An exceptional development opportunity on an approximately 20,473 sq. ft. property in an established Chilliwack neighbourhood. Currently zoned R1-A and designated Mixed Residential under OCP, the property offers potential for future multi-unit redevelopment. The existing 3,291 sq. ft. two-storey home features 4 bedrooms, 3 bathrooms, a basement and separate in-law suite accommodation, with multiple outbuildings. Sold "as is, where is". Potential rental income while exploring future redevelopment. R4/R4-A townhouse rezoning would be consistent with the OCP designation, subject to rezoning and City approvals. Preliminary density concepts suggest approximately 8 units, subject to due diligence and approval"-strong nearby precedent. (id:27476)
