Homelife Glenayre Realty Chilliwack Ltd. reports that a development site of 0.626 acres (27,267 square feet) located near the corner of First Avenue and Young Road in Chilliwack, B.C., was sold April 30 for $1.225 million. The site is C3 zoned, and there are plans for an 18-unit apartment building with four commercial units on ground level.
Breakdown:
List price: $1,700,000
Sale price: $1,225,000
Property type: Land
Lot size: 27,267 square feet/0.626 acres
Zoning: C3 mixed-use residential/commercial
Address: 8387 Young Road
City: Chilliwack, B.C.
Date of sale: April 30, 2019
Name of brokerage: Homelife Glenayre Realty Chilliwack Ltd.
Name of agent: Rick Toor