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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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8505 Howard Crescent, Chilliwack
MLS®: R3004674
1250
Sq.Ft.
2
Baths
10
Beds
9,840
Lot SqFt
1969
Built
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Description
Turnkey Income Property with Development Upside in Chilliwack Proper South Here''s your chance to secure one of Chilliwack''s rare high-yield investment opportunities. Situated on a large 9,600 sq ft lot with 80 ft frontage. This fully furnished 10-bedroom, 2-bathroom home is generating $8,500/month in rental income - with a solid cap rate and a lease already in place. With over 3,080 sq ft of updated living space, this property offers immediate cash flow, future subdivision potential, and the flexibility to serve as a rental, multi-family residence, or land hold in a fast-developing neighbourhood.
Taxes (2024): $3,243.52
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Microwave
Smoke Detector(s)
Window Coverings
