Seize this prime investment opportunity in the heart of North Delta! This ‘BC Box’ home, built in 1971, is nestled on a peaceful cul-de-sac. With 5 bedrooms and 3 bathrooms, this property offers the potential for a lucrative investment, boasting privacy with no backyard neighbors and a location just steps away from Delview Park and Secondary School. While the property may be dated, its layout presents the chance to add a mortgage-helper suite. There are 4 clear paths to profit here: clean out and sell the property as-is, add a basement suite for a 2-unit rental income, fully renovate and sell on the market for significant gains, or demolish the existing home and build your dream home on the 600+ sq ft lot. Comparable properties have been selling for over $1.4 million with a suite added. Don’t miss out on this delightful detached deal in Delta!

We are selling our assignable purchase contract.

Closing is Aug 15th, 2024
*The Buyer and Seller agree that the Seller may leave their furniture and belongings in the property upon closing.**

**As per our CPS, the Seller is permitted to extend or shorten the closing 1 time by up to 30 calendar days with 15 days written notice**

• 1-storey with basement
• Split level entry
• 5 bedrooms
  • 3 bedrooms located on the main floor
  • 2 bedrooms located in the basement
• 3 bathrooms
  • 4-piece located on the main floor
  • 2-piece ensuite located on the main floor
  • 3-piece located in the basement
• Built in 1971
• Total interior square footage: 2145 sq ft (as per BC Assessment) 
• Main floor: 1245 sq ft (as per BC Assessment)
  • Features 3 bedrooms, 2 bathrooms, kitchen, living room and dining room
• Basement: 900 sq ft (as per BC Assessment)
  • Features 2 bedrooms, 1 bathroom, living room and laundry room
• All appliances will be included, excluding the washer & dryer
• Kitchen has laminate countertops and oak cabinets
• Wood-burning fireplace is located in the living room on the main level
  • The Seller does not use this fireplace
• Gas fireplace is located in the living room basement
• Flooring: tile, laminate and hardwood
• 100 AMP breaker panel
• Gas furnace is a 2014 model but installed in 2024 (as per Seller)
  • Our House Buying Specialist believes this furnace information may not be accurate
• HWT was installed in 2014 (as per Seller)
• Windows are double pane vinyl and were installed in 1996 (as per Seller)
• Roof shingles were replaced in 2006 (as per Seller)
• Covered deck accessible from the kitchen
• Backyard has a metal shed, enclosed storage under the deck and a grass lawn
  • South facing and access off road, could provide RV parking
  • Wood/chain link fence surrounds the backyard
• 1-car attached garage is accessible from front and back yards
• Driveway can fit 2 cars
• On municipal water and sewer
• Annual property taxes are $4,232 per this online calculator: HERE
• Lot size: 6071 sq ft (as per BC Assessment)
• Zoning: RD3 Duplex/Single Detached Residential 3 (as per THIS zoning map)
  • RD3 zoning – INTENT single detached, and on larger lots, duplex; PRINCIPAL USES Duplex, Single detached; ACCESSORY USES Home occupation, accessory to a duplex or a single detached, Secondary suite, accessory only to a single detached or duplex: – HERE
  • According to the Delta Zoning Bylaw, a lot of 836 sq metres (8999 sq ft) is required to build a Duplex
  • The new Delta OCP “Housing Our Future” will be updated in June 2024 and if accepted, will allow for a Duplex with a suite on each property, essentially a Fourplex (Buyer to verify)