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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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9493 Fletcher Street, Chilliwack
MLS®: R2664974
1380
Sq.Ft.
2
Baths
3
Beds
7,656
Lot SqFt
1987
Built
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Description
ATTENTION DEVELOPERS/INVESTORS: Great holding property with future development potential. OCP Zoning is RES-3 (Low Rise Apartment Zoning). Assemble together with neighbours and redevelop with a preliminary site plan of approx 86 units. Check with the City of Chilliwack to verify. Currently a solid built rancher with rental income of $2600 month rent. Great features include: corner lot, workshop in the back for all your hobbies, covered porch, large driveway, double garage, RV parking, full ensuite. Must be sold together with 46031 Cleveland (R2664792) Combined 16,500sqft of land.
Taxes (2021): $2,876.27
