7 bed
2 bath
2,400 sqft
Single Family Residence
Built in 1960
11,170 sqft lot
5 parking
2 fireplaces
Freehold NonStrata
R3 zone
Open House
04/20/2025 12:00 PM to 2:00 PMPublic remarks
SUBDIVIDABLE 11,170 sqft lot with a stunning FULLY RENOVATED home sitting high above the street, showcasing incredible mountain scenery with partial Fraser River views! Lucrative development opportunity — Subdivide and build 4 half duplexes PLUS 4 garden suites, or create a houseplex (4plex) without subdivision, thanks to R3 zoning and a large corner lot with 2 road frontages and an EXTRA-WIDE 110 ft frontage on Millar Rd. Main floor has 3 beds with vaulted cedar ceilings, skylights, and TONS OF NATURAL LIGHT. Lower level is an ideal mortgage helper with 4 beds, large living area, and a separate laundry. Downstairs suite rented for $3,850/month, upstairs at $3,450 — that’s $7,300/month in rental income! New kitchens, bathroom, blinds, PEX plumbing, flooring etc. *OPEN HOUSE: SUN 12-2pm*
Private remarks
Please note **BONUS**. All measurements by the LR and are approx.; Buyers should verify if deemed important. Property contains accommodation which is not authorized. DOIT to be signed - Listing agent is the seller. Super easy to show anytime - send buyers, full cooperation. Lot size from COSMOS; Any development potential to be confirmed by you from the city. 2 entrances in the suite, 3+1 potential. $150k renovation in 2023. BASEMENT: $3850, UP: $3450 mtm = $7300! Offers as they come. *AVAILABLE*
Buyer agency compensation
3.22% for the first $100k, 1.15% on the balance + $3000 bonus
$1,475,000 ($614/sqft)
Active
Listed
04/07/2025
Expiry date
Original price
Gross taxes (2024)
$5,651.17
Property transfer tax
$27,500.00
Last Updated: 04/17/2025 10:00 AM
Courtesy of RE/MAX Performance Realty
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
11412 River Road | R2987061 | 04/17/2025 10:00 AM | 04/07/2025 | Active | $1,475,000 | Login to view | Khush Khosa | RE/MAX Performance Realty |
11412 River Road | R2760890 | 10/15/2023 08:18 PM | 03/20/2023 | Closed | $1,275,000 | Login to view | Homelife Advantage Realty Ltd. |