Description
Exceptional 0.63-acre property in the highly sought-after Greendale area. This versatile parcel features a well-maintained five-bedroom, two-bath family home along with a four-unit commercial building. The spacious 2,134 sq. ft. residence offers a large private backyard with stunning mountain views and showcases a thoughtful blend of updated and original features. The property also presents excellent redevelopment potential for a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be pleased to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to acquire a truly special property.
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3BEDS
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0.63ACRES
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2BATHS
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01/2 BATHS
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2,134SQFT
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$1,406$/SQFT
Description
Exceptional 0.63-acre property in the highly sought-after Greendale area. This versatile parcel features a well-maintained five-bedroom, two-bath family home along with a four-unit commercial building. The spacious 2,134 sq. ft. residence offers a large private backyard with stunning mountain views and showcases a thoughtful blend of updated and original features. The property also presents excellent redevelopment potential for a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be pleased to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to acquire a truly special property.
Listing provided courtesy of Advantage Property Management. © 2026 by the Greater Vancouver REALTORS®. NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board
or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.