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!
| Address | 19919 SILVERHOPE ROAD |
| List Price | $1,000,000 |
| Property Type | Residential Detached |
| Type of Dwelling | House/Single Family |
| Style of Home | Rancher/Bungalow |
| Area | Hope & Area |
| Sub-Area | Hope |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Floor Area | 572 Sq. Ft. |
| Lot Size | 26243 Sq. Ft. |
| Year Built | 9999 |
| MLS® Number | R2930829 |
| Listing Brokerage | Sutton Premier Realty | Century 21 Coastal Realty Ltd. |
| Basement Area | None |
| Postal Code | V0X 1L2 |
| Zoning | RS-2 |
| Tax Amount | $3,129 |
| Tax Year | 2024 |
| Amenities | None |
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