This 4 bedroom upper suite and 1 bedroom lower suite house is located next to the Vedder River in Chilliwack. Strong cash flow and long term tenants have made this investment a winner for our business.
Due to the strong economic fundamental in Chilliwack, the rents will continue to increase and the property value will soar.
Located near public elementary and middle schools, shopping, RCMP Training Facility, University of the Fraser Valley, Justice Institute, CFB Chilliwack, Twin Rinks and most importantly, the Vedder River. The Vedder River has over 10 kilometers or graveled path for runner, walking and biking as well as access to some of the best fishing in the world, all just steps out of the front door.
When people talk about “Beautiful British Columbia,” they might as well be talking about Chilliwack, BC. Chilliwack is nestled in a wide, fertile river valley surrounded by endless mountains, miles of crystal clear lakes, and acres of untamed wilderness. It is quite literally one of the most extraordinary areas of the planet.
As part of the Greater Vancouver/Lower Mainland Economic Region, Chilliwack enjoys some of the same benefits as Vancouver: Canada’s low cost dollar, proximity to major markets (the Pacific Rim), and easy access to the United States. Even with all these benefits, Chilliwack has more to offer with a lower cost of living and competitive labour, energy, land and housing costs.
With a growing population of 81,000, an ever-expanding infrastructure of leisure facilities, a mild climate, a vast array of recreational opportunities, shopping, arts and culture and a continuously growing education district (Canada Education Park), Chilliwack is fast becoming the destination of choice for many new businesses and residents. In fact, major corporations, like Stream Global Services, Kal-Tire, IMW Industries, Rogers Foods, Ritchie Bros. Auctioneers, and Coast Hotels and Resorts discovered these competitive advantages and have chosen to establish operations in Chilliwack.
Competitive costs, combined with a strong economy and a superb quality of life, make Chilliwack one of the best places in the world to locate a business.