Developer Alert: Multi-Family Future Subdivision Potential! This property offers a flexible investment opportunity, currently serving as a rental, with the potential to acquire five additional properties beside it and transform the site into a 40-unit townhouse complex, or simply hold as land in a rapidly developing neighborhood. Located in Chilliwack Proper East, this rare high-yield investment features a large 11,040 sq ft lot with 80 ft of frontage. The 3-bedroom (with potential for 5 bedrooms), 2-bathroom home is currently generating $3,000/month in rental income, providing immediate cash flow along with significant development upside. Don’t miss out on this exceptional opportunity!
For sale
C$1,379,800
46420 1st Ave, Chilliwack, BC V2P 1W9
5beds
1,400sqft
Single Family Residence
Built in 1973
0.25 Acres Lot
$-- Zestimate®
C$986/sqft
C$-- HOA
What's special
- 5 days |
- 8 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 08:05am
Listed by:
Hamed Yayah - PREC,
Royal LePage Global Force Realty Brokerage
Source: Greater Vancouver REALTORS®,MLS®#: R3072173
Originating MLS®#: Chilliwack
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Included: Washer/Dryer, Dishwasher, Refrigerator
Features
- Basement: Partially Finished
- Number of fireplaces: 2
- Fireplace features: Other
Interior area
- Total structure area: 2,580
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 6
- Parking features: Additional Parking, Front Access, Side Access
- Has garage: Yes
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Garden
- Has view: Yes
- View description: Mountain
- Frontage length: 80
Lot
- Size: 0.25 Acres
- Dimensions: 80 x
- Features: Central Location
Details
- Additional structures: Workshop
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1973
Community & HOA
HOA
- Has HOA: No
Location
- Region: Chilliwack
Financial & listing details
- Price per square foot: C$986/sqft
- Annual tax amount: C$3,257
- Date on market: 12/5/2025
- Ownership: Freehold NonStrata
Hamed Yayah - PREC
(604) 716-6450
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Chilliwack Proper
Nearby schools
GreatSchools rating
- 4/10Sumas Elementary SchoolGrades: PK-5Distance: 18.9 mi
- 6/10Nooksack Valley High SchoolGrades: 7-12Distance: 21.9 mi
- NANooksack ReengagementGrades: 11-12Distance: 21.9 mi
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