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9416 Hazel St
Chilliwack, BC V2P 5N1

$2,771,542 USD

Apartments Condo For Sale  •  9,167 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,473 SF
  • Lot Size 0.48 AC
  • Building Class C
  • Year Built 1990
  • Zoning R5
43 Transit Score
75 Walk Score

1 Unit Available

Name Condo Use Size Price Details
Unkwn Floor - Unit 1-10 Office 9,167 SF $2,771,542 USD
  • Unit Size: 9,167 SF
  • Condo Use: Office
  • Price: $2,771,542 USD
  • Sale Type: Investment
  • Price/SF: $302.34 USD
Description
Located at 9416 Hazel Street in Chilliwack, BC, this offering consists of ten strata townhouse-style units on a generous 20,473-square-foot lot. The property features a well-maintained, self-managed building constructed in 1990, with all units configured as two-bedroom, one-bath layouts. Its prime location provides excellent transit accessibility, ensuring convenient connections for residents to work, school, and leisure destinations. The large lot size enhances the property’s immediate value while presenting significant redevelopment potential, with preliminary indications suggesting the possibility of up to 43 units

Sale Notes
This 10 strata lot property offers flexibility for selling off units individually, catering to diverse investment strategies. Its large lot size not only provides immediate value but also promises exponential growth potential for future development opportunities. Additionally, the well-maintained and self-managed nature of the property presents opportunities to rehabilitate units, maximizing rental income and overall investment returns.

Description

Investment with Value Add

Lot Size:   20,473 SF

Building Size:  9,167 SF

All 10 units are 2 Bedroom 1 Bath - Townhouse Style

Highlights

Ten strata lots offering flexible disposition strategies
Large lot with significant redevelopment potential
Strong annual income with room for rental growth
Well-maintained, self-managed property minimizing overhead
Prime location with excellent transit accessibility

Property Flyers

Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Public Transportation

Commuter RailDriveWalkDistance
Chilliwack (Vancouver - Toronto - VIA Rail) 2 min - 1.3 mi
AirportDriveWalkDistance
Abbotsford International 35 min - 25.5 mi
Randy Lim 604-968-8111 Republique Group
Randy Lim 604-968-8111 Republique Group