8825 EDWARD STREET, Chilliwack
$519,000
This 4,792 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 or investors! This 3-bedroom, 2-bathroom home offers a functional layout and is situated on a no-through road in a family-friendly neighbourhood. Conveniently located close to schools, transit, the hospital, shopping, and recreation, with quick and easy access to the highway. A fantastic opportunity for families or anyone looking to enter the market. Court Ordered sale - Aug 27th in Vancouver. Accepted Offer price $460,000.
How this price compares
This lot asks $108 per square foot of lot. That is 20% above the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 132 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
- $519,000
- Lot size
- 4,792 sqft
- Lot dimensions
- 50 x
- Frontage
- 50 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1948
- MLS® area
- Chilliwack Proper West
- MLS® number
- R3137875
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Listing data via MLS®. Displayed for information only.