Description

Location, location, location....Attention all investors and developments, right on Fraser Hwy and 262B St, next to Aldergrove Village Shopping Centre. Amazing opportunity to purchase rare commercial/residential mixed free hold property right on the corner of a busy street. This cash producing property with great cap rate won't last long. Rental income from the house on the property is minimum $2000/month, business income on the property pays $5500/month 6 years term with increase of rent to $6000/month after 3 years. Buy and let the property pay for it's self or redevelop, taking advantage of the M-2 zoning. Contact now for your private showing, don't wait. Possible combine sale with lot next door R2559480.

Taxes (2020): $7,001.08