$499,900

45871 Rowat Avenue, Chilliwack, BC V2P 1J2

MLS® R3169350

Description

RARE M1 ZONED INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. Buy, hold, lease, develop, or build—this is a unique opportunity to secure a strategically located M1-zoned property with exceptional long-term potential.

Property

Property type

Residential

Style

Single Family Residence

Structure

Residential Detached

Age

999 years

Ownership

Freehold NonStrata

Levels

One

Interior

Bedrooms

3

Bathrooms

2

Full bathrooms

2

Half bathrooms

0

Living area

1,673 sq ft

Main floor finished area

1,290 sq ft

Basement

None

Fireplaces

0

Appliances

Refrigerator, Stove

Systems

Heating

Forced Air, Oil

Lot and parking

Lot size

4,219 sq ft

Lot dimensions

51 x 91

Parking spaces

2

Parking

Garage Single

Garage spaces

1

Carport spaces

No

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$3,079

Tax year

2,025

Land lease

No

Location

Area

Chilliwack

Neighbourhood

Chilliwack Proper South

View

No

Waterfront

No

Exterior features

No Outdoor Area