House
$1,698,800
45736 HIGGINSON ROAD, Sardis South
Chilliwack10 days on market
MLS® R3170655
$1,888,000
47005 YALE ROAD, Little Mountain
Chilliwack · MLS® C8080997
3,072 sq ft · 4 sq ft lot · 4 parking
Land · Vacant Land · built 1985 · 65 days on market
Listed by Clarke Sexsmith, Advantage Property Management
Realtor's description
An exceptional opportunity to hold as an investment or pursue future development. The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project. Whether you're looking for a strong revenue-producing property, a long-term investment, or a prime development opportunity, this unique offering checks all the boxes. * PREC - Personal Real Estate Corporation
Property details
- Type
- Land, Vacant Land
- Living area
- 3,072 sq ft
- Lot
- 4 sq ft
- Parking
- 4
- Year built
- 1985
- Days on market
- 65
- MLS®
- C8080997
Monthly cost
$8,226/mo
Mortgage $8,226
20% down at 4.34% fixed (Ratehub.ca), 25 years.
If you rented it out
- Suite rent
- $1,222/mo
- Your cost after the suite
- $7,277/mo
- vs $8,401 without it
Costs: mortgage $8,226 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a studio (1-bedroom for the suite) in Chilliwack (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
ChilliwackGoogle Maps ↗
Schools
Catchment schools, Chilliwack School District 33
- Elementary Little Mountain Elementaryhomes in this catchment
500 m away · 9900 Carleton St, Chilliwack · 604-792-0681
- Middle Chilliwack Middlehomes in this catchment
1.8 km away · 46354 Yale Rd, Chilliwack · 604-795-5781
- Secondary Chilliwack Secondaryhomes in this catchment
1.8 km away · 46354 Yale Rd, Chilliwack · 604-795-5781
From the Chilliwack School District 33's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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