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. Buy, hold, lease, develop, or build—this is a unique opportunity to secure a strategically located M1-zoned property with exceptional long-term potential.
Address
45871 Rowat Avenue
List Price
$499,900
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Chilliwack
Sub-Area
Chilliwack Proper South
Bedrooms
3
Bathrooms
2
Floor Area
1,673 Sq. Ft.
Main Floor Area
1290
Lot Size
4219 Sq. Ft.
Lot Size Dimensions
51 x 91
Lot Size (Acres)
0.1 Ac.
Lot Size Units
Square Feet
Total Building Area
1673
Frontage Length
51
MLS® Number
R3169350
Listing Brokerage
Pathway Executives Realty Inc (Yale Rd)
Basement Area
None
Postal Code
V2P 1J2
Zoning
M1
Ownership
Freehold NonStrata
Parking
Garage Single
Parking Places (Total)
2
Tax Amount
$3,078.95
Tax Year
2025
Site Influences
No Outdoor Area
Exterior Features
No Outdoor Area
Appliances
Refrigerator, Stove
Board Or Association
Chilliwack
Heating
Yes
Heat Type
Forced Air, Oil
Garage
Yes
Garage Spaces
1
Levels
One
Number Of Floors In Property
1