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About This Property
Investor & Developer Alert! This 7,788 SQFT R2 (Urban Residential Transition)-zoned lot near the heart of downtown Chilliwack offers solid holding income plus redevelopment upside via potential land assembly. The property includes a well-kept 1,222 SQFT 3-bedroom, 1-bath 1½-storey home with updates over the years such as new flooring, fresh paint, updated appliances and more. R2 permits single detached dwellings and limited apartment/boarding-house uses (primarily by conversion); the site sits among similar R2 properties, ideally positioned for future assembly amid Chilliwack’s ongoing downtown revitalization and densification. BONUS — large storage shed included! Minutes from shopping, schools, parks and major amenities in one of the city’s fastest-growing areas.
Features
Property Details
School Catchment
Neighbourhood
Age
- Under 156.8%
- 15 to 6448.9%
- 65 and over44.3%
Household size
- 1 person60.8%
- 230.3%
- 35.5%
- 42.2%
- 5 or more1.2%
Language spoken at home
86.5% English mother tongue
Mother tongue, share of 3,445 residents.
How this pocket differs
- notably fewer children under 15 than Chilliwack Proper West 6.8% vs 15%
- notably more seniors 65+ than Chilliwack Proper West 44.3% vs 28%
- notably fewer 5+ person households than Chilliwack Proper West 1.2% vs 5.7%
- notably fewer 4-person households than Chilliwack Proper West 2.2% vs 7.9%
- more people living alone than Chilliwack Proper West 61.1% vs 45.2%
- Median household income is notably lower than Chilliwack $42,800 vs $82,000
- Median dwelling value is notably lower than Chilliwack $300,000 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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