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46262 Uplands Rd 1.56 Acres of Residential Land Offered at $3,299,000 CAD in Chilliwack, BC
Investment Highlights
- Development Permit approved for 24 townhouse units, reducing entitlement risk.
- All utility services available at the property line for streamlined development.
- Positioned in a high-growth Chilliwack submarket with strong housing demand.
- Centrally located in Promontory, close to schools, parks, and shopping amenities.
- Scenic mountain views enhance the desirability of future residential units.
Executive Summary
Property Facts
| Price | $3,299,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Condition | Redevelopment Project | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.56 AC |
| Zoning | R4 - LOW DENSITY MULTI-UNIT RESIDENTIAL | ||
| Price | $3,299,000 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.56 AC |
| Zoning | R4 - LOW DENSITY MULTI-UNIT RESIDENTIAL |
1 Lot Available
Lot
| Price | $3,299,000 CAD | Lot Size | 1.56 AC |
| Price Per AC | $2,114,743.59 CAD |
| Price | $3,299,000 CAD |
| Price Per AC | $2,114,743.59 CAD |
| Lot Size | 1.56 AC |
This prime 1.56-acre development site at 46262 Uplands Road offers an exceptional opportunity in the rapidly growing Promontory neighborhood of Chilliwack, fully approved for 24 townhouse units.
Description
The site provides future residents with a family-friendly environment and convenient access to essential amenities. All utility services are available at the lot line, reducing upfront infrastructure costs and accelerating project timelines. The property’s elevated position offers scenic mountain views, enhancing the appeal of future homes. Promontory is a thriving submarket within Chilliwack, benefiting from steady population growth and proximity to major transportation routes, including Highway 1, which connects to Metro Vancouver in under 90 minutes. The area’s strong demographic profile, combined with limited new housing supply, positions this development for significant absorption and long-term value appreciation.
Presented by
46262 Uplands Rd
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