46512 BRICE ROAD, Chilliwack

$749,000

This 7,362 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.

Spacious Fairfield Island Home with In-law Suite & Subdivision Potential!! This updated 4 bed, 2 bath home offers incredible flexibility with 2 kitchens and 2 laundries, making it ideal for multi-generational living or rental income. Located on a large lot with potential to subdivide into 2 lots—Preliminary Layout Approval (PLA) was granted in April 2022 and may be renewable through the City of Chilliwack (buyer to verify). Enjoy a generous backyard featuring a playground area, insulated storage shed, and additional storage space behind the home. The roof was replaced in 2014, and the home has seen tasteful updates throughout. Whether you're looking for a family home, investment property, or future development opportunity, this one checks all the boxes!

How this price compares

This lot asks $102 per square foot of lot. That is 14% above the median of $90 across the 169 active lots VanPlex is showing in Chilliwack, and puts it 107 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
$749,000
Lot size
7,362 sqft
Lot dimensions
70 x
Frontage
70 ft
Bedrooms
4
Bathrooms
2
Year built
1970
MLS® area
Fairfield Island
MLS® number
R3161663

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Listing data via MLS®. Displayed for information only.