8742 Brdway St, Chilliwack BC V2P 5V6, Chilliwack, BC

$1,399,000
Est. Mortgage /mo

MLS® R2965075

$1,399,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 19166 Square Feet
3584 sqft
1980 built
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Property details

Prime Multi-family development site. This is an exceptional investment for seasoned developers, builders, and investors seeking a strategically positioned multi-family development site. Designated Residential Medium Density (RM) under the OCP, this site offers multiple high-value development pathways: Option 1: Subdivide and develop nine premium townhome units, maximizing density and market appeal. Option 2: Create two duplexes, each with two laneway homes, catering to the growing demand for versatile urban living. This is a rare opportunity to capitalize on a thriving market with strong growth potential. Secure this site today and unlock its full development value.

Location Details

Area Canada
State British Columbia
City Chilliwack
Postal Code V2P 5V6

Property Metrics

Total Bedrooms 5
Full Baths 3
Stories 2
Floor Area Total (Sq.ft) 3584

Financial Details

List Price 1,399,000
Gross taxes 4,394
Gross Taxes Year 2,024
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Listed by: eXp Realty, Denise Lo & Renanza Realty Inc., Allen Ko

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary
Highroad Academy
Above Average
0.23 km
Rating 7/10
Elementary, Secondary
Highroad Academy
Above Average
0.23 km
Rating 7/10

Closest Transit

Chilliwack
Broadway at McCaffrey (NB)
0.1 km

The closest Elementary independent school to this home for sale located at 8742 Broadway Street, Chilliwack BC V2P 5V6 is Highroad Academy with School's rating Rating 7/10, located 0.23 km from this home.

The closest to this address 8742 Broadway Street, Chilliwack BC V2P 5V6 Secondary independent school is Highroad Academy with School's rating Rating 7/10, located 0.23 km from this home

The closest Bus station is Broadway at McCaffrey (NB) in 0.1 km away from this listing with - MLS® R2965075.

9.5% of people with university certificate/degree live in this neighbourhood adjacent to the 8742 Broadway Street, Chilliwack BC V2P 5V6 which is Low in comparison with other BC neighbourhoods. 21.6% of population in this neighbourhood that is near the Listing MLS® R2965075 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 8742 Broadway Street, Chilliwack BC V2P 5V6, Chilliwack, BC is $63707 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2965075 is $30822 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66.1% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2965075 is 6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 8742 Broadway Street, Chilliwack BC V2P 5V6 where population change between 2011 and 2016 was 2.9%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8742 Broadway Street, Chilliwack BC V2P 5V6, Chilliwack, BC is 1299.8 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 8742 Broadway Street, Chilliwack BC V2P 5V6 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2965075 is 57.6% and it is Average. % of Married or living common law is around 58.4% and it is Average.

Average age of the population close to the 8742 Broadway Street, Chilliwack BC V2P 5V6 is 40.6 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8742 Broadway Street, Chilliwack BC V2P 5V6, Chilliwack, BC is $299965 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 8742 Broadway Street, Chilliwack BC V2P 5V6. $1040 owners spent in average for the dwelling. Tenants are paying $1194 in this district close to MLS® R2965075 and it is Above Average comparing to other cities.

21.9% of Population in this district near the 8742 Broadway Street, Chilliwack BC V2P 5V6 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8742 Broadway Street, Chilliwack BC V2P 5V6, Chilliwack, BC is 3.6%, it is Low, % of English speakers only is 95.8% and Above Average. % of Neither English nor French speakers close to home for sale 8742 Broadway Street, Chilliwack BC V2P 5V6, Chilliwack, BC is 0.8% and it is Average comparing to other BC cities.

2.7% of all population in the area around this property with the address 8742 Broadway Street, Chilliwack BC V2P 5V6, Chilliwack, BC using Public Transport which is Below Average, 91.8% of using population are using Cars around MLS® R2965075, which is Above Average. 1.7% of people using Bicycles around the 8742 Broadway Street, Chilliwack BC V2P 5V6 and it is Above Average. 2.7% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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