Two connected properties (11810 & 11820 207 Street) offering excellent investment and redevelopment potential in a central location next to a shopping centre. Both homes are tenanted with strong, stable rental income, providing immediate cash flow while holding for future development. The site meets the minimum land assembly requirement (13,000 sf) and offers potential redevelopment opportunity from townhomes, low-density to medium-density multifamily redevelopment, subject to rezoning and municipal approvals (max potential FAR = 2.5). A rare opportunity for investors, developers, or land bankers. (id:58426)
| MLS® Number | C8074812 |
| Property Type | Vacant Land |
| Features | Lane |
| ConstructedDate | 1957 |
| Acreage | No |
| SizeIrregular | 7000 |
| SizeTotal | 7000 Sqft |
| SizeTotalText | 7000 Sqft |
| ZoningDescription | Rs-1 |
| Electricity | Available |
| Water | At Lot Line |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29217699/11820-207-street-maple-ridge
Contact us for more information
Diane Wang
Personal Real Estate Corporation
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