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Chilliwack,BC V2R 6B3
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,324 sqft
Price per Sqft $384
Subdivision Vedder Crossing
MLS Listing ID C8067205
Annual Tax Amount $13,800
Tax Year 2024
Property Description
Fully Leased 4-Unit Townhouse Block in Chilliwack''s Base10 community. This investment property consists of four townhouses, each with a separate legal suite, totaling eight fully leased units. The townhomes are low-maintenance and worry-free, protected under a 5- and 10-year warranty. Built on a 99-year pre-paid leasehold interest, the property is exempt from the authority of the Residential Tenancy Branch. Each townhouse is a 4-bedroom, 4-bathroom unit ranging from 2,072 to 2,090 sq. ft., with the upper level featuring a two-storey, 3-bedroom, 3-bathroom layout with a den (1,569 to 1,587 sq. ft.) and the ground level including parking and a separate, self-contained 1-bedroom, 1-bathroom suite of approximately 503 sq. ft. This property offers stable rental income with long-term leasehold tenure, making it an excellent investment opportunity.
Location
Province BC
Community Vedder Crossing
Area Sardis
Zoning British Columbia Default Zone
Region Chilliwack
City Region Chilliwack
Building
Dwelling Type Multi-Family Commercial
Water Municipal