Prime development opportunity in Chilliwack. Currently in rezoning from R4 to R1-A to allow a 2-lot subdivision with small-scale multi-unit housing potential. Proposed plans support up to 6 units total, including duplex-style homes with 1 suite on each lot. The property meets subdivision requirements and offers a usable building envelope without variances. Located on Ashwell Rd just off Spadina Ave in a mature neighbourhood with a mix of detached homes, townhomes, and apartments. Walking distance to The Landing, Chilliwack Cultural Centre, and Exhibition Field. Strong upside for builders and investors looking to maximize land value in a growing area. Buyer to verify building and developement guidelines.

Exterior Features

Structures	Land Only

Building Details

Price	$1,199,000
Property Type	Land
Ownership Type	Freehold NonStrata
Utility Type	Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource)	Public

Lot & Land

Lot Size	13939
Lot Size Depth	Feet
MLS^® #	R3031987
Area	Chilliwack
Neighbourhood	Chilliwack Proper West
City	Chilliwack
Postal Code	V2P 3W1
Gross Taxes	$6,010.31
Zoning	R4

Property Timeline

Status	Date	Price
R3031987 / Active	07-25-2025	$1,199,000

Listed by: Oakwyn Realty Ltd.

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.

Map & Neighbourhood

Private Schools

Elementary
St.Mary's School: Above Average; 1.08 km; 7.7/10
Elementary, Secondary
Highroad Academy: Above Average; 2.82 km; 7/10

Closest Transit

Bus Stop
Hodgins at Mavis (WB): 0.43 km
Skytrain
West Coast Express @ Mission City Station: 24.71 km

Crime Rate

Total Crime Rate: Above Average
Violent Crime Rate: Above Average
Property Crime Rate: High

Demographics

Post-Secondary Education: Below Average; 8.5%
No Certificate/Degree: Above Average; 21.3%
Owner Occupied: Average; 68.6%
Employment Rate: Average; 61%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Mortgage Calculator for 9388 Ashwell Road

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $501

Maintenance fee 0

A 20% down payment of $239,800 on this $1,199,000 listing yields an estimated mortgage of $4,579/month (30-year fixed, 4%). Total estimated housing cost: $5,080/month, $501 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: May 8, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

With $3,776/month in estimated rental income against $5,233/month in mortgage payments, the monthly cashflow is -$1,457/month. A 46% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.