46055 CLEVELAND AVENUE, Chilliwack
$749,000
This 7,788 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.
INVESTOR ALERT! Excellent opportunity to own a charming 2-bedroom, 1-bath bungalow on a spacious 7,788 sq.ft. corner lot in central Chilliwack. The home has been updated with new flooring, countertops, fresh paint and a new roof, offering a great property to hold while planning for the future. Enjoy a walkable location close to Central Elementary, District 1881, shops, restaurants, parks, recreation and easy transit access. With its large corner lot and proximity to Chilliwack's revitalized downtown core, this property offers excellent potential for investors and savvy buyers alike. A great opportunity to get into the Chilliwack market and take advantage of the area's continued growth
How this price compares
This lot asks $96 per square foot of lot. That is 9% above the median of $89 across the 179 active lots VanPlex is showing in Chilliwack, and puts it 105 of 179 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
- $749,000
- Lot size
- 7,788 sqft
- Lot dimensions
- 59 x
- Frontage
- 59 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1934
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3167806
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Listing data via MLS®. Displayed for information only.