45596 LEWIS AVENUE, Chilliwack

$699,000

This 7,750 sqft property in Chilliwack is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.

Great investment/renovation OPPORTUNITY! This home has 6 beds, 2 kitchens and 2 full baths on a large 7750 SQ FT LOT (APPROX 77.50 ft x 100 ft). 3 beds up w/cozy living room, kitchen & dining room. Large covered sundeck and huge backyard! Downstairs is a large, fully self-contained IN-LAW SUITE which includes a huge 30x11 ft living/dining room, kitchen and 3 rooms!! Check w/City of Chilliwack for multiple development options to take advantage of the wide 77 ft frontage! Beautiful large fully fenced backyard w/DETACHED 13x23 FT SHOP! RV parking as well. Close to District 1881, transit, all levels of schools. No open house. IMMEDIATE POSSESSION AVAILABLE! READY FOR THE NEXT LUCKY BUYER! Buyer to verify ages and measurements. In-law suite is unauthorized accommodation.

How this price compares

This lot asks $90 per square foot of lot. That is about the same as the median of $90 across the 169 active lots VanPlex is showing in Chilliwack, and puts it 88 of 169 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$699,000
Lot size
7,750 sqft
Lot dimensions
77.5 x 100
Frontage
77.5 ft
Bedrooms
6
Bathrooms
2
Year built
1967
MLS® area
Chilliwack Proper West
MLS® number
R3159071

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only.