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46150 Thomas Rd 4 Unit Apartment Building $3,100,000 CAD ($775,000 CAD/Unit) 4.49% Cap Rate Chilliwack, BC V2R 6H3
INVESTMENT HIGHLIGHTS
- Fully leased 4-townhome block with 8 income suites
- 99-year prepaid leasehold with 103 years remaining
- Modern design with stainless steel appliances and 9-ft ceilings
- Prime location near retail, schools, and Highway 1
EXECUTIVE SUMMARY
Fully leased 4-townhome block in the Base 10 Community in Chilliwack, BC. Each townhome features 4 bedrooms and 4 bathrooms ranging from 2,072 to 2,090 sq. ft in size. The units offer a 3-bed, 3-bath suite upstairs and a separate, legal 1-bed, 1 bath suite downstairs, for a total of 8 leasable suites. The property is low maintenance and worry free as the townhomes are under warranty for 5 and 10 years.
The townhomes are built on a 99- year prepaid lease hold interest and are exempt from the authority of the Residential Tenancy Branch. There are 103 years left on the head lease. Each townhome can be sold individually as well. Units are leased to stable tenants and currently generate strong income, with the potential for growth upon turnover.
The townhomes are built on a 99- year prepaid lease hold interest and are exempt from the authority of the Residential Tenancy Branch. There are 103 years left on the head lease. Each townhome can be sold individually as well. Units are leased to stable tenants and currently generate strong income, with the potential for growth upon turnover.
PROPERTY FACTS
| Price | $3,100,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $775,000 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 4.49% | Building Size | 8,360 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Price | $3,100,000 CAD |
| Price Per Unit | $775,000 CAD |
| Sale Type | Investment |
| Cap Rate | 4.49% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 8,360 SF |
| No. Stories | 2 |
| Year Built | 2025 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 4 | - | 2,072 - 2,090 |
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46150 Thomas Rd
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