For Sale · Land

8161 BOUNTY PLACE, Eastern Hillsides, Chilliwack

8161 BOUNTY PLACE, Eastern Hillsides, Chilliwack, BC V4Z0E4

$649,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Lot Size

0.6968319559228651 ac

About this property

Discover the opportunity to build your dream home in Chilliwack's desirable Eastern Hillsides. Situated on a spacious 0.70-acre freehold lot, this property offers plenty of room to bring your vision to life. Enjoy the peaceful surroundings and natural beauty of hillside living while being only 10 minutes from Chilliwack's city centre, with schools nearby and convenient access to shopping, recreation and everyday amenities. Whether you're looking to build a custom home or secure land for the future, this property offers an exciting opportunity in a sought-after location. (id:66811)

Financial sandbox

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Estimate
Purchase price$650K
Down payment30% · $195K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$28K

Annual cash flow

$-8K

Cash-on-cash

-4.24%

DSCR

0.77

Going-in cap

4.27%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

106,083

Households

37,306

Median income

$129,500

Median age

38.2

Daytime population

97,578

5-yr growth

5.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 8161 BOUNTY PLACE, Eastern Hillsides, Chilliwack.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.