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In-PersonVirtual Tour
$ 1,888,000
Est. payment | /mo
3,072 SqFt
$ 1,888,000
Est. payment | /mo
3,072 SqFt
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
Square Footage 3,072 sqft
Price per Sqft $614
MLS Listing ID C8080997
Year Built 1985
Lot Size 4.270 Acres
Property Description
An exceptional opportunity to hold as an investment or pursue future development. The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project. Whether you're looking for a strong revenue-producing property, a long-term investment, or a prime development opportunity, this unique offering checks all the boxes.
Location
Province BC
Community Little Mountain
Area Chilliwack
Zoning R1A
Interior
Heating Baseboard, Electric
Cooling Electric
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Torch On
Total Parking Spaces 4
Building
Story 2
Sewer Septic Tank
Water Public
Others
Ownership Freehold
Nearby Locations
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