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$3,995,000
Est. payment /mo
12,769 SqFt
UPDATED:
10/07/2024 05:22 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,769 sqft
Price per Sqft $312
Subdivision Chilliwack Proper South
MLS Listing ID C8063396
Year Built 1982
Annual Tax Amount $16,669
Tax Year 2024
Property Description
Avison Young is pleased to market for sale 45665 McIntosh Drive, (the "Property") located in Chilliwack BC. This 33,205 square foot property sits just off of the main arterial, Yale Road, while maintaining proximity and ease of access to Downtown Chilliwack and the Trans-Canada Highway. The Property is currently improved with a 23-room independent living facility, plus one on-site caretaker unit, producing a high-yield return of 5.96%. The Property can be developed under the existing zoning up to 155 residential units per hectare or up to 225 units per hectare if the development includes small unit apartments to a maximum of 549 square feet. This corresponds to approximately 48 to 69 residential units.
Location
Province BC
Community Chilliwack Proper South
Area Chilliwack
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Building
Dwelling Type Land Commercial,Multi-Family Commercial
Story 2
Water Municipal
Structure Type Wood Frame
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Listed by Avison Young Commercial Real Estate Services, LP