property features a prominent 200-foot frontage, offering substantial versatility for builders and investors alike. High-potential development avenues include subdividing the parcel into four R3-zoned lots to construct 5,000-square-foot homes, or pursuing a Frequent Bus Stop Area (FBSA) designation, which may permit up to six dwelling units per lot with no parking requirements. The existing 2,800-square-foot residence includes a secondary suite, providing stable rental income while you navigate the rezoning and building permit processes with the City of Surrey. All development paths, zoning specifications, and secondary suite details are to be independently verified by the buyer or their agent via due diligence. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Parking Spaces
6
Fireplaces
2
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Architectural Style
2 Level
Lot Size
26,400

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Calculator source: Real Geeks