45656 Wellington Ave, Chilliwack, BC, MLS® R2989145

$788,000
Est. Mortgage /mo

34.3% price reduce

$788,000
$1,199,800
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
3 Baths
2 Stories
lot 7800 sqft
2520 sqft
1954 built
Show more info
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Map
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Schools
Crime
Commute
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45656 Wellington Ave, Chilliwack, BC | MLS® R2989145 Property Details

34.3% price reduce

ATTENTION INVESTORS!!! Rare Great opportunity for investors and first-time home buyers. Nice 5 bedroom home on large corner lot in Chillwack. 2 Bedrms + 2 bathrms + large kitchen, dining room and living room on main floor. Summer kitchen + 3 bedrms + full bathrm + family room downstairs. 2 Car garage + shop. Situated on a generous 7,800 sq. ft. lot on 65+ feet of frontage, Designated RES3 aligns with R5 Medium Density Zoning in the City of Chilliwack OCP. 45624 WELLINGTON AVE is building a 48-unit apartment building. Conveniently located near schools, shopping, parks, the cultural center, hospital, leisure landing centre, restaurants, downtown Chilliwack and much more! Dont miss out on this one!!! Rent it now and Develop later!!!

General Info

Price $788,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2520
Lot Size 7800
Lot Size Depth Feet
Lot Size Frontage 65
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2989145
Area Chilliwack
Neighbourhood Chilliwack Proper West
City Chilliwack
Gross Taxes $2,948.58
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Side Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites Other
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX City Realty

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
Chilliwack Adventist Christian School
1.03 km
No Rating
Elementary, Secondary
Highroad Academy
2.41 km
Rating 7/10

Closest Transit

Chilliwack
Corbould at Wellington (SB)
0.02 km

Welcome to the charming community of Chilliwack Proper West, where the warmth of small-town living meets the convenience of modern amenities. As we explore this beautiful neighborhood, you'll discover a blend of tranquility and excitement that makes it an ideal place to call home.

Let's start with the education system, a top priority for families. The closest elementary school to our featured property at 45656 Wellington Avenue, Chilliwack, BC, is Chilliwack Adventist Christian School, rated No Rating, yet conveniently located just 1.03 km away. For secondary education, Highroad Academy, with a rating of 7/10, is a 2.41 km drive from this lovely home.

Getting around is a breeze, thanks to the nearby Corbould at Wellington (SB) bus station, just 0.02 km away from our MLS listing R2989145. Whether you're commuting to work or running errands, public transportation is readily available.

As we delve into the demographics of this community, you'll notice a distinct blend of families and professionals. With 8.5% of residents holding a university certificate or degree, this neighborhood is home to a highly educated and driven population. However, 21.3% of the population has no certificate or degree, which is slightly above the average in BC.

In terms of income, the median household income near this dwelling is $61,696, which is below average compared to the British Columbia average. Median personal income is $29,724, also below average. However, 68.6% of households in this census subdivision have a mortgage, which is above average.

The unemployment rate in this area is 7.8%, which is average compared to other province neighborhoods. Population growth between 2011 and 2016 was 5.7%, which is above average in this region.

This real estate is situated in a community with a population density of 2,192.6 people per square kilometer, which is above average. The average family size in this area is 2.9, which is average compared to the whole region. However, 61% of families with children live in this community, making it an excellent choice for families.

The average age of the population near 45656 Wellington Avenue is 39.5, which is below average in comparison to other BC cities. The average value of dwellings in this neighborhood is $299,687, which is below average compared to other areas in British Columbia.

In terms of housing costs, average owner payments are below average in this area, with owners spending $1,064 on average for their dwellings. Tenants, on the other hand, pay an average of $1,090, which is average compared to other cities.

Interestingly, 31.2% of the population in this district are renters, which is above average compared to other BC cities and areas. The majority of residents, 94.8%, speak only English, making it an excellent choice for those who value a Canadian culture.

As for transportation, 2.1% of the population uses public transport, which is low. However, 88% of residents use cars, 1.2% use bicycles, and 6.4% walk, making it a relatively pedestrian-friendly community.

In conclusion, this charming community at 45656 Wellington Avenue, Chilliwack, BC, MLS listing R2989145, offers a unique blend of small-town charm and modern amenities, making it an excellent choice for families, professionals, and individuals looking for a peaceful and convenient place to call home.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $788,000
Chilliwack $832,911
Chilliwack Proper West $1,015,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
Thank you Your message has been sent

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