Court-ordered sale- Prime investment opportunity in Panorama Ridge! This property in the highly desirable panorama ridge area of Surrey represents an excellent investment opportunity. Boasting a 75-foot frontage and back lane access, it offers significant potential for subdivision into two RF-10 lots. With the new Bill 44, additional density may be achievable, including options for coach homes or duplexes. Currently rented, this property generates income while you navigate the city approval process or hold it as a rental investment. Situated adjacent to a brand-new commercial complex and directly across from a new townhome development, this location is highly attractive. Don't miss this exceptional opportunity to invest in a rapidly developing area.
Address |
5867 132 STREET |
List Price |
$1,449,900 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Style of Home |
1 Storey |
Area |
Surrey |
Sub-Area |
Panorama Ridge |
Bedrooms |
3 |
Bathrooms |
2 |
Floor Area |
1,410 Sq. Ft. |
Lot Size |
7364 Sq. Ft. |
Year Built |
1959 |
MLS® Number |
R2906425 |
Listing Brokerage |
Century 21 Coastal Realty Ltd.
|
Basement Area |
Crawl |
Postal Code |
V3X 1N2 |
Zoning |
RA |
Tax Amount |
$4,683 |
Tax Year |
2023 |
Site Influences |
Central Location, Golf Course Nearby, Lane Access, Treed |
Amenities |
None |