1.92 ACLand / Other$1,350,000Sale
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-All measurements are approximate, Buyer to verify if important.
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- Confidential Information Memorandum containing important evaluation material, available upon return of signed NDA, see attached. *All measurements are approximate, Buyer to verify if important.