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20920 CAMWOOD AVENUE, Maple Ridge | $2,925,000

DEVELOPMENT OPPORTUNITY IN THE LOUGHEED CORRIDOR! This prime development property offers approximately 22,704 sq. ft. of land in a strategic location along the Lougheed Corridor. POTENTIAL FOR RUR URBAN INFILL RESIDENTIAL. The property offers a range of potential redevelopment options including duplex, triplex, fourplex, courtyard and townhouse development, with opportunities for up to 6 units per 4,844 sq. ft. lot, depending on the development form, site layout and applicable city requirements. The existing home is livable and in great shape, providing the opportunity for rental income while you plan and work through your future development. Potential 7 RUR lots with neighbouring property 20932 Camwood Avenue.

Description

DEVELOPMENT OPPORTUNITY IN THE LOUGHEED CORRIDOR! This prime development property offers approximately 22,704 sq. ft. of land in a strategic location along the Lougheed Corridor. POTENTIAL FOR RUR URBAN INFILL RESIDENTIAL. The property offers a range of potential redevelopment options including duplex, triplex, fourplex, courtyard and townhouse development, with opportunities for up to 6 units per 4,844 sq. ft. lot, depending on the development form, site layout and applicable city requirements. The existing home is livable and in great shape, providing the opportunity for rental income while you plan and work through your future development. Potential 7 RUR lots with neighbouring property 20932 Camwood Avenue.

General Info


MLS Listing ID: R3171431 Bedrooms: 3 Bathrooms: 2 Year Built: 1949
Parking: N/A Heating: Forced air Lotsize: 22704 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full (Finished)

Amenities/Features


  • Central location

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .