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Land For Sale • 4.27 AC
The existing 3,072 SF residence has been fully renovated and includes two income-generating suites with a total of five bedrooms and three full bathrooms. The home is currently producing nearly $5,000 per month in rental income, making it a strong holding asset while development plans are pursued. A geo study confirms the property sits on solid rock, providing a stable foundation for future construction. An active Preliminary Layout Approval (PLA) is already in place to subdivide one lot, streamlining the path to redevelopment. The property’s location near other higher-density subdivisions enhances its appeal for builders, while its quiet setting and south-facing views make it equally attractive for a private estate or boutique residential enclave.
| Active PLA in place for subdivision, ready to proceed. |
| Renovated home with dual rental suites and strong income. |
| Over 500 feet of frontage on Yale and Latimer. |
| Backs onto city parkland for privacy and green space. |
| Geo study confirms solid rock foundation for development. |
| Located near higher-density subdivisions and urban amenities. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 2.0 mi | |
| Airport | Drive | Walk | Distance |
| Abbotsford International | 37 min | - | 25.9 mi |
| Bellingham International | 77 min | - | 49.3 mi |
Clarke Sexsmith
Homelife Advantage Realty Ltd
Clarke Sexsmith
Homelife Advantage Realty Ltd
