Multi-family for sale

45886 Wellington Avenue, Chilliwack Downtown, Chilliwack

$3,999,900 or
Multi-family for sale in Chilliwack Downtown, Chilliwack, Chilliwack, 45886 Wellington Avenue, 224967377 | Realtylink.org
$3,999,900 or

Multi-family for sale

45886 Wellington Avenue, Chilliwack Downtown, Chilliwack

Features

Lifestyle
224967377 3999900 /en/multi-family~for-sale~chilliwack-downtown-chilliwack/224967377?view=Summary /en/multi-family~for-sale~chilliwack-downtown-chilliwack/224967377/photos 49.1714900000 -121.9548600000 true
Year Built
1908
Floor Area
21,500 sqft
Lot Size
12,264 sqft
Gross Property Tax
$14,579.82 /year
Building Type
Low Rise (2-4 storeys), Commercial Mix, Residential Mix
Zoning
C3
Subject Property Width
112.86 ft
Subject Property Depth
109.9 ft
98

Description

This property presents a rare opportunity to acquire a 21,000+ SqFt historic hotel with 27 charming bed and breakfast suites, ideally situated in the rapidly transforming downtown Chilliwack area. The Royal Hotel, partially updated in 2000 and 2022, boasts a rich history and modem upgrades, including full sprinklers, updated plumbing, electrical systems, heating, air conditioning, and ventilation. The property also features multiple restaurant spaces, including a 155-seat dining area with an additional banquet room for larger events. Sold as-is-where-is, this unique investment is Subject to Court Approval and offers immense potential in a thriving location.
MLS® Number C8062308

Listing REALTOR®

Century 21 Creekside Realty Ltd.

Century 21 Creekside Realty Ltd.,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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