46086 RIVERSIDE DRIVE, Chilliwack Proper East

Chilliwack, BCV2P 3K9

An exceptional development opportunity on an approximately 20,473 sq. ft. property in an established Chilliwack neighbourhood. Currently zoned R1-A and designated Mixed Residential under OCP, the property offers potential for future multi-unit redevelopment. The existing 3,291 sq. ft. two-storey home features 4 bedrooms, 3 bathrooms, a basement and separate in-law suite accommodation, with multiple outbuildings. Sold "as is, where is". Potential rental income while exploring future redevelopment. R4/R4-A townhouse rezoning would be consistent with the OCP designation, subject to rezoning and City approvals. Preliminary density concepts suggest approximately 8 units, subject to due diligence and approval"-strong nearby precedent. (id:31684)

Listing courtesy of: Andrew Young of Sutton Premier Realty

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