MLS® Number R2388304

Duplex For sale

$919,000 or

8828-8830 Ashwell Road, Chilliwack W Young-Well, Chilliwack

Features

24 rooms 10 bedrooms 4+2 bathrooms/half baths
262409931 919000 /en/duplex~for-sale~chilliwack-w-young-well-chilliwack/262409931?view=Summary /en/duplex~for-sale~chilliwack-w-young-well-chilliwack/262409931/photos 49.1627630000 -121.9737870000 true
Style 2 Storey
Year Built 1988
Floor Area 4,540 sqft
Lot Size 10,800 sqft
Lot Frontage 60 ft
Parking Spaces 6
Property Taxes $4,189 (2019)

Description

Amazing investment opportunity! Half of the duplex was renovated in 2017 with full renos on the upper unit and partial renos in the lower guest suite. Each 1/2 of this duplex contains 1 suite with 3 bed and 2 baths on main, 1 guest suite with 2 bed and 1 bath on lower for a total of 10 bed and 6 baths! The generous 10,800 sqft lot is enclosed with hedges and is located across from a serene green belt. Walmart, banks, restaurants and coffee shops all less than a 5 min drive! Bus stop meters from the front door. You will not find better value for an income producing property. (no photos posted of the reno'd 3 bed suite). Cap rate at 3.72% with potential to grow to 5.7%. The back deck was renovated in August 2019.
Kevin Gurniak

Kevin Gurniak

Dracco Pacific Realty

Dracco Pacific Realty

Contact me
Peggy Li

Peggy Li

Dracco Pacific Realty

Dracco Pacific Realty

Contact me

Calculate mortgage payments

919,000
(%)
(years)
Payment frequency
Payment amount
Monthly payment chart

Estimated property transfer tax

1% of $200,000
2% of remaining value up to and including $2,000,000
3% of remaining portion over $2,000,000
Total Tax Payable

Calculate borrowing capacity

Payment frequency
(%)
(years)
Mortgage amount
  • 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.
1 1 1
Back top