$3,290,000

9259 YOUNG Road, Chilliwack V2P4R1

7,900 Sq Ft Built 1955

Detached

Listed by: LeHomes Realty Premier.

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Description

Motivated seller! This standalone building in downtown Chilliwack has amazing future potential. With recent rezoning allowing high-density use (confirm with Chilliwack City Hall), it features seven fully leased residential units upstairs and six retail spaces below. Business assets and names are not included. The commercial leases offer a three-year term with an additional three-year renewal option, and the owner is open to selling a 50% share of the property. Plus, a new public .If you required part of commercial space we can negotiate. The seller is willing to lease back the entire building for 25K net. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Lot Size: 0.09

Property Details

Property Type	Detached
Sub Type	Multi-family
Living Area	7,900 sq ft
Lot Size	0 sq ft
Year Built	1955
Listing ID	C8073112

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9259 YOUNG Road, Chilliwack
MLS® C8073112 · $3,290,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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