About This Property
Sought after treasure in great East Newton location. Preferred High side of the street. First time EVER on the market. Builders, Developers, Investors & Portfolio Collectors come one & all. R3 Urban zoning with backyard lane means Up to 4 principal dwelling units - HOUSEPLEX. Check it out!!! This Beauty looks like a real manageable project, that will require no costly rezoning expenses & time delays. 8057 sq. ft. lot with 64.86 ft. frontage on both 77A Avenue & the backyard lane. The existing home is cute as a bug's ear so you can happily live here or rent out until you're ready to develop. Post & Beam means vaulted ceilings & lots of windows. The strawberry themed kitchen will pull at your heart. Cozy living & dining rooms. Beautiful big private deck off the kitchen & park like yard. (id:64973)
The $1,299,500 asking price translates to $1,237 per square foot, which is significantly higher than the Surrey average of $800-$950 per square foot for similar single-family homes. However, the property's R3 Urban zoning and potential for up to 4 principal dwelling units make it an attractive development opportunity for builders and investors. Given the property's generous 8,057 sq. ft. lot size and lane access, this listing is well-suited for experienced developers or portfolio collectors looking to maximize the land's potential through a multi-unit housing project, capitalizing on the growing demand for densification in East Newton.
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