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.
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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.
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Closest Transit
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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