9430 YOUNG ROAD, Chilliwack
$499,900
This 6,072 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.
Investor alert. Entry-level price, high-upside location. Prime Downtown Chilliwack—directly across from Central Elementary and steps to District 1881, shops, and transit. This is the epicenter of growth. 6,250 sq. ft. lot with a solid tenant in place generating $1,100/month. Hold for cash flow or explore development potential under the Small-Scale Housing Initiative (verify with City). Opportunities at this price point are rare. Cheapest land in town with real upside. Minimal downside. Clear path to value. Action takers in TODAYS market, will be the money makers. Call today.
How this price compares
This lot asks $82 per square foot of lot. That is 8% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 71 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
- $499,900
- Lot size
- 6,072 sqft
- Lot dimensions
- 68 x
- Frontage
- 68 ft
- Bedrooms
- 1
- Bathrooms
- 1
- Year built
- 1933
- MLS® area
- Chilliwack Proper East
- MLS® number
- R3122687
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.