46420 First Avenue Chilliwack V2P 1W9
$1,379,800 Residential beds: 5 baths: 2.0 1,400 sq. ft. built: 1973
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3072173
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1973
- Photos (14)
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Developer Alert: Multi-Family Future Subdivision Potential! This property offers a flexible investment opportunity, currently serving as a rental, with the potential to acquire five additional properties beside it and transform the site into a 40-unit townhouse complex, or simply hold as land in a rapidly developing neighborhood. Located in Chilliwack Proper East, this rare high-yield investment features a large 11,040 sq ft lot with 80 ft of frontage. The 3-bedroom (with potential for 5 bedrooms), 2-bathroom home is currently generating $3,000/month in rental income, providing immediate cash flow along with significant development upside. Don’t miss out on this exceptional opportunity!
- Property Type:
- Residential
- Dwelling Type:
- Single Family Residence
- Home Style:
- Two Levels
- Ownership:
- Freehold NonStrata
- Manufactured Type:
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- Year built:
- 1973 (Age: 52)
- Living Area:
- 1,400 sq. ft.
- Floor Area - Unfinished:
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- Floor Area - Detached 2nd Residence:
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- Building Area - Total:
- 2,580 sq. ft.
- Levels:
- Two
- Rainscreen:
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- Bedrooms:
- 5 (Above Grd: 5)
- Bathrooms:
- 2.0 (Full:1/Half:1)
- Kitchens:
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- Rooms:
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- Taxes:
- $3,257.7 / 2025
- Lot Area:
- 11,040 sq. ft.
- Lot Frontage:
- 80'
- Lot Details:
- 80 x
- Exposure / Faces:
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- Rear Yard Exposure:
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- Outdoor Area:
- Fenced, Garden
- Pad Rental:
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- # or % of Rentals Allowed:
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- Water Supply:
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- Plan:
- NWP34929
- Construction Materials:
- Frame Wood, Mixed (Exterior)
- Foundation:
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- Basement:
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- Property Condition:
- Renovation Partly
- Full Height:
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- Crawl Height:
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- Roof:
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- No. Floor Levels:
- 2.0
- Other Structures:
- Workshop Attached
- Floor Finish:
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- Floor Area Fin - Above Grade:
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- Floor Area Fin - Above Main:
- 0 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 1,400 sq. ft.
- Floor Area Fin - Below Main:
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- Floor Area Fin - Below Grade:
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- Floor Area Fin - Basement:
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- Floor Area Fin - Total:
- 1,400 sq. ft.
- Heating:
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- Fireplaces:
- 2
- Fireplace Details:
- Other
- Patio And Porch Features:
- Patio
- Parking Features:
- Additional Parking, Front Access, Side Access
- Parking:
- Additional Parking
- # Of Parking Spaces - Total:
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- # Of Covered Spaces:
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- Parking Total/Covered:
- 6 / 1
- Flood Plain:
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- Suite:
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- Garden
- Garden, Workshop Attached
- Mountain
- 1
- Dishwasher, Refrigerator
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Floor
- Type
- Size
- Other
- Council Approval:
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- Income Per Annum:
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- Oper. Expenses:
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- Net Operating Income:
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- Age Restrictions:
- No
- Tax Utilities Included:
- false
- Dist to Public Trans:
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- Dist to School Bus:
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- Property Disclosure:
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- Fixtures Leased:
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- Fixtures Removed:
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- Home Owners Association:
- No
- Land Lease:
- No
- Zoning:
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- Access to property:
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- Utilities:
- Electricity Connected, Natural Gas Connected, Water Connected
- Telephone Service:
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- Electricity:
- Yes
- Fencing:
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- Sewer:
- Public Sewer, Sanitary Sewer, Storm Sewer
- Plumbing Details:
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- Sketch Attached:
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- Restrictions:
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View of front of property with a garage - View of apartment building / complex
- View of front of home
- View of apartment building / complex
- View of yard
- Unfurnished living room with wooden walls, an accent wall, and wood finished floors
- Kitchen featuring light marble finish floors, dark countertops, stainless steel appliances, a peninsula, and a textured ceiling
- Unfurnished dining area with light marble finish floors and a textured ceiling
- Hall with baseboards and dark wood-type flooring
- Spare room featuring dark wood-style flooring and a textured ceiling
- Spare room featuring wood finished floors, a ceiling fan, and a textured ceiling
- Spare room featuring a textured ceiling, wood finished floors, and a ceiling fan
- Entrance foyer with light marble finish flooring and baseboards
- View of apartment building / complex
Listed by Royal LePage Global Force Realty
Data was last updated December 6, 2025 at 02:40 AM (UTC)
Area Statistics
- Listings on market:
- 101
- Avg list price:
- $749,900
- Min list price:
- $223,000
- Max list price:
- $1,380,000
- Avg days on market:
- 73
- Min days on market:
- 2
- Max days on market:
- 325
- Avg price per sq.ft.:
- $418.5
These statistics are generated based on the current listing's property type and located in Chilliwack Proper East. Average values are derived using median calculations. This data is not produced by the MLS® system.
- McRae Real Estate Group
- Homelife Advantage Realty Ltd
- 1 (778) 888-6566
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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