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(778) 990-8703
Real Estate Company
46086 Riverside Dr, Chilliwack, BC V2P 3K9
- $1,149,000
- 3
- BA
- 3,291
- SqFt
- List Price
- $1,149,000
- Status
- ACTIVE
- MLS® #
- R3183640
- Days on Market
- 1
- Year Built
- 1953
- Subtype
- Single Family Residence
- Stories
- 2
- Total baths
- 3
- Half baths
- 1
- Living Area
- 3,291
- Area
- Chilliwack
- Community
- Chilliwack Proper East
Property Description
An exceptional development opportunity on an approximately 20,473 sq. property in an established Chilliwack neighbourhood. Currently zoned R1-A and designated Mixed Residential under OCP, the property offers potential for future multi-unit redevelopment. The existing 3,291 sq. ft. two-storey home features 4 bedrooms, 3 bathrooms, a basement and separate in-law suite accommodation, with multiple outbuildings. Sold "as is, where is". Potential rental income while exploring future redevelopment. R4/R4-A townhouse rezoning would be consistent with the OCP designation, subject to rezoning and City approvals. Preliminary density concepts suggest approximately 8 units, subject to due diligence and approval—strong nearby precedent.
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Additional Information
- Lot Size
- 20,473
- Amenities
- Near Shopping
- Site Influences
- Central Location, Golf, Recreation Nearby
- Levels
- Two
- Acres
- 0.47
- Region
- Chilliwack
- Title To Land
- Freehold NonStrata
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.