Multi-family for sale
45665 McIntosh Drive, Chilliwack Proper South, Chilliwack
$3,995,000
$3,995,000
Multi-family for sale
45665 McIntosh Drive, Chilliwack Proper South, Chilliwack
Features
Year Built
1982
Floor Area
12,769 sqft
Lot Size
33,205 sqft
Gross Property Tax
$16,669.40 /year
Building Type
Freestanding
# of Elevators
1
Zoning
R5
Subject Property Width
147 ft
Subject Property Depth
225 ft
Suite Mix Information
1 x Bachelor/Studio, 1 x Other
Total no. of Units
24
Financial Summary
$580,423
Description
Avison Young is pleased to market for sale 45665 McIntosh Drive, (the "Property") located in Chilliwack BC. This 33,205 square foot property sits just off of the main arterial, Yale Road, while maintaining proximity and ease of access to Downtown Chilliwack and the Trans-Canada Highway. The Property is currently improved with a 23-room independent living facility, plus one on-site caretaker unit, producing a high-yield return of 5.96%. The Property can be developed under the existing zoning up to 155 residential units per hectare or up to 225 units per hectare if the development includes small unit apartments to a maximum of 549 square feet. This corresponds to approximately 48 to 69 residential units.
MLS® Number C8063396