46183 FIRST AVE, Chilliwack BC V2P 1W4, Chilliwack, BC

$998,000
Est. Mortgage /mo

MLS® R3024084

$998,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
2 Beds
4 Baths
2 Stories
lot 8489 sqft
2080 sqft
1946 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Incredible Development Opportunity in the Heart of Downtown Chilliwack! This 8,052 sq.ft. property offers excellent potential for redevelopment—zoned to accommodate up to a 12-unit apartment building with surface parking (check with City for confirmation). Rare back lane access adds even more flexibility for future design and access. The lot currently features a charming 2-bedroom, 1-bathroom rancher with an unfinished basement and a detached garage. The home is well-maintained by an excellent tenant who keeps the interior and exterior clean and tidy—ideal for holding while planning your development. Located just steps from District 1881, shops, restaurants, schools, transit, and other major amenities, this property offers both immediate rental income and long-term value.

General Info

Price $998,000
Total Bedrooms 2
Total Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 2080
Lot Size 8489
Lot Size Depth Feet
Lot Size Frontage 22
Basement Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1946
Age Of Building 79
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3024084
Area Chilliwack
Neighbourhood Chilliwack Proper East
City Chilliwack
Gross Taxes $3,186.92
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Open
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites Unauthorized Suite
# of Kitchens 1
Flooring Laminate, Tile
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $998,000
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Listed by: Royal LePage Global Force 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, Secondary
Highroad Academy
1.24 km
Rating 7/10
Elementary, Secondary
Highroad Academy
1.24 km
Rating 7/10

Closest Transit

Chilliwack
1st Ave at Nowell (WB)
0.11 km

The closest Elementary independent school to this home for sale located at 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 is Highroad Academy with School's rating Rating 7/10, located 1.24 km from this home.

The closest to this address 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 Secondary independent school is Highroad Academy with School's rating Rating 7/10, located 1.24 km from this home

The closest Bus station is 1st Ave at Nowell (WB) in 0.11 km away from this listing with - MLS® R3024084.

8.8% of people with university certificate/degree live in this neighbourhood adjacent to the 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 which is Low in comparison with other BC neighbourhoods. 24.7% of population in this neighbourhood that is near the Listing MLS® R3024084 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4, Chilliwack, BC is $37739 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3024084 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 # R3024084 is 10.6 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 Chilliwack Proper East 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4, 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 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® R3024084 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 is 44 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 46183 FIRST AVENUE, Chilliwack BC V2P 1W4, 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4. $905 owners spent in average for the dwelling. Tenants are paying $804 in this district close to MLS® R3024084 and it is Below Average comparing to other cities.

54.3% of Population in this district near the 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 46183 FIRST AVENUE, Chilliwack BC V2P 1W4, 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4, 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 46183 FIRST AVENUE, Chilliwack BC V2P 1W4, Chilliwack, BC using Public Transport which is Below Average, 82.4% of using population are using Cars around MLS® R3024084, which is Average. 3.4% of people using Bicycles around the 46183 FIRST AVENUE, Chilliwack BC V2P 1W4 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 $998,000
Chilliwack $1,236,667
Chilliwack Proper East 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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