Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Industrial · Chilliwack

44755 Yale Road

Chilliwack, BC V2R4H3

$11,199,000

49 days on market

Bedrooms
0
Bathrooms
0
Floor area
15,703 sq ft
Type
Industrial
Year built
1992
MLS®
C8081333

About this home

Exceptional industrial investment and future development opportunity on 2.43 acres along Yale Road West. The property features a 15,703 sq. ft. industrial building and is fully leased to a quality tenant, generating $400,000+ in annual net income and providing strong holding income from day one. Well equipped for its current use, the real long-term opportunity lies in the property's significant development potential. Investors can secure a substantial industrial site today while benefiting from immediate income, then explore opportunities to expand the existing improvements, construct additional buildings, or redevelop the property to accommodate multiple tenants and increase future rental income. With a prime industrial location, strong in-place income, and excellent long-term upside, this is an ideal opportunity for investors seeking both immediate returns and future growth.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$49,587
Strata fee$0
Property taxannual ÷ 12$0
Est. monthly total$49,587
Down payment + BC property transfer taxbefore any first-time buyer exemption$2,717,750

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Listing courtesy of RE/MAX Bob Plowright Realty. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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