1.92 ACLand / Other$1,500,000Sale
1.92 AC
Land / Other
$1,500,000
Sale
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This development property has an area of 1.92 Acres with a 1957 Built 4172 sf SFD . The structure is in great condition and can provide decent holding income, as the house may be rented out or even turned into a 2 storey Air BnB. See Supplements for floorplan. This property can be purchased along with 3375 Trans Canada Highway to form a land Assembly of apx. 3.1 Acres, providing a substantial development opportunity with a combined highway frontage of 272ft. Recent rezoning of similar properties nearby, and proposed Land Use changes to the current CVRD , OCP bode well for the future commercial development potential of this site. Average daily traffic count as per 10 year summary concluding in 2022 was 24,136 vehicles per day. A FIRE ON SAT. APRIL 29TH 2023 HAS DESTROYED THE HOUSE.AT 3375 TCH THAT PROPERTY IS NOW BEEN SOLD ON AN “AS IS, WHERE IS BASIS”. PLEASE SEE BROCHURE
The Property
Asking Price$1,500,000
Available Space1.92 AC
NegotiableYes
Property UseInvestment property / Retail / Single family
MLS® ID933112
ZoningRR3A
Frontage166'0"
Year Built1957
Parking Spaces8
SourceDirect
The Lot
This development property has an area of 1.92 Acres with a 1957 Built 4172 sf Single Family Dwelling. The structure is in great condition and can provide decent holding income. See Supplements for floor plan. This property can be purchased along with 3375 Trans Canada Highway to form a land Assembly of approx. 3.1 Acres, providing a substantial development opportunity with a combined highway frontage of 272ft. Recent rezoning of similar properties nearby, and proposed Land Use changes to the current CVRD OCP bode well for the future commercial development potential of this site. Average daily traffic count as per 10 year summary concluding in 2022 was 24,136 vehicles per day. A FIRE ON SAT. APRIL 29TH 2023 HAS DESTROYED THE HOUSE.AT 3375 TCH THAT PROPERTY IS NOW BEEN SOLD ON AN “AS IS, WHERE IS BASIS”. PLEASE SEE BROCHURE
Property TypeLand / Other
Floors2
Building Size4,172 ft²
Lot Size83,635 ft²
MLS® ID93312
ZoningRR3A
Frontage166'0"
Year Built1957
Parking Spaces8
CEBA repayment assistance - save up to $20,000
Merchant Growth can provide you with an amount up to the outstanding CEBA loan, which may be used to immediately repay the balance in full, ensuring you gain access to the forgiveness program.
