5662 VEDDER ROAD Pending

Chilliwack,BC V2R 3N2

$ 6499900

- Bed

- Bath

14402 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 14,402 sqft

Price per Sqft $451

Subdivision Vedder Crossing

MLS Listing ID C8059877

Year Built 1987

Annual Tax Amount $27,219

Tax Year 2023

Property Description

Welcome to Pine Court a 36 unit rental complex on nearly an acre in the heart of Vedder Crossing in Chilliwack BC. This property offers a savvy investor an opportunity to own one of the most desirable pieces of Real Estate in Chilliwack, while getting an excellent income. The Official Community Plan designates this area as Commercial General and encourages mixed use buildings up to six stories and 250 dwelling units of density, making a potential yield of 92 units. All zoning and density should be confirmed with the City of Chilliwack. Reach out to lukas@lukasmatheson.com for a full information package.

Location

Province BC

Community Vedder Crossing

Area Sardis

Building/Complex Name Pine Court

Zoning British Columbia Default Zone

Region Chilliwack

City Region Chilliwack

Exterior

Roof Type Asphalt Shingles

Building

Dwelling Type Multi-Family Commercial

Story 2

Water Municipal

Structure Type Wood Frame

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