22023 Lougheed Highway
About this House
Prime RS-1 investment opportunity on an 8,976 sq. ft. lot offering strong holding value and exceptional redevelopment potential. This 6-bedroom rancher with basement suite features approximately 2,280 sq. ft. of living space, two kitchens, and a fireplace, making it ideal for rental income, multi-tenant use, or extended family living. Major upgrades completed in 2020 include a new roof, air conditioning, and tankless hot water system, reducing near-term capital expenses. The RS-1 zoning presents potential for up to 6 homes (buyer to verify with the city), positioning this property as an excellent long-term development or land-hold investment. Located within walking dist. to Walmart, shops, restaurants, & West Coast Express, this home offers strong tenant demand.Close to all sch level.
Listed by Sutton Group-West Coast Realty.
Prime RS-1 investment opportunity on an 8,976 sq. ft. lot offering strong holding value and exceptional redevelopment potential. This 6-bedroom rancher with basement suite features approximately 2,280 sq. ft. of living space, two kitchens, and a fireplace, making it ideal for rental income, multi-tenant use, or extended family living. Major upgrades completed in 2020 include a new roof, air conditioning, and tankless hot water system, reducing near-term capital expenses. The …RS-1 zoning presents potential for up to 6 homes (buyer to verify with the city), positioning this property as an excellent long-term development or land-hold investment. Located within walking dist. to Walmart, shops, restaurants, & West Coast Express, this home offers strong tenant demand.Close to all sch level.
Listed by Sutton Group-West Coast Realty.
Listing Details
- MLS®: R3075295
- Bedrooms: 6
- Bathrooms: 2
- Type: House
- Square Feet: 2,280 sqft
- Lot Size: 8,976 sqft
- Full Baths: 2
- Half Baths: 0
- Taxes: $5383.7
- Parking: Additional Parking, Side Access, Concrete (7)
- Basement: Finished
- Storeys: 2 storeys
- Year Built: 1957
- Style: Rancher/Bungalow
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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.
Neighbourhood Intelligence by HoodQ
Here is a brief summary of some amenities close to this listing (22023 Lougheed Highway, West Central, Maple Ridge), such as schools, parks & recreation centres and public transit.
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