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9756 SIDNEY STREET, Chilliwack

$688,000

This 12,807 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 builders, investors, and developers! This rarely available, centrally located property is situated on a large 80' x 160' lot (12,807 SF), offering exceptional redevelopment potential. Explore the possibility of subdividing into two separate lots or developing side-by-side fourplexes (subject to municipal approval; buyers to verify with City Hall). Opportunities of this size and location are rare!!! Vacant property. Please do not walk on the property or access the site without a confirmed appointment.

How this price compares

This lot asks $54 per square foot of lot. That is 40% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 33 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
$688,000
Lot size
12,807 sqft
Lot dimensions
80 x 160
Frontage
80 ft
Bedrooms
3
Bathrooms
1
Year built
1948
MLS® area
Chilliwack Proper West
MLS® number
R3138110

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Listing data via MLS®. Displayed for information only.