Development Land, 45719 – 45731 Princess Ave, Chilliwack Fraser Valley

$980 000
MLS No: C8005406
Property type: Development Land

Specifications

  • Land Size: 23,250 Sq Ft
  • Year Built: 1955
  • Lot SF/Acres: 23,250/0.54
  • Lot Dimensions: 150 x 155
  • Zoning: R6
  • Max Buildable SF: 78,000
  • Max Units Buildable: 39 Condos or 48 Seniors Apartments
  • Parking Requirement: 36 - 58 Parking Spaces
  • Lane Access: Yes
  • Topography: Level

Description

SOLD multifamily development site at 45719 – 45731 Princess Ave, Chilliwack.  Site includes three side-by-side lots in a transitional area downtown Chilliwack. Existing improvements include three houses rented for a total of $2,950 per month.

Property is zoned and R6, multifamily up to 25m in height, and is part of the downtown OCP. Build up to 48 seniors congregate care units or 39 market condo/rental apartment units on this site.

Site is level and offers easy access from the 150 feet of frontage and 150 feet of lane access. Municipal services and all utilities are at the lot line with minimal upgrades needed for multifamily development.

Site location is in a transitional area of downtown, just 2 1/2 blocks from the famous “Five Corners” intersection and 100 ft away from the old Safeway site, recently sold and slated for re-development.

Street is quiet and the site is located within steps of every conceivable type of amenity.

Contact the Agent

Seth Baker

Managing Broker & Owner
Phone
(778) 235-9293
Fax
(778) 650-0350
Address
119 W Pender St, Suite 104
Vancouver, BC, V6B 1S5
Combine bold entrepreneurship, incisive analysis and elite salesmanship, and you have Seth Baker. As Owner of Multifamily Real Estate Services, Seth founded his own real estate brokerage company dedicated to selling some of the world’s most valuable apartment buildings. He is a master communicator and skillful analyst. He has a diverse background with a unique combination of street smarts, business, and data technology. This background allows Seth to maintain priceless market data while building powerful relationships with multifamily investors and developers. Ask him about how to get people to agree. It’s his secret talent. Seth Baker has led an impressive career in real estate brokerage. He is personally responsible for more than $125,000,000 in real estate sales, a number that’s growing daily.  He has contributed to a number of industry organizations including LandlordBC, Vancouver Board of Trade, BC Non-Profit Housing Association, Greater Vancouver Home Builders Association and Urban Development Institute.…




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