47005 YALE ROAD, Little Mountain

Description

An exceptional opportunity to hold as an investment or pursue future development. The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project. Whether you're looking for a strong revenue-producing property, a long-term investment, or a prime development opportunity, this unique offering checks all the boxes. * PREC - Personal Real Estate Corporation (id:63159)

Property Details

Brokerage

Advantage Property Management

Location Insights

Population

93,203

(2021 Census)

+11.2% since 2016

Density

356.6/km²

Dwellings

37,124

Median household income

$85,000

After-tax

$76,000

Immigrant population

14.8%

Top countries of origin

• United Kingdom2.2% · 2,070
• India1.3% · 1,180
• Netherlands1.2% · 1,135
• Philippines1% · 950
• United States of America1% · 940
• Germany0.8% · 780
• China0.5% · 510
• Viet Nam0.5% · 450

Source: Statistics Canada, 2021 Census of Population.

Weather

23°C

—

Humidity 51%

Wind S 7 km/h

Today

24°

Tonight

14°

Thursday

21°

Thursday night

11°

Friday

20°

Friday night

13°

Source: Environment and Climate Change Canada.