Nearly 5-acre holding property priced for today’s market, not future development values. Offered at approximately $740,000/acre which is close to the cost of a single lot in Mission. The property is designated Urban Residential, allowing for future subdivision into single-family lots, duplexes, or small multi-family (fourplex) development, subject to municipal approvals. There is approximately 3.4 acres of usable land, with the potential to achieve 7–8 lots per acre o…nce developable. This is an ideal long-term investment for a patient buyer looking to secure land at the right price during a softer market cycle. Well-located along a key corridor in a growing area, this property presents a rare opportunity to buy, hold, and benefit from long-term appreciation +future development potential
Listed by Real Broker B.C. Ltd..