9775 132 Street, Cedar Hills, Surrey

$1,520,000 |   MLS® Number  R2892961

House for sale in Cedar Hills, Surrey, North Surrey, 9775 132 Street, 262914588 | Realtylink.org

House for sale, 9 rooms, 2 bathrooms

Style
3 Level Split, Basement Entry
Year Built
1957
Floor Area
1,410 sqft
Lot Size
7,950 sqft
Lot Frontage
63.45 ft
Parking Spaces
5
View
Mt. Baker
Property Taxes
$4,366 (2023)
Additional Features
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Fireplace Insert, Storage Shed

This property presents a remarkable opportunity for investors, particularly given the forthcoming Bill 44, which is set to increase the density on lots near public transit. Under this new legislation, properties near the public transit and back lane access can be developed into a potential sixplex. Buyer/Buyer's Agent to check with city. With a spacious 8,000 square-foot lot, 6 bedrooms, 2 bathrooms, including a rental suite 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. Making it an attractive investment opportunity. Property is currently undergoing improvements.