46021 KNIGHT ROAD, Chilliwack
$699,000
This 20,849 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.
This rare land assembly includes two neighbouring properties in a prime location. One features a ½-acre lot with a 1,500 sq. ft. 3-bedroom, 1-bath home currently generating $1,600/month with reliable tenants in place. The adjacent ¼-acre vacant lot adds excellent development potential. Under current provincial infill regulations, the combined properties may allow for 5–6 lots, or the option to build two homes on large lots. Located directly across from Canex Building Supplies and close to shopping, restaurants, schools, and Highway 1, the area is ideal for homeowners, investors, or a home-based construction business. Build now, hold as an investment, or explore redevelopment potential in one of Sardis’ most desirable communities.
How this price compares
This lot asks $34 per square foot of lot. That is 63% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 19 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
- $699,000
- Lot size
- 20,849 sqft
- Lot dimensions
- 80 x 265.00
- Frontage
- 80 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1912
- MLS® area
- Sardis East Vedder
- MLS® number
- R3104816
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Listing data via MLS®. Displayed for information only.