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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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45240 South Sumas Road, Chilliwack
MLS®: R3022168
1864
Sq.Ft.
4
Baths
6
Beds
25,700
Lot SqFt
1957
Built
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Description
Situated in a highly desirable neighborhood close to schools, shopping, and everyday amenities, this property offers both a fantastic location and exceptional potential. Set on a 25,000+ square foot lot, it features a 3-bedroom main house and a coach house with two separate suites - providing strong rental income as you plan your next move. With the potential for rezoning, the site could support a 12-unit townhouse complex, making it an outstanding opportunity for investors or developers looking to capitalize on future growth. This is your chance to secure a property with immediate value and long-term development upside.
Taxes (2024): $4,650.94
Amenities
Shopping Nearby
Balcony
Workshop Detached
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
