About This Property
Investor or Developer Opportunity in Sardis! Rare chance to secure two neighbouring properties in a prime Sardis location. One property features a 1/2-acre lot with a 1,500 sq. ft. home offering 3 bedrooms and 1 bathroom, currently generating $1,600/month in rental income with reliable tenants in place. The adjacent ¼-acre vacant lot provides excellent potential for future development or expansion. The properties fall under provincial infill regulations and may allow for 5"“6 lots, or the option to build two homes on spacious parcels. The location could also suit a home-based construction-related business, positioned directly across from Canex Building Supplies. Centrally located near shopping, restaurants, schools, and quick access to Highway 1, this opportunity appeals to investors, developers, and builders alike. Hold as an investment, build now, or explore redevelopment potential with this unique land assembly in one of Chilliwack's most desirable communities. Contact listing Realtor for more details. * PREC - Personal Real Estate Corporation (id:64973)
At $54.92 per square foot, this vacant lot in Sardis represents a compelling value proposition compared to the Chilliwack market average of $70 per square foot for similar land. This property presents an attractive opportunity for savvy developers or investors seeking to capitalize on the potential for future infill development, with the adjacent rental property providing immediate cash flow.
Property Details
Location
Interested in buying in Chilliwack?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
Fraser Valley Realtor · Best Realtor in White Rock · Top South Surrey Agent
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.