Excellent development and investment opportunity in a prime Newton location. This well-situated property is conveniently located near King George Boulevard, Newton Wave Pool, public transit, schools, library, fitness centres, banks, and shopping amenities. The home features three basement suites, offering strong mortgage-helper income and excellent cash flow potential. Ideal for investors looking to rent the entire property, or for homeowners seeking to live upstairs while ge…nerating rental income from the basement suites. The property also presents future low-rise development potential, subject to coordinated development with neighboring properties. Buyer or Buyer’s Agent to verify all development potential with the City of Surrey.
Listed by Keller Williams Ocean Realty.