46688 PORTAGE AVENUE, Chilliwack
$549,980
This 7,492 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.
Great opportunity for first-time buyers, investors, or renovators! This 2 bed, 1 bath rancher sits on a flat lot in a convenient Chilliwack location and is ready for your ideas. The functional layout features bright living spaces, an enclosed sunroom, and plenty of potential to add value through cosmetic updates. Outside offers a long driveway with ample parking, a large powered detached garage/workshop with rear lane access, additional storage, and a spacious backyard. Close to Little Mountain Elementary, parks, shopping, recreation, and easy highway access. A solid home with endless possibilities in an established neighbourhood.
How this price compares
This lot asks $73 per square foot of lot. That is 18% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 51 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
- $549,980
- Lot size
- 7,492 sqft
- Lot dimensions
- 56.55 x 129.34
- Frontage
- 56.55 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1955
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3152875
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Listing data via MLS®. Displayed for information only.