5482 Crimson Ridge, Chilliwack, BC, MLS® R3036068

$699,900
Est. Mortgage /mo

$699,900
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
0 Stories
lot 7314 sqft
0 sqft
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5482 Crimson Ridge, Chilliwack, BC | MLS® R3036068 Property Details

Opportunity knocks on the elite street of Crimson Ridge in one of Promontory's most sought-after neighbourhoods. This 7,300+ square foot lot has the foundation poured already and is waiting to be finished into a stunning home with amazing views! Building plans are available upon an accepted offer. Plans are to build a 4,000+ square foot 2-storey home with a basement and suite. Lot sizes are approximate and to be verified by the buyers or the buyer's agent.

General Info

Price $699,900
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 7314
Lot Size Depth Feet
Lot Size Frontage 66
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R3036068
Area Sardis
Neighbourhood Promontory
City Chilliwack
Gross Taxes $3,454.06
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning CD-5
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description Mountains and Valley
Units In Development -

Property History

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Status Date Price

Listed by: RE/MAX Nyda Realty 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
6.15 km
No Rating
Elementary, Secondary
Highroad Academy
6.93 km
Rating 7/10

Closest Transit

Chilliwack
Thomas at Remington (EB)
0.62 km

Imagine strolling through the charming neighborhood surrounding the beautiful home for sale at 5482 Crimson Ridge in Chilliwack, British Columbia. As we walk, let me share with you the best aspects of this community that make it the perfect place to call home.

Just a short drive from here, we have an excellent Elementary school, Cascade Christian School, with a school rating of No Rating. Although it may not be the highest rated, families appreciate the quality education and values it provides. Located approximately 6.15 km from the home, it's an excellent choice for those looking for a faith-based education.

For Secondary education, Highroad Academy is the closest independent school to the address 5482 Crimson Ridge. With a rating of 7/10, it's an excellent choice for students looking for a smaller class size and more personalized attention. Located approximately 6.93 km from the home, it's easily accessible for families.

As we make our way back to the home, let's stop by the Thomas at Remington (EB) bus station, which is just 0.62 km away. With convenient public transportation options nearby, you'll have no trouble getting around Chilliwack or exploring the surrounding areas.

Now, let's talk about the demographics of this lovely neighborhood. According to Statistics Canada's 2020 report, 15.7% of people in the area have a university certificate or degree, which is Average compared to other BC neighborhoods. However, 14.8% of the population in this area have no certificate or degree, which is Below Average compared to the average in BC.

In terms of income, the median household income in the area is $92,858, which is Above Average compared to the British Columbia average. The median personal income is $38,101, which is also Above Average. Furthermore, 79.2% of households in this census subdivision have a mortgage, which is High.

As we explore the area around the home for sale (MLS® R3036068), we find that the unemployment rate is 6.4%, which is Below Average compared to other province neighborhoods.

The population change between 2011 and 2016 in this area was 19.8%, which is High compared to average growth rates in this region. With a population density of 1,599.6 people per square kilometer, this community is Average in terms of population density.

Now, let's talk about families. The average size of families in the area is 3.1, which is Above Average compared to the whole region. Furthermore, 64.5% of families in the area have children, which is Above Average. Additionally, 67% of the population is married or living common law, which is High.

In terms of age, the average age of the population in the area is 35.4, which is Low compared to other BC cities.

The average value of dwellings in the area is $458,182, which is Above Average compared to other areas in British Columbia.

As we explore the housing market, we find that the average owner payments are Above Average in the area, with owners spending an average of $1,495 on their dwelling. Tenants, on the other hand, are paying an average of $1,356, which is High compared to other cities.

In terms of renters, 12.7% of the population in the area are renters, which is Below Average compared to other BC cities and areas.

Finally, let's talk about language. The percentage of English and French speakers in the area is 5.2%, which is Below Average. However, 94.5% of the population speaks only English, which is Above Average. Additionally, 0.1% of the population speaks only French, which is Below Average. Finally, 0.3% of the population speaks neither English nor French, which is Low compared to other BC cities.

As we conclude our walk through the neighborhood surrounding 5482 Crimson Ridge, Chilliwack, BC, we hope you've seen the many wonderful aspects of this community that make it the perfect place to call home. With its excellent schools, convenient public transportation, and Above Average median household income, this area is a great choice for families and individuals alike.

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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 $699,900
Chilliwack $522,646
Promontory $561,250
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
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