45902 Reece Ave, Chilliwack BC V2P 2Z2, Chilliwack, BC

$699,900
Est. Mortgage /mo

MLS® R2749004

Closed

$645,000
$799,900
Closed at 27 Apr 2023
Listing price: $699,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
1 Baths
1 Stories
lot 8712 sqft
1294 sqft
1933 built
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Property details

DEVELOPMENT OPPORTUNITY! Large square 8700+ sq ft lot with 66FT frontage currently zoned R1A. Official Community Plan calls for RES-2 (Medium Density Town Houses). Can be sold together with property next door (45912 Reece Avenue) with similar lot size. Located in central downtown location, walking distance to the redeveloped downtown core, shopping, recreation, schools, transit and more. Prime area for redevelopment. This 4 bedroom 1 bathroom rancher with converted loft (2 of the bedrooms located here) and large detached garage/workshop is an excellent holding property currently rented to long term quality tenants. Roof is approximately 15 yrs old (35 yr roof). Hot water tank replaced in fall 2022. Call now for an information package on this prime development opportunity!

General Info

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Property History

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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
0.51 km
No Rating
Elementary
Chilliwack Adventist Christian School
0.51 km
No Rating

Closest Transit

Chilliwack
Lewis at Cook (WB)
0.2 km

The closest Elementary independent school to this home for sale located at 45902 Reece Avenue, Chilliwack BC V2P 2Z2 is Chilliwack Adventist Christian School with School's rating No Rating, located 0.51 km from this home.

The closest to this address 45902 Reece Avenue, Chilliwack BC V2P 2Z2 Secondary independent school is Chilliwack Adventist Christian School with School's rating No Rating, located 0.51 km from this home

The closest Bus station is Lewis at Cook (WB) in 0.2 km away from this listing with - MLS® R2749004.

8.2% of people with university certificate/degree live in this neighbourhood adjacent to the 45902 Reece Avenue, Chilliwack BC V2P 2Z2 which is Low in comparison with other BC neighbourhoods. 26.1% of population in this neighbourhood that is near the Listing MLS® R2749004 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 45902 Reece Avenue, Chilliwack BC V2P 2Z2, Chilliwack, BC is $43187 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2749004 is $23787 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 74.7% which is High.

Unemployment rate in the area around Real Estate Listing # R2749004 is 9.9 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 45902 Reece Avenue, Chilliwack BC V2P 2Z2 where population change between 2011 and 2016 was 1.2%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 45902 Reece Avenue, Chilliwack BC V2P 2Z2, Chilliwack, BC is 3087.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 45902 Reece Avenue, Chilliwack BC V2P 2Z2 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2749004 is 60.5% and it is Average. % of Married or living common law is around 48.2% and it is Low.

Average age of the population close to the 45902 Reece Avenue, Chilliwack BC V2P 2Z2 is 40.7 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 45902 Reece Avenue, Chilliwack BC V2P 2Z2, Chilliwack, BC is $370266 and this is Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 45902 Reece Avenue, Chilliwack BC V2P 2Z2. $1074 owners spent in average for the dwelling. Tenants are paying $814 in this district close to MLS® R2749004 and it is Below Average comparing to other cities.

47.1% of Population in this district near the 45902 Reece Avenue, Chilliwack BC V2P 2Z2 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 45902 Reece Avenue, Chilliwack BC V2P 2Z2, Chilliwack, BC is 4.1%, it is Low, % of English speakers only is 95.6% and Above Average. % of Neither English nor French speakers close to home for sale 45902 Reece Avenue, Chilliwack BC V2P 2Z2, Chilliwack, BC is 0.3% and it is Low comparing to other BC cities.

2.8% of all population in the area around this property with the address 45902 Reece Avenue, Chilliwack BC V2P 2Z2, Chilliwack, BC using Public Transport which is Below Average, 82.4% of using population are using Cars around MLS® R2749004, which is Average. 4.2% of people using Bicycles around the 45902 Reece Avenue, Chilliwack BC V2P 2Z2 and it is High. 9.2% of population are walking which is Above Average

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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 $699,900
Chilliwack $760,000
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
778-918-5990
Call or Text Now!
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