Sold
RARE M1 ZONED INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. This property must be sold together with neighbouring property at 45871 Rowat Avenue, creating a combined land assembly of approximately 9,041 sq.ft. Rarely do opportunities arise to secure two adjoining M1-zoned parcels in such a strategic location. Buy, hold, lease, develop, or build—this is a unique chance to capitalize on one of the area's most versatile and
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Refrigerator, Stove |
| Fireplace | 0 |
| Heating Type | Forced Air, Natural Gas |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $499,900 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1006 |
| Age Of Building | 999 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Open |
| Total Parking Spaces | 2 |
| Rental Suites | None |
| Lot Size | 4822 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 51 |
| MLS® # | R3137937 |
| Area | Chilliwack |
| Neighbourhood | Chilliwack Proper South |
| City | Chilliwack |
| Postal Code | V2P 1J2 |
| Gross Taxes | $3,114.64 |
| Zoning | M1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 14'11 x 14'11 ft |
| Main Level | Bedroom | 7'8 x 7'8 ft |
| Main Level | Bedroom | 12'0 x 12'0 ft |
| Main Level | Kitchen | 13'5 x 13'5 ft |
| Main Level | Bedroom | 12'0 x 12'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: Pathway Executives Realty Inc (Yale Rd) & Pathway Executives Realty Inc (Yale Rd)
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Private Schools
Closest Transit
Demographics
Noise/ Power Lines
Other
45881 Rowat Avenue has a sell-speed score of 56/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 15.2% and an area average of 20 days on market — conditions are balanced. With only 730 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2P 1J2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Chilliwack" WUI zone (Risk Class 3 — Moderate). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Chilliwack Airport, Chilliwack (~1.3 km). Annual avg AQHI 1.8 — Low Risk.
Chilliwack currently sees ~4 days above 30 °C per year (1981–2010 baseline), projected to rise to ~16 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~31.5 °C baseline, ~34.1 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1591 mm (1981–2010 baseline), projected ~1630 mm by the 2050s. Extreme 1-day rainfall: ~57.9 mm baseline, ~62.5 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~21 days baseline, ~23 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Comparable data is unavailable at the neighbourhood level. City-wide in Chilliwack, similar Single Family Residences average $509,450 across 2 active listings — this listing is 1.9% below the Chilliwack average.
Potential Cashback for this listing if you buy with us
Login to track your cashback progress
Buy with us & save on this property
$499,900
45871 Rowat Avenue, Chilliwack, BC
$599,000
45949 Rowat Avenue, Chilliwack, BC
$519,000
8825 Edward Street, Chilliwack, BC
$569,900
9195 Aspen Place, Chilliwack, BC
$570,000
46297 Gore Avenue, Chilliwack, BC
$499,900
9430 Young Road, Chilliwack, BC
$549,888
9445 Nowell Street, Chilliwack, BC
$567,890
45589 Wellington Avenue, Chilliwack, BC
$599,000
9550 Victor Street, Chilliwack, BC
14.4% price reduction
$599,000
46782 First Avenue, Chilliwack, BC
6.7% price reduction
$559,000
47145 Yale Road, Chilliwack, BC
8.3% price reduction
$549,900
45133 Wells Road, Chilliwack, BC
