Great holding property. Zoned CBD downtown commercial. Located at the top of the "Main Street" in Hope (Wallace), beside Lordco. Street plus lane access provides ample opportunity to convert the property to commericial at some point in the future. Rented to long term tenant that would like to stay, making this a stable investment till developed. Home is older but has had some updates in the not too distant past.
Address
564 Wallace Street
List Price
$520,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Hope & Area
Sub-Area
Hope
Bedrooms
2
Bathrooms
1
Floor Area
813 Sq. Ft.
Main Floor Area
813
Lot Size
7000 Sq. Ft.
Lot Size Dimensions
50 x 140
Lot Size (Acres)
0.16 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
813
Frontage Length
50
Year Built
1945
MLS® Number
R3059436
Listing Brokerage
RE/MAX Nyda Realty (Hope)
Basement Area
None
Postal Code
V0X 1L0
Zoning
CBD
Ownership
Freehold NonStrata
Parking
Open
Tax Amount
$2,821.03
Tax Year
2025
Site Influences
Central Location, No Outdoor Area
Exterior Features
No Outdoor Area
Board Or Association
Chilliwack
Heating
Yes
Heat Type
Baseboard, Forced Air, Natural Gas
Levels
One
Number Of Floors In Property
1
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