House for sale
19919 Silverhope Road, Hope
$1,000,000
$1,000,000
House for sale
19919 Silverhope Road, Hope
Features
Style
Rancher/Bungalow
Year Built
Old Timer
Floor Area
572 sqft
Lot Size
26,243 sqft
Lot Frontage
100 ft
Property Taxes
$3,128 (2024)
Description
Explore this exceptional 25,000 sq ft flat, rectangular lot with immense development potential. Recently rezoned from RS1 to RS-2, the property now allows for the construction of up to five 4,000 sq ft lots, making it a prime ready-to-build project for developers. Alternatively, retain and renovate the existing three grandfathered dwellings, which can generate a rental income of $4,000 to $4,500 per month. One home is currently tenanted on a month-to-month, providing instant revenue. Nestled in a highly sought-after area near the University of the Fraser Valley, hospital, schools, and recreational facilities, this is a rare opportunity. Act fast to secure this incredible property!
MLS® Number R2930829