A rare and exciting opportunity awaits you in Bolivar Heights! This expansive 14,600 SF sub-dividable lot, complete with a PLA approval, offers incredible potential for development. The existing home can remain on an 8,300 SF lot, while a new 6,200 SF lot will be created from the side, preserving the current property. Both lots have potential for 3-storey homes approximately 6,600 SF and 5,300 SF respectively. The potential for a THREE LOT Subdivision is being explored with the city as well. The existing residence has been recently renovated and features 3 bedrooms and 2 bathrooms on the main floor, plus a 2-bedroom, 1.5-bath rental suite generating a steady income of $4,485 per month. Seize this unique chance to maximize value in a prime location! Contact us for a developer package including feasibility study. Please ensure to conduct your due diligence with the City of Surrey. Book your private showing today!