47005 Yale Road, Chilliwack, BC V2P2S6
Property Overview
- Detached Home Type
- House Building Type
- 4.27 Acres Lot Size
- Little MountainCommunity
- 5 Beds
- Electric Heating
- 3 Full Baths
- 0 Half Baths
- 4 Parking Space(s)
- 1985 Year Built
- — Property Taxes
- 25 days Days on Market
- R3152943 MLS® #
- $615 Price / Sqft
- R1A Land Use
- Bungalow Style
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Description
An exceptional opportunity to hold as an investment or pursue future development. The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project.
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