About This Property
STARTER HOME ALERT! Rarely available opportunity in the highly sought-after Woodwards neighborhood. Well priced and offering future redevelopment potential, this home features a brand-new roof, newer windows, and a newer driveway. Currently licensed as a daycare generating approximately $8,000 per month at FULL capacity, making it ideal for home-based business owners or investors. The unique Richmond ZS24 zoning allows a variety of potential uses, combining strong future possibilities with comfortable everyday living. The extra-large garden is perfect for gardening enthusiasts, families with children, or pet owners. School catchments include Maple Lane or McKinney Elementary and Steveston-London Secondary. Why buy a townhouse when you can own a detached home with no strata fees? (id:64973)
The $845 per square foot price tag is slightly above the Richmond market average, but the property's future redevelopment potential and established daycare business make it a compelling opportunity for savvy investors seeking a turnkey income-generating asset. This unique ZS24 zoning and the strong rental yield of $8,000 per month position the home as an excellent investment for those interested in expanding their real estate portfolio or operating a home-based business.
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