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
Data was last updated June 22, 2026 at 09:35 PM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$574,900
Min list price:
$225,000
Max list price:
$1,299,900
Avg days on market:
49
Min days on market:
3
Max days on market:
497
Avg price per sq.ft.:
$401.44
These statistics are generated based on the current listing's property type
and located in
Chilliwack Proper South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.