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!
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Ownership:
Freehold NonStrata
Year built:
1973
(Age: 52)
Living Area:
1,400 sq. ft.130 m2
Building Area - Total:
2,580 sq. ft.240 m2
Levels:
Two
Bedrooms:
5
(Above Grd: 5)
Bathrooms:
2.0
(Full:1/Half:1)
Taxes:
$3,257.7 /
2025
Lot Area:
11,040 sq. ft.1,026 m2
Lot Frontage:
80'24.4 m
Lot Details:
80 x
Outdoor Area:
Fenced, Garden
Plan:
NWP34929
Construction Materials:
Frame Wood, Mixed (Exterior)
Property Condition:
Renovation Partly
No. Floor Levels:
2.0
Other Structures:
Workshop Attached
Floor Area Fin - Above Main:
0 sq. ft.0 m2
Floor Area Fin - Above Main 2:
0 sq. ft.0 m2
Floor Area Fin - Main:
1,400 sq. ft.130 m2
Floor Area Fin - Total:
1,400 sq. ft.130 m2
Fireplaces:
2
Fireplace Details:
Other
Patio And Porch Features:
Patio
Parking Features:
Additional Parking, Front Access, Side Access
Parking:
Additional Parking
Parking Total/Covered:
6 / 1
Garden
Garden, Workshop Attached
Mountain
1
Dishwasher, Refrigerator
Washer/Dryer, Dishwasher, Refrigerator, Stove
Age Restrictions:
No
Tax Utilities Included:
false
Home Owners Association:
No
Land Lease:
No
Utilities:
Electricity Connected, Natural Gas Connected, Water Connected
Electricity:
Yes
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
View of front of property with a garage
View of apartment building / complex
View of front of home
View of apartment building / complex
View of yard
Unfurnished living room with wooden walls, an accent wall, and wood finished floors
Kitchen featuring light marble finish floors, dark countertops, stainless steel appliances, a peninsula, and a textured ceiling
Unfurnished dining area with light marble finish floors and a textured ceiling
Hall with baseboards and dark wood-type flooring
Spare room featuring dark wood-style flooring and a textured ceiling
Spare room featuring wood finished floors, a ceiling fan, and a textured ceiling
Spare room featuring a textured ceiling, wood finished floors, and a ceiling fan
Entrance foyer with light marble finish flooring and baseboards
Data was last updated December 6, 2025 at 11:40 AM (UTC)
Area Statistics
Listings on market:
101
Avg list price:
$749,900
Min list price:
$223,000
Max list price:
$1,380,000
Avg days on market:
71
Min days on market:
1
Max days on market:
326
Avg price per sq.ft.:
$421.63
These statistics are generated based on the current listing's property type
and located in
Chilliwack Proper East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.