C$849,800

The investment property of all investment properties. Surrey has spent the last decade transforming its major corridors into higher-density communities, and this property sits right in the path of growth. Located on the 64th Avenue corridor, this 7,700+ sqft lot features a livable 1,300 sqft rancher, perfect as a rental, holding property, or first home while you plan for the future. The real story here is the land: R3 is Surrey's small-scale multi-unit zone, permitting up to 4 dwelling units subject to City requirements. With transit service along 64th Avenue and the province pushing density near frequent transit, the long-term upside speaks for itself. Live in it, rent it, or land bank it, this is a classic buy-and-hold opportunity on a corridor with momentum. (id:41202)