10 bed
2 bath
1,250 sqft
Single Family Residence
Built in 1969
9,840 sqft lot
1 parking
Freehold NonStrata
R1A zone
Public remarks
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.
Private remarks
**MERE POSTING** Listing brokerage does NOT represent the seller. Sellers rights reserved. Seller offering buyers agent 1 % of total net sale. Call the seller directly for all appointments at (604 )719-8633. Listing Brokerage does not hold deposits and does not convey. Send offers directly to seller. Please forward a copy of the accepted purchase contract and condition removal to [email protected]. Measured by owner.
Buyer agency compensation
$1.10
$1,599,999 ($1,279/sqft)
Active
Listed
05/20/2025
Expiry date
Original price
Gross taxes (2024)
$3,243.52
Property transfer tax
$29,999.98
Last Updated: 05/21/2025 01:07 PM
Courtesy of ComFree
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
8505 Howard Crescent | R3004674 | 05/21/2025 01:07 PM | 05/20/2025 | Active | $1,599,999 | Login to view | Erin Holowach | ComFree |
8505 Howard Crescent | R2794180 | 10/17/2023 03:49 AM | 07/03/2023 | Expired | $999,900 | Login to view | eXp Realty of Canada, Inc. |