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
Address
45881 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
1
Floor Area
1,006 Sq. Ft.
Main Floor Area
1006
Lot Size
4822 Sq. Ft.
Lot Size Dimensions
51 x 103
Lot Size (Acres)
0.11 Ac.
Lot Size Units
Square Feet
Total Building Area
1006
Frontage Length
51
MLS® Number
R3137937
Listing Brokerage
Pathway Executives Realty Inc (Yale Rd)
Basement Area
None
Postal Code
V2P 1J2
Zoning
M1
Ownership
Freehold NonStrata
Parking
Open
Parking Places (Total)
2
Tax Amount
$3,114.64
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, Natural Gas
Levels
One
Number Of Floors In Property
1
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