8585 BROADWAY STREET, Chilliwack
$900,000
This 8,084 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.
**ATTENTION INVESTORS, DEVELOPERS, and **CO-PURCHASERS** This unique 8084 sqft. centrally located property offers a 2-bedroom 1-bath rancher with hot water on demand, many updates, well maintained 15 yr roof, newly painted interior, plus a detached double garage with a studio-style carriage home in-law suite ideal for second home for investment partner with kitchen/bath down and large studio bdrm/living space up with fantastic mountain views. Private lot with mature 8' hedging, fully fenced backyard, room for kids, pets, and ample parking plus a veggie/flower garden. Numerous updates have been completed in both the main home and the fully renovated in-law suite. OCP designation MXR offering development potential. Invest today and hold for tomorrow's opportunities!
How this price compares
This lot asks $111 per square foot of lot. That is 24% above the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 144 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
- $900,000
- Lot size
- 8,084 sqft
- Lot dimensions
- 74.8 x
- Frontage
- 74.8 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1958
- MLS® area
- Chilliwack Proper South
- MLS® number
- R3137411
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Listing data via MLS®. Displayed for information only.