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46420 First Avenue
Chilliwack Proper East, Chilliwack, BC
Details
Description
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!
Features
Site Influences
Location
Technical Information
| MLS® # | R3072173 |
| Property Type | House |
| Dwelling Type | House/Single Family |
| Home Style | Residential Detached |
| Kitchens | 1 |
| Year Built | 1973 |
| Parking | Additional Parking,Front Access,Side Access |
| Tax | $3,258 in 2025 |
| Strata No | NWP34929 |
Floor Area (sq. ft.)
| Main Floor | 1,400 |
| Above | 1,400 |
| Unfinished | 1,180 |
| Total | 1,400 |
Similar Houses For Sale in Chilliwack Proper East, Chilliwack
| Date | Address | Bed | Bath | Kitchen | Asking Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/05/2025 |
This Property |
5 | 2 | 1 | $1,379,800 | Login to View | 10 | 2 | 1973 | 1,400 sqft | 11,040 sqft |
| 07/23/2025 | 46811 Yale Road |
5 | 1 | 1 | $1,380,000 | Login to View | 145 | 2 | 1947 | 1,543 sqft | 9,235 sqft |
Recently Sold Houses In Chilliwack Proper East, Chilliwack
| Date | Address | Bed | Bath | Kitchen | Asking Price | Sold Price | $/Sqft | DOM | Levels | Built | Living Area | Lot Size |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11/23/2025 |
9 9420 Woodbine Street |
2 | 2 | 1 | Login to View | ( -1.7%) | Login to View | 95 | 1 | 1994 | 1,201 sqft | 2,850 sqft |
| 11/22/2025 |
46627 Portage Avenue |
5 | 2 | 1 | Login to View | ( -4.7%) | Login to View | 172 | 2 | 1992 | 1,972 sqft | 7,360 sqft |
| 11/12/2025 |
46626 Portage Avenue |
5 | 3 | 2 | Login to View | ( -2.1%) | Login to View | 64 | 2 | 2025 | 2,408 sqft | 4,352 sqft |
| 11/10/2025 |
46515 Portage Avenue |
4 | 3 | 1 | Login to View | ( -2.4%) | Login to View | 27 | 2 | 1949 | 2,326 sqft | 8,799 sqft |
| 11/02/2025 |
46598 Macken Avenue |
3 | 2 | 0 | Login to View | ( 0.0%) | Login to View | 39 | 2 | 1965 | 1,375 sqft | 5,762 sqft |
| 10/30/2025 |
46744 Auburn Place |
6 | 3 | 3 | Login to View | ( -5.3%) | Login to View | 42 | 2 | 1981 | 2,125 sqft | 6,882 sqft |
| 10/30/2025 |
9560 Carleton Street |
4 | 2 | 1 | Login to View | ( -2.1%) | Login to View | 108 | 2 | 1963 | 2,410 sqft | 9,582 sqft |
| 10/18/2025 |
8 46058 Bonny Avenue |
5 | 3 | 2 | Login to View | ( 5.3%) | Login to View | 68 | 2 | 2025 | 2,235 sqft | 3,875 sqft |
| 10/17/2025 |
2 46271 Riverside Drive |
3 | 2 | 1 | Login to View | ( -3.3%) | Login to View | 21 | 1 | 2006 | 1,710 sqft | 4,814 sqft |
| 10/14/2025 |
46272 Gore Avenue |
2 | 1 | 1 | Login to View | ( -6.7%) | Login to View | 42 | 1 | 1948 | 799 sqft | 7,318 sqft |
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouve and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.