Aerial perspective showcasing a dense urban environment with a prominent commercial and residential building at 45744 Spadina Avenue, Chilliwack

$12,000,000

45744 Spadina Avenue, Chilliwack, BC V2P 1T6

MLS® C8079458

Description

Applewood Court | 45744 Spadina Ave, Chilliwack 36-unit apartment building on a 26,134 SF corner lot in the heart of downtown Chilliwack. R6 zoning with Mid to High Rise designation - one of the strongest redevelopment sites in the Fraser Valley. Fully tenanted, 4.5% cap rate, $544K net annual income. Strata wind-up ready - all 36 units in a single purchase, no holdouts. New towers rising in the immediate area. This won't last. Call for pricing. Dax Marsh 604.505.3936

Property

Property type

Commercial Sale

Style

Multi Family

Structure

Condo Strata Complex, Low Rise (2-4 storeys), Mixed Use

Year built

1,982

Ownership

Strata

Levels

3

Systems

Heating

Baseboard

Security

Secured Garage/Parking

Lot and parking

Lot size

26,136 sq ft

Parking spaces

40

Parking

Secured, Guest

Costs

Annual property tax

$38,000

Tax year

2,025

Location

Area

Chilliwack

Neighbourhood

Chilliwack Downtown

Waterfront

No