8742 Broadway Street, Chilliwack

MLS®: R2999095
3584 Sq.Ft. 3 Baths 5 Beds 19,166 Lot SqFt 1980 Built 376 $/Square Foot

Description

Prime Multi-family development site. This is an exceptional investment for seasoned developers, builders, and investors seeking a strategically positioned multi-family development site. Designated Residential Medium Density (RM) under the OCP, this site offers multiple high-value development pathways: Option 1: Subdivide and develop nine premium townhome units, maximizing density and market appeal. Option 2: Create two duplexes, each with two laneway homes, catering to the growing demand for versatile urban living. This is a rare opportunity to capitalize on a thriving market with strong growth potential. Secure this site today and unlock its full development value.

Taxes (2024): $4,394.15