Exceptional investment and development opportunity in North Surrey's transitioning Royal Heights neighborhood. This expansive 26,400-square-foot property features a prominent 200-foot frontage, offering substantial versatility for builders and investors alike. High-potential development avenues include subdividing the parcel into four R3-zoned lots to construct 5,000-square-foot homes, or pursuing a Frequent Bus Stop Area (FBSA) designation, which may permit up to six dwelling units per lot with no parking requirements. The existing 2,800-square-foot residence includes a secondary suite, providing stable rental income while you navigate the rezoning and building permit processes with the City of Surrey. All development paths, zoning specifications, and secondary suite details are to be independently verified by the buyer or their agent via due diligence. (id:62865)