12607 96 AVENUE, Surrey, British Columbia V3V1X5

This property presents a remarkable opportunity for investors, particularly given the forthcoming Bill 44, which is set to increase the density of corner lots near public transit. Under this new legislation, the property can be developed into multifamily housing, offering options for duplex, triplex, or even fourplex configurations. with a spacious 7,200-square-foot lot, 6 bedrooms, 4 bathrooms, including rental suites downstairs. The potential rental income from this setup is substantial, with the capacity to cover a significant portion, if not the entirety, of the mortgage. It's estimated that the property could generate close to $6500 in rental income, making it an attractive investment opportunity. Call us now (id:39198)