8467 & 8471 JENNINGS ST Mission BC V2V 7K1

by Steven Senghera PREC*

44 UNIT TOWNHOUSE DEVELOPMENT
85,239.9 SqFt Site in Cedar Valley NCP Designated

OVERVIEW
This offering is an exceptional real estate opportunity, this property comprises a substantial 89,239.7 square feet in the flourishing locale in Mission. Distinguished by Suburban Zoning. This parcel has garnered favorable attention following a productive Preliminary Application Review (PAR) meeting with Mission Authorities. In response to this meeting, the planning authorities have expressed receptivity to a development proposal encompassing 44 townhomes alongside one Front-Load Single Family Lot. As favorable stance from the planning authorities positions this property as a promising canvas for a strategically designed residential project that aligns seamlessly with the community's development vision.
 
This prime property, with its expansive footprint, not only offers potential investors a significant canvas for development but also underscores the synergy between suburban zoning and the proposed residential layout. The prospective inclusion of 44 townhomes and a single-family lot enriched the appeal of this offering, presenting a harmonious blend of housing solutions that cater to diverse preferences within the Mission Community.
 

HIGHLIGHTS
  • This development features 44 double-car garage units, each boasting a spacious 2,061 square feet in size.
  • Centennial Park and its amenities are conveniently accessible, just a brief 3-minute drive from this property.
  • Adjacent to Cedar Valley Plan properties, this parcel enjoys a prime location, a 5-minute walk to Edwin S Richard Elementary School, and a quick 5-minute drive to Heritage Park Middle School & Mission Senior Secondary School.
  • This property features two meticulously maintained rental homes, representing a compelling investment opportunity. Their exceptional condition not only enhances market desirability but also provides a reliable income stream, making the property an attractive option for easy financing and holding.

This development offers spacious units with double-car garages, convenient access to amenities, straightforward financing, and a prime location near schools and parks, making it a compelling investment opportunity in the real estate market.


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DISCLAIMER

Please be advised that the details provided are based on the current information available and are subject to potential updates or changes. It is recommended to verify all information independently and conduct due diligence prior to making any decisions or commitments regarding the property.

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206-12992 76 avenue, Surrey, V3W, 2V6, Canada

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