Amazing value! Designated Multi Unit Attached in the Mission OCP, this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two lrg developments in the immediate area by reputable developers. The site is improved with a 3865sqft home, I/G pool, 2 bay WS & storage shed all in a great setting. Water/Drainage infrastructure already exists along Bannister w/sewer connections coming from developments to the north (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 33-39 townhomes on this site. Also see R2919187/R2942902 and Exclusive Listing 8563 Bannister. DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT. Call for a full information brochure!
Address
8559 BANNISTER DRIVE
List Price
$5,200,000
Property Type
Residential Detached
Type of Dwelling
House with Acreage
Style of Home
2 Storey w/Bsmt.
Area
Mission
Sub-Area
Mission BC
Bedrooms
3
Bathrooms
4
Floor Area
3,865 Sq. Ft.
Year Built
1994
MLS® Number
R2923198
Listing Brokerage
Sutton Group-West Coast Realty (Abbotsford)
Basement Area
Full
Postal Code
V2V 6Y3
Zoning
S20
Tax Amount
$7,110.00
Tax Year
2024
Site Influences
Central Location, Golf Course Nearby, Private Yard, Recreation Nearby, Shopping Nearby, Treed
Features
Air Conditioning, ClthWsh/Dryr/Frdg/Stve/DW