45695 LAURA CRESCENT, Chilliwack

$799,900

This 12,632 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.

DEVELOPMENT POTENTIAL IN SARDIS! Impressive 12,632 sqft lot near desirable Garrison Crossing, offering exciting possibilities for investors, builders or future development. The 1,216 sqft RANCHER features 2 bdrms, updated kitchen & main bath, 2 piece ensuite, and spacious living room with a cozy gas fireplace. An ELEVATOR provides access to the 1195 sqft unfinished basement, already plumbed for a bathroom - ideal for future living space, workshop, storage or suite potential. Single garage plus a HUGE lot with abundant space and significant development potential. A rare opportunity to enjoy today while exploring the possibilities for tomorrow!

How this price compares

This lot asks $63 per square foot of lot. That is 28% below the median of $89 across the 165 active lots VanPlex is showing in Chilliwack, and puts it 35 of 165 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
$799,900
Lot size
12,632 sqft
Lot dimensions
81.9 x
Frontage
81.9 ft
Bedrooms
2
Bathrooms
2
Year built
1968
MLS® area
Vedder Crossing
MLS® number
R3163029

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Listing data via MLS®. Displayed for information only.