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.
Address
47005 Yale Road
List Price
$1,888,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Rancher/Bungalow w/Bsmt.
Structure Type
Residential Detached
Transaction Type
Sale
Area
Chilliwack
Sub-Area
Little Mountain
Bedrooms
5
Bathrooms
3
Floor Area
3,072 Sq. Ft.
Main Floor Area
1569
Lot Size
186000 Sq. Ft.
Lot Size Dimensions
117.5 x
Lot Size (Acres)
4.27 Ac.
Lot Features
Near Golf Course, Private, Recreation Nearby, Wooded
Lot Size Units
Acres
Total Building Area
3072
Frontage Length
117.5
Year Built
1985
MLS® Number
R3152943
Listing Brokerage
Advantage Property Management
Basement Area
Full, Finished
Postal Code
V2P 2S6
Zoning
R1A
Ownership
Freehold NonStrata
Parking
Garage Double, Side Access
Parking Places (Total)
4
Tax Amount
$10,240.79
Tax Year
2025
Site Influences
Balcony, Near Golf Course, Private, Private Yard, Recreation Nearby, Shopping Nearby, Wooded
Community Features
Shopping Nearby
Exterior Features
Balcony, Private Yard
Board Or Association
Chilliwack
Heating
Yes
Heat Type
Baseboard, Electric
Fireplace
Yes
Fireplace Features
Gas
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Number Of Floors In Property
2
View
Yes
View Type
Valley
Subdivision Name
Little Mountain
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