$1,699,000
About this House
This exceptional 10,000+ sq ft lot sits in a prime ocean view location with panoramic water vistas and a generous 65 ft frontage perfect for future growth. Under SSMUH development the lot exceeds the minimum size required for 4plex without rezoning. Recent comps show 3bed in the area averaging $1.25M, so four modern 1,200 sq ft units could realistically value at $1.2M–$1.3M each projecting a total fourplex worth $5M This offers massive ROI potential over the current listing. In the meantime enjoy strong rental income from the existing well-maintained 4-bed, 3-bath rancher (with potential to rent in-law suite separately). Thoughtful updated features include a modern kitchen, renovated ensuite, new furnace, driveway, and more. A rare White Rock gem
Listed by Woodhouse Realty.
Brought to you by your friendly REALTORS® through the MLS® System,
courtesy of BrixWork for Realtors for your convenience.
Disclaimer: This
representation is based in whole or in part on data generated by the Chilliwack
& District Real Estate Board, Fraser Valley Real Estate Board or Real Estate
Board of Greater Vancouver which assumes no responsibility for its accuracy.
Features
- MLS®: R3099779
- Type: House
- Bedrooms: 4
- Bathrooms: 3
- Square Feet: 2,263 sqft
- Lot Size: 10,372 sqft
- Frontage: 65.00 ft
- Full Baths: 3
- Half Baths: 0
- Taxes: $9478.51
- Parking: Detached, Front Access (8)
- Basement: Finished, Exterior Entry
- Storeys: 2 storeys
- Year Built: 1947
- Style: Rancher/Bungalow w/Bsmt.