About this House in Renfrew Heights
Rare income-producing RT-2-zoned corner property offering immediate rental income and redevelopment potential. Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $7,000/monthly rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this corner lot offers lane and side access, providing excellent flexibility. Perfect for investors, multi-genera…tional families, or buyers looking to live in one suite while collecting rental income from the other two. This is a rare combination of future land value upside, strong rental income, and an excellent location close to transit, parks, restaurants, and supermarkets.
Listed by Royal Regal Realty Ltd..
Rare income-producing RT-2-zoned corner property offering immediate rental income and redevelopment potential. Thoughtfully renovated and converted in 2023 into three separate suites, each with its own laundry. The property currently generates approximately $7,000/monthly rental income, making it an excellent mortgage helper. Situated within the TOA Tier 2 area, this corner lot offers lane and side access, providing excellent flexibility. Perfect for investors, multi-generational families, or buyers looking to live in one suite while collecting rental income from the other two. This is a rare combination of future land value upside, strong rental income, and an excellent location close to transit, parks, restaurants, and supermarkets.
Listed by Royal Regal Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Karim Bhatia for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS® R3148454
- Type House
- Bedrooms 8
- Bathrooms 3
- Size 2,224 sqft
- Lot Size 3,696 sqft
- Frontage 33.00 ft
- Full Baths 3
- Half Baths 0
- Taxes $8390.47
- Parking Additional Parking, Lane Access, Side Access (2)
- Basement Exterior Entry
- Storeys 2 storeys
- Year Built 1981
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