About This Property

Investor Alert – Now Priced Sharp. Prime Downtown Chilliwack location directly across from Central Elementary and just steps to District 1881, shopping, dining, and transit. Set on a 5600 sq. ft. lot with a solid tenant in place paying $1,450/month, this is an excellent holding property with future upside. Explore the potential under the Small-Scale Housing Initiative (buyer to verify with the City). One of the best land-value opportunities currently available in the area. In today's market, the buyers who recognize value early are the ones who come out ahead. Call today.

Property Details

MLS® #

R3149064

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Bedrooms

Full Baths

Half Baths

Living Area

943 sqft

Main Floor

943 sqft

Basement

Yes

Lot Size

5,619 sqft

Lot Dimensions

50 x 112

Frontage

Age

999 years

Structure

Residential Detached

Parking Stalls

Carport

1 spaces

Parking Type

Carport Single, Front Access

Taxes

$2,919.65/yr

MLS® Area

Chilliwack Proper West

City

Chilliwack

Postal Code

V2P 3Y2

Draft CPS Offer

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Redevelopment Potential

Multiplex potential: on a ~522 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.

Land & Flood Check

Not in the Agricultural Land Reserve.

The listing’s flood plain disclosure is available to registered users. Create a free account or sign in.

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.