46811 YALE Road: Land Commercial for sale in Chilliwack: MLS®# C8039093

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46811 YALE Road
Chilliwack E Young-Yale Chilliwack V2P 2S5

$2,150,000
Land Commercial

Main Photo: 46811 YALE Road: Land Commercial for sale in Chilliwack: MLS®# C8039093
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8039093
This offering is an opportunity to acquire a 3rd Reading condo site in Chilliwack just minutes from downtown. The current development application is anticipated to receive 3rd Reading early summer and consists of 26 condos, however there is potential to increase the unit count to 39 should the buyer wish to pursue it. The project is adjacent to Little Mountain Elementary School, walking distance to multiple parks and only a short drive to the vast amenities of downtown Chilliwack. The two parcel assembly includes one tenanted home and one vacant home. 46801 and 46811 Yale Road must be purchased together. Measurements and home details vary between the properties and are to be verified by the buyer/buyer's agent. See attached brochure and contact listing agent for access to the data room of additional information.
Sale Type:
Asset
Property Type:
Land Commercial
Construction:
Wood Frame
Year built:
1947 (Age: 74)
Total Floor Area:
960 sq. ft.
Land Use/Zoning:
R1A
Taxes:
$4,833.93 / 2020
Services Connected:
Electricity, Natural Gas, City Water
Water Supply:
Municipal
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
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Listed by Frontline Real Estate Services Ltd.
Data was last updated September 24, 2021 at 05:10 PM (UTC)
Rod Friesen & Associates
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