$2,970,000
$2,999,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
3,951 SqFt
SOLD DATE : 06/01/2024
Key Details
Sold Price $2,970,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,951 sqft
Price per Sqft $751
Subdivision East Newton
MLS Listing ID R2886216
Sold Date 06/01/24
Style Basement Entry
Bedrooms 7
Full Baths 4
Abv Grd Liv Area 3,951
Total Fin. Sqft 3951
Rental Info 4
Year Built 1970
Annual Tax Amount $8,591
Tax Year 2023
Lot Size 0.544 Acres
Acres 0.54
Property Description
DEVELOPMENT OPPORTUNITY!! Here is an extremely rare opportunity to acquire a unicorn parcel with no water courses, ROW or easements on the property. The 1/2 acre parcel is surrounded by park on 3 SIDES and offers multitude of development potential including but not limited to single family lots, TH or multiplex site or a much higher FSR allowing low rise residential (pending city approval). The current structure features quality improvements and offers an excellent opportunity for investors to hold and garner market rents. This is a unique opportunity that won''t last.
Location
Province BC
Community East Newton
Area Surrey
Zoning RF
Rooms
Other Rooms Bedroom
Basement Full
Kitchen 4
Separate Den/Office N
Interior
Interior Features ClthWsh/Dryr/Frdg/Stve/DW
Heating Forced Air, Natural Gas
Fireplaces Type Gas - Natural, None
Heat Source Forced Air, Natural Gas
Exterior
Exterior Feature Balcny(s) Patio(s) Dck(s)
Parking Features Add. Parking Avail., Carport; Multiple, Garage; Double
Garage Spaces 2.0
Amenities Available None
View Y/N No
Roof Type Asphalt,Fibreglass
Lot Frontage 157.0
Total Parking Spaces 8
Building
Story 2
Sewer City/Municipal
Water City/Municipal
Structure Type Frame - Metal
Others
Restrictions Rentals Allowed
Tax ID 003-956-130
Ownership Freehold Strata
Energy Description Forced Air,Natural Gas
Read Less Info
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