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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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8971 Nowell Street, Chilliwack
MLS®: R2863930
2314
Sq.Ft.
2
Baths
5
Beds
7,458
Lot SqFt
1918
Built
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Description
Unlock the perfect opportunity with immediate income and future rezoning potential OR Move into a one of a kind home! This property boasts a solid wood timber home with 9-foot ceilings, recent updates, and a cozy architectural design. A separate suite downstairs with its own kitchen and door is ready for rental income. Outside, enjoy the the 1000 sf wrap around porch! Situated on a corner lot, with tons of outside storage space (and fully fenced!) - it offers flexibility for home-based businesses! Dual zoned M1A (Residential Light Industrial) which allows you to build a shop and operate a permitted use business from home. This home combines comfort and investment growth.
Taxes (2023): $3,766.30
Features
ClthWsh
Dryr
Frdg
Stve
DW
Free Stand F
P or Wdstove
Smoke Alarm
Storage Shed
