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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$1,888,000

Est. payment - /mo

5 Beds

3 Baths

3,072 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3072

Square Footage 3,072 sqft

Price per Sqft $614

MLS® Listing ID R3152943

Bedrooms 5

Year Built 1985

Lot Size 4.270 Acres

Acres 186000.0

Property Sub-Type Freehold

Property Description

An exceptional opportunity to hold as an investment or pursue future development. The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project. Whether you're looking for a strong revenue-producing property, a long-term investment, or a prime development opportunity, this unique offering checks all the boxes. * PREC - Personal Real Estate Corporation (id:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Basement 8 ft , 7 in X 9 ft , 4 in Foyer

Extra Room 2 Basement 26 ft , 1 in X 19 ft , 10 in Living room

Extra Room 3 Basement 11 ft , 1 in X 8 ft , 5 in Kitchen

Extra Room 4 Basement 113 ft , 6 in X 11 ft , 8 in Bedroom 4

Extra Room 5 Basement 11 ft , 1 in X 11 ft Bedroom 5

Extra Room 6 Basement 5 ft , 7 in X 5 ft , 10 in Laundry room

Interior

Heating Baseboard heaters,

Fireplaces Number 2

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

View Y/N Yes

View Valley view

Attached Garage No

Garage Yes

Private Pool No

Building

Story 2

Others

Ownership Freehold

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Listed by Advantage Property Management

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

47005 YALE ROAD|Little Mountain Chilliwack, BC V2P2S6