47005 YALE ROAD, Little Mountain, Chilliwack
$1,888,000 · 5 Bed 3 Bath
About this property
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. Whether you're looking for a strong revenue-producing property, a long-term investment, or a prime development opportunity, this unique offering checks all the boxes. * PREC - Personal Real Estate Corporation (id:66939)
Property details
- Price
- $1,888,000
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 3,072 square feet
- Lot size
- 186000 square feet
- Year built
- 1985
- Property type
- Single Family
- Basement
- Finished, Full
- MLS® number
- R3152943
Location
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Review my home valueListing courtesy of Advantage Property Management. Source board: Chilliwack & District Real Estate Board.
Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.