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! (id:44056)

Property Details

Full Address:
46420 FIRST AVENUE, Chilliwack Proper East, Chilliwack, British Columbia
Price:
$ 1,379,800
MLS Number:
R3072173
List Date:
December 5th, 2025
Lot Size:
11040 sq.ft.
Year Built:
1973
Taxes:
$ 3,258
Listing Tax Year:
2025

Interior Features

Bedrooms:
5
Bathrooms:
2
Appliances:
Washer, Refrigerator, Dishwasher, Stove, Dryer
Heating:
Forced air, Natural gas
Fireplaces:
2
Basement:
Partially finished, Unknown

Building Features

Storeys:
2
Ownership Type:
Freehold
Taxes:
$ 3,258

Floors

Finished Area:
1400 sq.ft.

Land

View:
Mountain view
Lot Size:
11040 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Hamed Yayah
Royal LePage Global Force Realty

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