DEVELOPMENT POTENTIAL in ALDERGROVE - zoned Medium Density up to 6 stories. You won't find many detached homes in a walkable location like this. Less than two blocks from the watreslides and hockey rink. One street west of the up and coming $25M 6 phase shopping district just about ready to break ground. Great rental property, going rents in the area approx $2500+/-. Some renovations done 2020 offering 2 beds & den, could easily be a 3 bedroom. It's on a quiet street with lane access, ample parking and a detached garage. Eventually it will partner with the 4 adjacent properties for apartments. Easy access to Hwy 1, the US border, the Abbotsford Airport & Highstreet Mall. This property would be like owning Boardwalk from the game Monopoly.
Listing courtesy of RE/MAX Aldercenter Realty
NOTE: 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.