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34687 FERNDALE Avenue
Hatzic Mission V2V 7C8

$80,000,000
Land Commercial, Multi-Family Commercial

Main Photo: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
Photo 1: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
Photo 2: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
Photo 3: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8048687
Located in the Ferndale comprehensive neighborhood development plan area - SCM-08/2017. This plan is an action item included in the OCP 01/2018. Accessed by 4 city roads. New municipal water at lot lines, servicing cost estimated completed. Development plans reflect R930 zoning density allowing 190 lots (11,200 ft2 average) which is consistent with the new 1,000 meter square lot zoning bylaw. Site area is 64 acres over 6 separate titles ranging from 500 to 1,000 feet above Hatzic Lake. Upper mountain (2 titles) is 39 acres with a plan for 124 lots featuring 360 degree views from Chilliwack to Vancouver Island including a sliver of the Pacific Ocean. Lower mountain (4 titles) is 25 acres with 66 lots including a beautiful estate home. All lots are flat and easily serviced. VTB available.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Lot Area:
64 acre(s)
Acres Freehold:
64 acre(s)
Land Use/Zoning:
RU16
Permitted Use:
Multifamily (5+), Residential
Taxes:
$30,155.47 / 2021
Services Connected:
Cable at Lot Line, Cable, Electricity, Fiber Optics at Lot Line, Garbage Collection, High Speed Internet Svc at Lot Line, Natural Gas, Telephone, Septic System, Sewer - Storm, City Water at Lot Line
Water Supply:
Municipal
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
    Photo 1 of 3
  • Photo 2: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
    Photo 2 of 3
  • Photo 3: 34687 FERNDALE Avenue in Mission: Hatzic Land Commercial for sale : MLS®# C8048687
    Photo 3 of 3
Listed by Royalty Group Realty Inc.
Data was last updated March 31, 2023 at 08:10 AM (UTC)
STEVE DA CRUZ | CCIM | PREC
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.