15 - 46915 Yale Road, Chilliwack, BC

Grace Real Estate Team is pleased to present an opportunity to purchase a Motel and potential to redevelop a Rental / Condo project in future with great holding income. You have 2 options to invest in heart of City of Chilliwack, holding this Motel to generate income and redevelopment in future. This property includes a Multi-family / MOTEL (contains 2 bachelor suites & nine 1-bedroom suites) and one 4-bedroom house. Lots of renovations done like new roof, windows, flooring, painting, kitchen and bathroom upgrade. Adjacent to Convenience market, geotechnical report available through due diligence. Central location, close to transits & shopping, 5 minutes drive to DT Chilliwack, 10 minutes walk to Portage Park. Redevelop 5-storey RENTAL / CONDO project in future, site plan & Demolition Permit are in place. OCP: Residential 3, Lot Size: 44,431sf with Buildable 55,454.32sf for market condo project (more buildable for rental project), including 61 parking spots. Stunning panoramic MOUNTAINVIEWS with glaciers. Great opportunity for developers and investors... School catchment: Little Mountain Elementary and Chilliwack Middle. Do not walk through property, do not bother occupants! Lot Size: 44,431sf OCP: Residential 3 We have other development sites for sale： 1. Vancouver SW Marine Dr. industrial site 1.4 acre, FSR3.0, Zoning IL 2. New Westminster mixed use project 3, Vancouver Joyce station pre-rezoned 28-40 units townhouse site 4. Vancouver Joyce Station rental project 5. Vancouver Joyce Station pre-rezoned condo project 6. Broadway Corridor rental project 7. DT Vancouver office+Retail project