Location! Excellent investment opportunity. This updated family home features a separate basement entry and includes a 3-bedroom legal suite as a mortgage helper. Situated on a spacious 9,730 sq. ft. subdividable lot, with potential to build a 4-plex (OCP: Urban Infill). Verify new zoning regulations with the City. The upper level offers 3 bedrooms, including a 2-piece ensuite, and a full bath. Recent upgrades include new flooring, kitchen, bathroom, tiles, and plumbing fixtures. Ideal for a family to live upstairs while renting out the large 3-bedroom basement suite. Combined rental income is $4,000/month. Just a 5-minute walk to shopping malls, grocery stores, banks, restaurants, and more. Conveniently located 3 blocks from all three levels of schools. Book your private showing today!
| Address |
2514 LILAC STREET |
| List Price |
$1,500,000 |
| Property Type |
Residential Detached |
| Type of Dwelling |
House/Single Family |
| Area |
Abbotsford |
| Sub-Area |
Abbotsford West |
| Bedrooms |
5 |
| Bathrooms |
3 |
| Floor Area |
2,360 Sq. Ft. |
| Lot Size |
9730 Sq. Ft. |
| Year Built |
1981 |
| MLS® Number |
R2929750 |
| Listing Brokerage |
SRS Hall of Fame Realty
|
| Basement Area |
Full |
| Postal Code |
V2T 1P6 |
| Zoning |
RS3-I |
| Tax Amount |
$5,124 |
| Tax Year |
2024 |
| Site Influences |
Central Location, Recreation Nearby, Shopping Nearby |
| Features |
ClthWsh/Dryr/Frdg/Stve/DW, Drapes/Window Coverings, Smoke Alarm |
| Amenities |
In Suite Laundry |
