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.
Data was last updated June 1, 2025 at 06:40 AM (UTC)
Area Statistics
Listings on market:
114
Avg list price:
$527,450
Min list price:
$265,000
Max list price:
$1,599,999
Avg days on market:
34
Min days on market:
2
Max days on market:
219
Avg price per sq.ft.:
$437.33
These statistics are generated based on the current listing's property type
and located in
Chilliwack Proper South. Average values are
derived using median calculations.