$6,000,000
$6,499,900
7.7%For more information regarding the value of a property, please contact us for a free consultation.
14,402 SqFt
SOLD DATE : 11/13/2024
Key Details
Sold Price $6,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,402 sqft
Price per Sqft $416
Subdivision Vedder Crossing
MLS Listing ID C8059877
Sold Date 11/13/24
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
Story 2
Water Municipal
Structure Type Wood Frame
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