
MLS® R2968246Westmont Realty Inc.
Overview
DEVELOPMENT POTENTIAL!
A rare investment opportunity awaits in Cloverdale with this 7,600sqft rectangular lot, ideally suited for builders and investors. Capitalize on the existing 3-bedroom rancher, currently rented to reliable tenants at $2,300 per month, providing immediate income while you explore development options. Envision building a new three-level home, or with new SSMUH regulations, a MULTIPLEX and a garden suite (Buyer to do own due diligence). Survey and Engineer's MBE Letter available to aid in your planning. This prime location in a high-demand area offers exceptional possibilities to maximize your investment in Cloverdale's thriving real estate market. Please respect the tenant's privacy; do not disturb.
These are estimates. We include Property Transfer Tax (PTT), legal, inspection, title and other closing costs; brand-new homes also add GST. The first-time-buyer figure applies the BC PTT exemption. Your real costs depend on the home, your lender and your lawyer. Run the closing costs and first-time buyer exemption calculators, and confirm with your mortgage broker and lawyer before you budget.
Courtesy of Yuvraj Soni · Westmont Realty Inc.

Gallery
4 photos
The home

Layout
Build
Parking
Costs
Interior

The area
Walk the block, time the commute, scout the coffee shop you'll stop at every morning.
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Inquire
We'll coordinate with Westmont Realty Inc. on showings, paperwork, and what to ask for. Leave your name, email, and phone, we'll get back to you the same day.
Monthly payment
About $6,547/mo
5% down · 5.25% · 25-yr amortization.
Estimate only. Talk to a mortgage broker before relying on this.