Basics
- Date added: Added 2 years ago
- Category: British Columbia
- Bedrooms: 3
- Bathrooms: 3
- Area: 2368 sq ft
- Year built: 1979
Description
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Description:
Please call or text Tammy at 604-901-6028
email: Tammy@offmarketbliss.ca
Discover this hidden gem in South Surrey – a unique detached property that has the potential of lucrative returns. Boasting over 2300 interior sq ft, an attached garage, and a detached shop, all nestled on a maintained 1.218-acre lot. While the current house is dated, its potential for profit is undeniable. We see 2 strategic paths to success: embark on a full-scale renovation to transform the existing structure into a modern masterpiece, targeting a resale value exceeding $2.5 million. Alternatively, capitalize on the prime location and expansive, gated lot by demolishing the property and constructing a brand-new luxury home, ensuring a high-end, marketable asset. Seize the potential for significant returns and make this property your next successful venture!
We are selling our assignable purchase contract.
Closing is March 29th, 2024
*The Buyer and the Seller agree that the Seller may leave their furniture and belongings in the property upon closing.*
**Seller must receive a Grant of Probate by March 15, 2024 granting authority to the Seller to complete the transaction contemplated by this Contract. This condition is for the sole benefit of the Buyer. If the Seller cannot deliver this Grant in time, the Buyer and Seller agree to extend closing as many times as necessary, to a maximum of 6 months from the anticipated closing date of March 29, 2024, until the Grant of Probate is delivered to the Buyer.**
Show all descriptionPROPERTY FEATURES- 2-storey detached
- 3 bedrooms located on the second floor
- Main bedroom features an ensuite, fireplace and sitting/vanity area
- 3 bathrooms
- 2-piece powder room located on the first floor
- 4-piece bathroom located on the second floor
- 3-piece ensuite bathroom located on the second floor
- Built in 1979
- Total interior square footage: 2368 sq ft (as per BC Assessment)
- First floor: 1451 sq ft (as per BC Assessment)
- Features a bathroom, kitchen, dining room, living room, family room and laundry/utility room
- Second floor: 917 sq ft (as per BC Assessment)
- Features 3 bedrooms and 2 bathrooms
- Crawlspace:
- Accessed from outside and runs under the entire length of the first floor
- Fridge, dishwasher, washer and dryer will be included, stove is not included
- Wood fireplace located in the living room and main bedroom
- Flooring: laminate, linoleum, carpet and vinyl
- 100 AMP breaker panel
- Heated with electric baseboards on the second floor
- Original Airco brand furnace is serviced every year (as per Seller)
- Rheem hot water heater has a manufactured date of 2014
- Windows are original double-pane aluminum, 2 have been upgraded to modern vinyl (as per Seller)
- Roof was replaced in 2002 (as per Seller)
- Deck is located on the second floor and accessed from the main bedroom
- Wood siding
- Grounds are well taken care of, with garden hedges creating many pathways. Several fruit trees including McIntosh and Golden Delicious apples, Bosc and Bartlett pears, figs, quince and persimmons
- Attached 2-car garage with electric opener
- Large, detached shop can fit 2 vehicles
- Roof was replaced in 2018
- Sink in the shop is not working well
- Long driveway can fit up to 4 vehicles
- Iron gate with an electric opener is located at the end of the driveway
- On municipal water and septic
- Annual property tax is approximately $6998.00 – as per THIS tax calculator
- Lot size: 1.218 acres (as per BC Assessment)
- Zoning: RA One-Acre Residential Zone (as per THIS zoning map)
- Principal Uses: 1 single family dwelling which may contain 1 secondary suite. Hobby kennel. Bed and breakfast. The keeping of boarders or lodgers in accordance with Section B.7, of Part 4 General Provisions. Horse‐boarding. Display and retail sale of products. – see HERE