45948 CHESTERFIELD AVENUE, Chilliwack
$749,900
This 6,732 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.
Fantastic CENTRAL location with exceptional future potential! Situated on a large 6,732 sq.ft. lot and designated R5 in the OCP, this property is a key development opportunity in one of the city's fastest-growing corridors. Surrounded by newer apartment and mixed-use developments, with condo projects actively transforming the area, this is an ideal holding property with strong long-term upside. The charming home offers rental income potential while future plans are explored and features a detached garage/workshop, lane access, mature trees, and a private yard. Conveniently located near shopping, restaurants, recreation, transit, and major commuter routes. An excellent opportunity to secure a strategic piece of land in a rapidly evolving neighbourhood.
How this price compares
This lot asks $111 per square foot of lot. That is 24% above the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 145 of 178 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
- $749,900
- Lot size
- 6,732 sqft
- Lot dimensions
- 52 x 132
- Frontage
- 52 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1932
- MLS® area
- Chilliwack Downtown
- MLS® number
- R3131671
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Listing data via MLS®. Displayed for information only.