Development Land

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46915 YALE Road
Little Mountain Chilliwack V2P 2S6

$3,999,000
Land Commercial, Multi-Family Commercial

Main Photo: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 1: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 2: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 3: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 4: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 5: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 6: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 7: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 8: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 9: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 10: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 11: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 12: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 13: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 14: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Photo 15: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8047931
Bus Major:
Other/See Remarks
Build. Type:
Freestanding
DEVELOPERS ALERT, 5-STOREY MARKET CONDO PROJECT for SALE, DP READY to launch presale for 36 units new condo development in heart of City of Chilliwack. OCP: Residential 3, Lot Size: 44,431sf with Buildable 54,777.98sf, stunning & panoramic MOUNTAINVIEWS with glaciers. The current property includes one 2-storey 4-bedroom house and a Multi-family / Motel contains 2 bachelor suites and nine 1-bedroom suites. Lots of renovations done like new roof, windows, flooring, paint, bathroom repairs. Adjacent to Convenience market, geotechnical report available through due diligence. Central location, close to transits and shopping, 5 minutes drive to DT Chilliwack, 10 minutes walk to Portage Park, great opportunity for developers and investors... School catchment: Little Mountain Elementary and Chilliwack Middle. Do not walk through property, do not bother occupants! Call now to inquire future new development!
Sale Type:
Asset or Share
Major Bus Type:
Other/See Remarks
Construction:
Wood Frame, See Remarks
Building Type:
Freestanding, Multiple Tenant/Multi-Plex (5+), See Realtor Remarks
Name of Complex/Subdivision:
# Bldgs:
2
# Units:
12
# Other Units:
# of Appartments:
11
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
2
# of 4+ Bedroom Appartments:
1
# of 1 Bedroom Appartments:
9
# of 2 Bedroom Appartments:
0
# of 3 Bedroom Appartments:
0
# Storeys:
2.0
Year built:
1953 (Age: 69)
Lot Area:
1.02 acre(s)
Acres Freehold:
1.02 acre(s)
Land Use/Zoning:
CS2
Permitted Use:
Multifamily (5+), Residential
Taxes:
$7,591.22 / 2022
Laundry Facility
Services Connected:
Electricity, Garbage Collection, Lane Paved
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
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  • Photo 15: 46915 YALE Road in Chilliwack: Little Mountain Land Commercial for sale in "Willow Court" : MLS®# C8047931
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Listed by Nu Stream Realty Inc.
Data was last updated December 4, 2022 at 12:10 PM (UTC)
Bruce Long CCIM, FRI, PREC
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