+3 more
$499,900
45871 Rowat Avenue, Chilliwack, V2P 1J2
Listed by: Pathway Executives Realty Inc (Yale Rd) · MLS®
$499,900
Listed by: Pathway Executives Realty Inc (Yale Rd) · MLS®
RARE M1 ZONED INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. Buy, hold, lease, develop, or build—this is a unique opportunity to secure a strategically located M1-zoned property with exceptional long-term potential.
MLS® #
R3169350
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Bedrooms
3
Full Baths
2
Half Baths
0
Fireplaces
0
Living Area
1,673 sqft
Main Floor
1,290 sqft
Lot Size
4,219 sqft
Lot Dimensions
51 x 91
Frontage
51
Age
999 years
Structure
Residential Detached
Parking Stalls
2
Garage Spaces
1
Parking Type
Garage Single
Taxes
$3,078.95/yr
MLS® Area
Chilliwack Proper South
City
Chilliwack
Postal Code
V2P 1J2
Heating
Forced Air · Oil
Appliances
Refrigerator · Stove
Exterior Features
No Outdoor Area
Coordinates: 49.162265, -121.954999 · Map data © Google
Watch this home
Get an email when the price changes, it sells, or it goes off the market. Sign in or create a free account.
Multiplex potential: on a ~392 m² lot, BC’s small-scale housing law requires the municipality to allow at least 4 units (up to 6 near frequent transit), where it applies.
Screening estimate from provincial regulations (TOA station points, B.C. Reg. 263/2023 & 265/2023; small-scale multi-unit housing rules). Distances are straight-line; actual TOA maps are set by municipal bylaw and some parcels (heritage, ALR, exempt areas) are excluded. Confirm with the municipality before relying on it.
Not in the Agricultural Land Reserve.
The listing’s flood plain disclosure is available to registered users. Create a free account
ALR from the Agricultural Land Commission via DataBC (point check at the listing’s mapped location). Flood plain is the listing brokerage’s disclosure. Confirm both with the municipality and your lawyer.
Building permit history is currently available for City of Vancouver properties only.
