Nearly 5-acre holding property priced for today's market - not future development values. Offered at approximately $740,000 per acre, which is comparable 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 once 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 and future development potential. (37327957)
Property Type
Vacant Land
Annual Property Taxes
$7,942.12 (CAD)
Time on REALTOR.ca
2 days
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