Welcome to this perfectly situated property on a generous 7,250 sqft lot (60×120) with rear lane access, presenting an incredible development opportunity. This versatile lot is your blank canvas with the new City of Surrey zoning allowing for a fourplex, triplex, or duplex with coach homes or basement suites. The existing home is a delight, featuring 3 bedrooms upstairs and a spacious bedroom/rec room downstairs. Additionally, a 1-bedroom rental suite provides immediate rental income. Suite can easily be converted to 2 bedrooms if needed. This centrally located property offers unbeatable convenience within walking distance to elementary school and high school and close proximity to shopping, parks, and major routes. Live comfortably now or kickstart your development plans right away!