Property Description for 19919 SILVERHOPE ROAD
Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered dwellings, which can generate a rental income of $4,000 to $4,500 per month. One home is currently tenanted on a month-to-month, providing instant revenue. Nestled in a highly sought-after area near the University of the Fraser Valley, hospital, schools, and recreational facilities, this is a rare opportunity. Act fast to secure this incredible property!
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Property Details
Property Tax
: $3,129 (2024)MLS® #
: R2930829
Home Features
Property Type
: Single FamilySquare Footage
: 572 SQFTSubdivision
: Hope
Interior Features
Heating
: Forced Air, Natural Gas
Exterior Features
Acreage
: 0.60
Other
Parking Features
: Add. Parking Avail., Carport; SingleFireplace Features
: 0
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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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. Copyright© 2024 Greater Vancouver REALTORS®. All Rights Reserved.