5973 Holstein Street

Single Family Residence · For sale

Asking

$1,075,000

MLS® R2968246

Bedrooms: 3
Bathrooms: 1
Interior: 1,500 sqft
Lot: 7,623 sqft
Built: 1975
Parking: 2

The home

DEVELOPMENT POTENTIAL! Rare investment opportunity awaits in Cloverdale with this 7,600sqft rectangular lot, ideally suited for builders and investors. Capitalize on the existing 3-bed rancher, currently rented to reliable tenants at $2,300 per month, providing immediate income while you explore development options. Envision building a new three-level home, or with new SSMUH regulations, a duplex and a garden suite (Buyer to do own due diligence). Survey/Engineer's MBE Letter available to aid in your planning. This prime location in a high-demand area offers exceptional possibilities to maximize your investment in Cloverdale's real estate market. Please respect the tenant's privacy; do not disturb. Photos are not up to date and show property’s potential, not current condition.

Facts & features

Costs

Gross taxes (2024): $5,600

The property

Title: Freehold NonStrata
Storeys: 1
Basement: Crawl Space
Fireplaces: 1
Heating: Forced Air

Listed by Westmont Realty Inc.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.

The numbers

What this home might cost per month.

Home priceDown payment20% · $215,000Interest rate4.75%Amortization25 years

Estimated payment

$4,880/mo

Mortgage amount: $860,000
Down payment: $215,000

Principal & interest only, compounded semi-annually as Canadian fixed mortgages are. Excludes property tax, strata, and insurance. An estimate — not a pre-approval.

Talk real numbers

Interested?

Come see this home.

Book a private showing or ask us anything — the strata, the street, what it’s really like at rush hour.

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