Chilliwack, BC V2P 1W9,46420 First AVE
Chilliwack, BC V2P 1W9,46420 First AVE
Chilliwack, BC V2P 1W9,46420 First AVE
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$1,379,800
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5 Beds
2 Baths
1,400 SqFt
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46420 First AVE Chilliwack, BC V2P 1W9

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $985

MLS Listing ID R3072173

Bedrooms 5

Full Baths 1

HOA Y/N No

Year Built 1973

Lot Size 10,890 Sqft

Property Sub-Type Single Family Residence

Property Description

Developer Alert: Multi-Family Future Subdivision Potential! This property offers a flexible investment opportunity, currently serving as a rental, with the potential to acquire five additional properties beside it and transform the site into a 40-unit townhouse complex, or simply hold as land in a rapidly developing neighborhood. Located in Chilliwack Proper East, this rare high-yield investment features a large 11,040 sq ft lot with 80 ft of frontage. The 3-bedroom (with potential for 5 bedrooms), 2-bathroom home is currently generating $3,000/month in rental income, providing immediate cash flow along with significant development upside. Don't miss out on this exceptional opportunity!

Location

Province BC

Community Chilliwack Proper East

Area Chilliwack

Zoning R1A

Rooms

Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom, Bedroom, Kitchen, Living Room, Bedroom, Bedroom, Den, Laundry

Kitchen 1

Interior

Heating Forced Air, Natural Gas

Flooring Laminate, Other, Tile

Fireplaces Number 2

Fireplaces Type Other

Appliance Washer/Dryer, Dishwasher, Refrigerator, Stove

Exterior

Exterior Feature Garden

Fence Fenced

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N Yes

View Mountain

Roof Type Torch-On

Porch Patio

Total Parking Spaces 6

Garage true

Building

Lot Description Central Location

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water Public

Others

Ownership Freehold NonStrata


REBGV/FVREB/Chilliwack/BC Northern (Residential VOW)

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Sherry Heitzer

Sherry Heitzer

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+1(403) 925-4663

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46420 First AVE

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