White Rock (Surrey, British Columbia, CA - V4B 3Y8)
$2,799,900

 
Details

Address: 1225 Johnston Rd
Type: Residential
Style:  Single Story
Development Level: Built
Size: 5,500 sq. ft.
Taxes: $17,097.79 (2020)
MLS® #: C8037499
 
Description

Older building in Prime White Rock location. Ideal holding property with 4 tenants in place for Revenue stream, with the potential to Redevelop in the near future. City OCP shows mixed Residential/Commercial up to 4 stories and a FAR of 2.0 buyers to confirm with the City themselves. Currently the property to the North was for sale and may be purchased to make a site of over 17,000 sq.ft. Located in a very popular area called 5 Corners, with new higher and development taking place, new restaurants and shops steps away. Mostly land value with future development potential. Current tenants have been long term. Do not disturb tenants please.
 
Brokered and Advertised by:
   Macdonald Realty
 
P2#461504341

Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.