47005 Yale Rd, Chilliwack, BC V2P 2S6
- $1,888,000
- 5
- BD
- 3
- BA
- 3,072
- SqFt
- List Price
- $1,888,000
- Status
- ACTIVE
- MLS® #
- R3152943
- Year Built
- 1985
- Subtype
- Single Family Residence
- Style
- Bungalow
- Stories
- 2
- Bedrooms
- 5
- Total baths
- 3
- Living Area
- 3,072
- Area
- Chilliwack
- Community
- Little Mountain
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.
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Additional Information
- Lot Size
- 186,000
- Amenities
- Near Shopping
- Site Influences
- Golf, Private, Recreation Nearby, Wooded
- Acres
- 4.27
- Fireplaces
- 2
- 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.