8404 CHILLIWACK MOUNTAIN RD, Chilliwack BC V2R 3W8, Chilliwack, BC

$1,550,000
Est. Mortgage /mo

MLS® R2981558

$1,550,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
1 Baths
1 Stories
lot 24101 sqft
1302 sqft
1946 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Prime Industrial Development Opportunity in Chilliwack! Rare 0.54 acre lot located in a growing industrial area with excellent access to Hwy 1 via Lickman Rd interchange. Surrounded by CD-12 zoned industrial properties, this site is currently zoned AL with Official Community Plan (OCP) designation for future industrial use — offering excellent holding potential with lower taxes in the meantime.A well-maintained 1,300 sq.ft. home and a 20' x 40' shop with 10' ceilings. Future rezoning could accommodate a variety of uses including light manufacturing, food processing, general manufacturing, R&D labs, industrial services, warehousing, convenience commercial, and more. Excellent opportunity for investors, owner-users or developers looking to secure industrial land in prime Chilliwack.

General Info

Price $1,550,000
Total Bedrooms 2
Total Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1302
Lot Size 24101.47
Lot Size Depth Feet
Lot Size Frontage 181.44
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1946
Age Of Building 79
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2981558
Area Chilliwack
Neighbourhood West Chilliwack
City Chilliwack
Gross Taxes $7,251.18
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Front Access
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning AL
Rental Suites -
# of Kitchens 1
Flooring Laminate, Mixed, Vinyl
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Septic Tank
Roof Asphalt

Property History

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Status Date Price
Active - $1,550,000
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Listed by: City 2 City Real Estate Services Inc.

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.

Neighborhood Info

Private Schools

Elementary
Cascade Christian School
2.94 km
No Rating
Elementary, Secondary
Highroad Academy
5.09 km
Rating 7/10

Closest Transit

Chilliwack
Chilliwack Transit Centre
1.05 km

The closest Elementary independent school to this home for sale located at 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 is Cascade Christian School with School's rating No Rating, located 2.94 km from this home.

The closest to this address 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 Secondary independent school is Highroad Academy with School's rating Rating 7/10, located 5.09 km from this home

The closest Bus station is Chilliwack Transit Centre in 1.05 km away from this listing with - MLS® R2981558.

0% of people with university certificate/degree live in this neighbourhood adjacent to the 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 which is in comparison with other BC neighbourhoods. 31.6% of population in this neighbourhood that is near the Listing MLS® R2981558 have no certificate or degree. This number is High compared to the average in BC.

Median Household Income near this dwelling with the address 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8, Chilliwack, BC is $39744 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2981558 is $ which is in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 44.4% which is Low.

Unemployment rate in the area around Real Estate Listing # R2981558 is 40 which is High in comparison to the other province neighbourhoods.

This real estate is located in 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 where population change between 2011 and 2016 was 9.2%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8, Chilliwack, BC is 33.8 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2981558 is 50% and it is Below Average. % of Married or living common law is around 44% and it is Low.

Average age of the population close to the 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 is 48.8 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8, Chilliwack, BC is $447729 and this is Above Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8. $950 owners spent in average for the dwelling. Tenants are paying $791 in this district close to MLS® R2981558 and it is Below Average comparing to other cities.

35.7% of Population in this district near the 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8, Chilliwack, BC is 3.8%, it is Low, % of English speakers only is 100% and High. % of Neither English nor French speakers close to home for sale 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8, Chilliwack, BC is 0% and it is comparing to other BC cities.

0% of all population in the area around this property with the address 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8, Chilliwack, BC using Public Transport which is , 66.7% of using population are using Cars around MLS® R2981558, which is Low. 0% of people using Bicycles around the 8404 CHILLIWACK MOUNTAIN ROAD, Chilliwack BC V2R 3W8 and it is . 33.3% of population are walking which is High

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,550,000
Chilliwack No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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