46297 GORE AVENUE, Chilliwack
$570,000
This 8,842 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.
Prime large lot with lane access in the heart of Chilliwack. Excellent opportunity for investors, builders, or those looking for future redevelopment potential, blocks from District 1881. This 2-bedroom, 1-bath rancher sits on a 8,842 sq ft corner lot with convenient laneway access. Features include two spacious shops and ample parking, making it ideal for holding, renting, or planning your next project in an evolving area. RI-A zoning offers excellent future development potential. The existing home could be removed to build a new home with a coach house with lane access. Property may also have potential to be subdivided into two lots approximately 10m and 12m wide. In addition, the property may qualify for Small-Scale Multi-Unit Housing (SSMUH) allowing for 3-4 units without rezoning.
How this price compares
This lot asks $64 per square foot of lot. That is 28% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 39 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
- $570,000
- Lot size
- 8,842 sqft
- Lot dimensions
- 72.08 x 122.01
- Frontage
- 72.08 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1943
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3125636
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Listing data via MLS®. Displayed for information only.