Rocket Web Labs Inc. Wix MLS IDX Real Estate

4703 Cumberland Rd

MLS® 896779

Property Description

Rare opportunity to acquire a 1.04 acre parcel of development land within a 5 minute walk of downtown Cumberland. High exposure site on primary access road into village. Designated for townhouse use in the Official Community Plan. 800m from schools, parks, restaurants and grocery stores. R-1A zoning allows short-term rentals in multiple dwellings on the property; 1 single family house, 1 secondary suite and 1 accessory dwelling unit. Potential to subdivide parcel into 3,500 sqft lots and hold remaining land for future development. Improved with recently renovated, live in ready 4 bedroom house with 2 car garage. Unique inflation-hedge investment asset benefitting from the continued growth of Cumberland.

Full Address

4703 Cumberland Rd, Cumberland BC V0R 1S0

MLS® Number

896779

Listing Price

$1,248,000

Property Type

Single Family Detached

Year Built

1935

Living Area

1,146 SqFt

Bedrooms

4

Total Bathrooms

1

Tax Year

2021

Annual Tax Amount

$3,761.03

Interior Features

Lot Features

Acreage, Central Location, Recreation Nearby, Rectangular Lot

Exterior Features

Balcony/Deck

Total Fireplaces

0

Water Source

Municipal

Gas

Heating

Forced Air, Natural Gas

Cooling

None

Sewer

Sewer To Lot

Style of Home

Layout

Basement

Not Full Height, Walk-Out Access

Subdivision

Elementary School

Middle School

High School

Directions

Property Location

Listing by RE/MAX Ocean Pacific Realty (Crtny)

Listing information last updated: Fri Mar 25 2022 09:24:26 GMT+0000 (Coordinated Universal Time)

Rocket Web Labs Inc. Wix MLS IDX Real Estate

Let's Talk

Jenny Bruce Personal Real Estate Corporation

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Rocket Web Labs Inc. Wix MLS IDX Real Estate

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