12783 56 Avenue

Single Family Residence · For sale

Asking

$2,500,000

MLS® R3134121

Bedrooms: 3
Bathrooms: 1
Interior: 1,869 sqft
Lot: 101,494.8 sqft
Built: 1928
Parking: 4

The home

Investment Alert!! Rare opportunity to own a corner lot in the highly desirable Panorama Ridge neighbourhood. This property features an existing home that is currently tenant-occupied, providing rental income while you plan and build your dream home or investment property. Offering significant frontage in a sought-after location, the property is just steps from public transit and Colebrook Elementary School and enjoys stunning ocean views. Buyers are encouraged to conduct their own due diligence regarding zoning, redevelopment potential, permitted uses, servicing, and all municipal requirements.

Facts & features

Costs

Gross taxes (2026): $9,545

The property

Title: Freehold NonStrata
Storeys: 1
Levels: One
Basement: None
Heating: Mixed
Parking

Listed by Royal Pacific Lions Gate Realty Ltd.

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 assume no responsibility for its accuracy.

The numbers

What this home might cost per month.

Home priceDown payment20% · $500,000Interest rate4.75%Amortization25 years

Estimated payment

$11,349/mo

Mortgage amount: $2,000,000
Down payment: $500,000

Principal & interest only, compounded semi-annually as Canadian fixed mortgages are. Excludes property tax, strata, and insurance. An estimate — not a pre-approval.

Talk real numbers

Interested?

Come see this home.

Book a private showing or ask us anything — the strata, the street, what it’s really like at rush hour.

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