46072 FIFTH AVE, Chilliwack BC V2P 1M7, Chilliwack, BC

$774,900
Est. Mortgage /mo

MLS® R2890549

Closed

$750,000
Closed at 27 Sep 2024
Listing price: $774,900
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
2 Baths
2 Stories
lot 7392 sqft
1951 sqft
1948 built
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Map
Street view
Schools
Crime
Commute
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Property details

Introducing a prime investment opportunity in Chilliwack, BC! This spacious 4-bed, 2-bath home boasts a lucrative feature: a separate 2-bed suite with its own entrance, offering rental income potential. Situated on a generous 7300+ sqft lot in the M1-A zone, this property is conveniently located near downtown, amenities, and shopping centers. With its strategic position close to District 1881, it appeals to both investors and families seeking rental income or multi-generational living. Don't miss out on this gem with promising future land potential!

General Info

Price $774,900
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1951
Lot Size 7392
Lot Size Depth Feet
Lot Size Frontage 56
Basement Full, Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1948
Age Of Building 76
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2890549
Area Chilliwack
Neighbourhood Chilliwack Downtown
City Chilliwack
Gross Taxes $2,680.21
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Baseboard, Electric

Utilities

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

Parking

Parking Type Additional Parking, Open, RV Access/Parking
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning M1-A
Rental Suites Unauthorized Suite
# of Kitchens 2
Foundation Concrete Perimeter
Locker -
View 1
View Description Mountains
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Sold 09-27-2024 $774,900
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Listed by: Pathway Executives Realty Inc (Yale Rd)

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
St.Mary's School
0.95 km
Rating 7.7/10
Elementary, Secondary
Highroad Academy
1.25 km
Rating 7/10

Closest Transit

Chilliwack
Young Rd at Cheam (NB)
0.25 km

The closest Elementary independent school to this home for sale located at 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 is St.Mary's School with School's rating Rating 7.7/10, located 0.95 km from this home.

The closest to this address 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 Secondary independent school is Highroad Academy with School's rating Rating 7/10, located 1.25 km from this home

The closest Bus station is Young Rd at Cheam (NB) in 0.25 km away from this listing with - MLS® R2890549.

8.8% of people with university certificate/degree live in this neighbourhood adjacent to the 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 which is Low in comparison with other BC neighbourhoods. 24.7% of population in this neighbourhood that is near the Listing MLS® R2890549 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 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7, Chilliwack, BC is $37739 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2890549 is $22976 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 61% which is Average.

Unemployment rate in the area around Real Estate Listing # R2890549 is 10.6 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 Chilliwack Downtown where population change between 2011 and 2016 was -3%. This is Below Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7, Chilliwack, BC is 2927.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2890549 is 57.8% and it is Average. % of Married or living common law is around 42.8% and it is Low.

Average age of the population close to the 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 is 44 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7, Chilliwack, BC is $273492 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Low in the area adjacent to 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7. $905 owners spent in average for the dwelling. Tenants are paying $804 in this district close to MLS® R2890549 and it is Below Average comparing to other cities.

54.3% of Population in this district near the 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7, Chilliwack, BC is 3.7%, it is Low, % of English speakers only is 95.7% and Above Average. % of Neither English nor French speakers close to home for sale 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7, Chilliwack, BC is 0.7% and it is Below Average comparing to other BC cities.

4% of all population in the area around this property with the address 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7, Chilliwack, BC using Public Transport which is Below Average, 82.4% of using population are using Cars around MLS® R2890549, which is Average. 3.4% of people using Bicycles around the 46072 FIFTH AVENUE, Chilliwack BC V2P 1M7 and it is High. 9.1% 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 $774,900
Chilliwack $1,033,000
Chilliwack Downtown 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
Call or Text Now!
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