46194 MARGARET AVENUE, Chilliwack
$769,000
This 9,254 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.
Located in heart of downtown Chilliwack making it an excellent investment property now and in future. Great yard area with ample parking. Central to so many amenities. 4 -6 townhomes or 6 - storey condo building. Area in development as per city's new vision. Check with city for more options. Corner lot with a back alley. Tenanted property through property management ($2678/month).
How this price compares
This lot asks $83 per square foot of lot. That is 7% below the median of $89 across the 175 active lots VanPlex is showing in Chilliwack, and puts it 74 of 175 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
- $769,000
- Lot size
- 9,254 sqft
- Lot dimensions
- 86 x 107
- Frontage
- 86 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1941
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3172879
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Listing data via MLS®. Displayed for information only.