46133 THIRD AVENUE, Chilliwack
$799,990
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.
Excellent opportunity to invest, build or subdivide in the heart of Chilliwack! This 5-bedroom home sits on a flat 7,788 sq.ft. lot with R1-C zoning allowing potential for two separate homes and features convenient back-lane access. Great holding property with strong rental income, currently tenanted. The property also includes a 15’ x 19’ shop and ample space for RV or boat parking. Located in a desirable central area close to parks, schools, shopping, and all amenities. Endless future development potential makes this a rare find for investors, builders, or owner-users. Don’t miss out on this prime opportunity!
How this price compares
This lot asks $103 per square foot of lot. That is 14% above the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 116 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
- $799,990
- Lot size
- 7,788 sqft
- Lot dimensions
- 66 x 118.50
- Frontage
- 66 ft
- Bedrooms
- 5
- Bathrooms
- 1
- Year built
- 1944
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3117675
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Listing data via MLS®. Displayed for information only.