46063 CLEVELAND AVENUE, Chilliwack
$785,000
This 7,788 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.
Builder Alert! Prime development opportunity! This value property holds exciting potential within the LRR OCP, which allows for future residential development. Featuring a generous 66x118 lot offering excellent flexibility for redevelopment. Little to no value in current home “sold as is where is”. Located in a rapidly transforming neighborhood, just minutes from all levels of schools, shopping and the vibrant District 1881. This is your chance to secure property in a growing area. Please check with the City of Chilliwack to confirm development possibilities.
How this price compares
This lot asks $101 per square foot of lot. That is 12% above the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 105 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
- $785,000
- Lot size
- 7,788 sqft
- Lot dimensions
- 66 x 118
- Frontage
- 66 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1938
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3089467
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Listing data via MLS®. Displayed for information only.