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About This Property
DEVELOPERS & INVESTORS: Outstanding opportunity in Chilliwack’s growing downtown with excellent future redevelopment potential. Designated RES-3 (Low Rise Apartment) under the OCP (buyer to verify with the City of Chilliwack). Currently generating $3,500/month in rental income, this is an ideal holding property while planning for future development.…
Features
Property Details
School Catchment
Neighbourhood
Age
- Under 1513.2%
- 15 to 6469.9%
- 65 and over17%
Household size
- 1 person50.7%
- 229.1%
- 312.7%
- 44.2%
- 5 or more3.3%
Language spoken at home
86.1% English mother tongue
Mother tongue, share of 1,980 residents.
How this pocket differs
- fewer children under 15 than Chilliwack Proper East 13.2% vs 17.7%
- notably fewer 4-person households than Chilliwack Proper East 4.2% vs 10.5%
- notably fewer 5+ person households than Chilliwack Proper East 3.3% vs 7.9%
- more people living alone than Chilliwack Proper East 50.2% vs 34.1%
- Median household income is notably lower than Chilliwack $43,600 vs $82,000
- Median dwelling value is notably lower than Chilliwack $400,000 vs $750,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
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