Multi-family for sale
5662 Vedder Road, Vedder Crossing, Chilliwack
$6,499,900
Features
Year Built
1987
Floor Area
14,402 sqft
Lot Size
40,075 sqft
Gross Property Tax
$27,219.89 /year
Building Type
Low Rise (2-4 storeys)
Building / Complex Name
Pine Court
Zoning
CS1
Amenities
Laundry Facility, Paved Yard
Suite Mix Information
2 x Bachelor/Studio, 34 x 1 ½
Total no. of Units
36
Description
Welcome to Pine Court a 36 unit rental complex on nearly an acre in the heart of Vedder Crossing in Chilliwack BC. This property offers a savvy investor an opportunity to own one of the most desirable pieces of Real Estate in Chilliwack, while getting an excellent income. The Official Community Plan designates this area as Commercial General and encourages mixed use buildings up to six stories and 250 dwelling units of density, making a potential yield of 92 units. All zoning and density should be confirmed with the City of Chilliwack. Reach out to lukas@lukasmatheson.com for a full information package.
MLS® Number C8059877