45949 ROWAT AVENUE, Chilliwack
$599,000
This 8,712 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.
OUTSTANDING INVESTMENT POTENTIAL in this 4-bedroom, 2-bathroom house on Industrial (CSM Zoned) lot near main Young Rd artery. Potential for future commercial use including Automotive. The house and the North (garage) portion of the property are leased out separately, providing for reliable income opportunity.
How this price compares
This lot asks $69 per square foot of lot. That is 24% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 43 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
- $599,000
- Lot size
- 8,712 sqft
- Lot dimensions
- 52 x irreg
- Frontage
- 52 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- Chilliwack Proper South
- MLS® number
- R3142199
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Listing data via MLS®. Displayed for information only.