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9533 BROADWAY STREET, Chilliwack

$738,800

This 15,891 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.

With a 15,891 square foot lot (0.36 acre), this property offers huge development potential with a variety of options. Ideally located within the new OCP's MXR (Mixed Residential) zoning, designated for townhomes. The 68' x 239' property is also subdividable. A great holding property and an excellent opportunity for investors, builders, or end users who value the future upside. The 4 bedroom Rancher w/ full basement has been updated throughout the years including windows, flooring, and central a/c. A large private backyard and ample parking for all your vehicles and toys, plus a detached double garage. Centrally located and close to all amenities.

How this price compares

This lot asks $46 per square foot of lot. That is 48% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 29 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
$738,800
Lot size
15,891 sqft
Lot dimensions
68 x 239
Frontage
68 ft
Bedrooms
4
Bathrooms
1
Year built
1948
MLS® area
Chilliwack Proper East
MLS® number
R3128768

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Listing data via MLS®. Displayed for information only.