DEVELOPMENT POTENTIAL IN CEDAR VALLEY! Sitting on 0.89 acres in Mission’s Cedar Valley Local Area Plan, this property offers an exciting opportunity for investors, developers, or buyers looking to secure a substantial piece of land for the future. Zoned S20, the property allows for a range of residential uses, including single-family, duplex, triplex, fourplex and infill townhouse uses, subject to servicing and City requirements. In the meantime, the property includes an existing 4-bedroom, 2.5-bath home, offering potential rental income while you explore your options. The home features generous living space with a living room, rec room and additional flex area. A unique opportunity to hold, rent, renovate or investigate future development potential in a growing area of Mission
Address
32492 Cherry Avenue
List Price
$899,999
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow w/Bsmt.
Structure Type
Residential Detached
Transaction Type
Sale
Area
Mission
Sub-Area
Mission BC
Bedrooms
3
Bathrooms
3
Half Bathrooms
1
Floor Area
2,283 Sq. Ft.
Main Floor Area
1154
Lot Size
38768.4 Sq. Ft.
Lot Size Dimensions
78 x
Lot Size (Acres)
0.89 Ac.
Lot Features
Private
Lot Size Units
Square Feet
Total Building Area
2283
Frontage Length
78
Year Built
1991
MLS® Number
R3155979
Listing Brokerage
RE/MAX Magnolia
Basement Area
Finished
Postal Code
V2V 2T6
Zoning
S20
Ownership
Freehold NonStrata
Parking
Garage Double, Front Access
Parking Places (Total)
4
Tax Amount
$8,052.94
Tax Year
2026
Site Influences
Private, Private Yard
Exterior Features
Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas
Garage
Yes
Garage Spaces
2
Laundry Features
In Unit
Number Of Floors In Property
2
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