Two-thirds-acre development site in Chilliwack sold for $1.225M

Site is C3 zoned, with plans for an 18-unit apartment building with four ground-floor commercial units

By
for Western Investor
August 6, 2019





Done Deal Chilliwack development site

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


Rick Toor has been a licensed realtor with Homelife Glenayre Realty since 2006. He specializes in commercial sales and leasing.

Homelife Glenayre Realty
8387 Young Rd.
Chilliwack B.C., V2P 4NB
Office: 604-795-2955

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