Nearly 5-acre holding property priced for today's market, not future development values. Offered at approximately $740,000/acre which is close to the cost of a single lot in Mission. The property is designated Urban Residential, allowing for future subdivision into single-family lots, duplexes, or small multi-family (fourplex) development, subject to municipal approvals. There is approximately 3.4 acres of usable land, with the potential to achieve 7-8 lots per acre once developable. This is an ideal long-term investment for a patient buyer looking to secure land at the right price during a softer market cycle. Well-located along a key corridor in a growing area, this property presents a rare opportunity to buy, hold, and benefit from long-term appreciation +future development potential (id:44393)
| MLS® Number | R3078730 |
| Property Type | Vacant Land |
| Acreage | Yes |
| Size Irregular | 4.57 |
| Size Total | 4.57 Ac |
| Size Total Text | 4.57 Ac |
https://www.realtor.ca/real-estate/29251295/33181-dewdney-trunk-road-mission
Contact us for more information
Sat Swaich
Personal Real Estate Corporation - Prime Property Group
(888) 828-8447
www.onereal.com/
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