48000 Yale Road, Chilliwack | MLS: C8078879

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48000 Yale Road
East Chilliwack Chilliwack V4Z 0A8

$3,288,880
Multi-Family Commercial

Two-story building featuring white horizontal siding, a light brown awning, and brick detailing on the lower level
Photo 1: 48000 Yale Road, Chilliwack | MLS: C8078879
Photo 2: 48000 Yale Road, Chilliwack | MLS: C8078879
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8078879
Build. Type:
Low Rise (2-4 storeys)
Prime East Chilliwack opportunity! Situated on a massive 0.85-acre lot, this 1968-built multi-family commercial asset presents a rare value-add investment. Currently operating as a low-rise multi-tenant multiplex, this property offers incredible redevelopment potential or immediate cash flow with historically strong rental demand. Conveniently located near the heart of Chilliwack. Whether you're looking to maintain a steady revenue stream or reimagine a multi-family haven, this property is primed for your long-term vision.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Concrete, Frame Wood, Frame Steel
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
# Units Total:
29
# Other Units:
1
# of Apartments:
29
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
1
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
25
# of 2 Bedroom Apartments:
2
# of 3 Bedroom Apartments:
0
Year built:
1968 (Age: 58)
Living Area:
13,588 sq. ft.
Subject Property Width:
544'
Other Size:
7,300 sq. ft.
Lot Area:
37,026 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
006531806
Taxes:
$13,371.66 / 2025
Laundry Facility
No
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 48000 Yale Road, Chilliwack | MLS: C8078879
    Two-story building featuring white horizontal siding, a light brown awning, and brick detailing on the lower level
  • Photo 2: 48000 Yale Road, Chilliwack | MLS: C8078879
    Two-story commercial building featuring multiple units, exterior wood staircases, covered balconies, and a prominent storefront awning
Listed by Royal LePage Brent Roberts Realty
Data was last updated June 18, 2026 at 01:35 AM (UTC)
Rod Friesen & Associates
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