8593 Forest Gate Dr, Chilliwack, BC, MLS® R3040129

$499,900
Est. Mortgage /mo

$499,900
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 7398 sqft
0 sqft
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8593 Forest Gate Dr, Chilliwack, BC | MLS® R3040129 Property Details

Rare opportunity to own a lot under $500K in a neighbourhood surrounded by homes over a million dollars! Just a short walk to the renowned Falls Golf Course, this expansive 7,398 sq. ft. property is located in Chilliwack’s highly desirable Eastern Hillside community. Situated at the end of a quiet cul-de-sac, the lot offers privacy, a family-friendly atmosphere, and stunning natural surroundings. There’s plenty of space to design and build your dream home—whether it’s a contemporary showpiece or a cozy retreat. Don’t miss your chance to secure this premium lot in one of Chilliwack’s most sought-after locations.

General Info

Price $499,900
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 7398
Lot Size Depth Feet
Lot Size Frontage 47
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 # R3040129
Area Chilliwack
Neighbourhood Eastern Hillsides
City Chilliwack
Gross Taxes $1,993.37
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Golf
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Available, 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 R3
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description MOUNTAIN VIEW, FOREST VIEW
Units In Development -

Property History

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Status Date Price

Listed by: Coldwell Banker Universe 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
Unity Christian School
1.12 km
Rating 7.8/10
Elementary, Secondary
Unity Christian School
1.12 km
Rating 7.8/10

Closest Transit

Chilliwack
Yale at McGrath (EB)
3.13 km

Imagine you're strolling through the charming community of Eastern Hillsides, where the tranquil atmosphere and picturesque surroundings make it an ideal place to call home. Let's explore the neighborhood together, starting with the educational institutions that shape the lives of families in this area.

Just a short 1.12 km away from 8593 Forest Gate Drive, Chilliwack, BC, lies Unity Christian School, a highly rated elementary independent school with a 7.8/10 rating. This school is an excellent choice for families who value a strong educational foundation, and its proximity to your future home makes it an attractive option for those with school-aged children. Just down the road, you'll also find Unity Christian School for secondary education, which shares the same exceptional rating and convenient location.

As we make our way through the community, let's talk about the local amenities that make Eastern Hillsides a wonderful place to live. The closest bus station is Yale at McGrath (EB), located just 3.13 km away from this listing, making it easy to get around without a car.

Now, let's dive into the demographics of this vibrant neighborhood. According to data, 17.8% of the population in this area has a university certificate or degree, which is average compared to other BC neighborhoods. However, 12.7% of the population has no certificate or degree, which is below average. This suggests that the community is home to a mix of educated professionals and families who value lifelong learning.

In terms of income, the median household income in this neighborhood is $100,901, which is high compared to the British Columbia average. The median personal income is $40,464, also above average. Furthermore, 71.2% of households in this area have a mortgage, indicating a strong sense of homeownership and community stability.

When it comes to employment, the unemployment rate in this area is 4.2%, which is low compared to other province neighborhoods. This suggests that the economy is thriving, and residents have access to a range of job opportunities.

As we explore the community's growth and development, we notice that the population change between 2011 and 2016 was 35.7%, which is high compared to the average growth rate of this region. This suggests that the area is attractive to new residents and families, contributing to its vibrant and dynamic atmosphere.

Now, let's talk about the size and structure of families in this community. The average family size is 3.1, which is above average compared to the whole region. Furthermore, 55.7% of families in this area have children, which is average. The percentage of married or living common law couples is 72.8%, which is high.

In terms of age, the average age of the population in this area is 37.5, which is below average compared to other BC cities. This suggests that the community is home to a mix of young families and professionals who value a strong sense of community and connection.

As we discuss the real estate market in this area, we note that the average value of dwellings is $682,346, which is high compared to other areas in British Columbia. Average owner payments are also high, with homeowners spending $1,703 on average for their dwellings. Tenants, on the other hand, pay an average of $1,646, which is also high.

In terms of housing tenure, 14.2% of the population in this area are renters, which is below average compared to other BC cities and areas. This suggests that homeownership is a strong value in this community, and many residents have invested in their homes.

Finally, let's talk about language and transportation in this area. The percentage of English and French speakers is 4.6%, which is below average. However, 95.1% of the population speaks English only, which is above average. Zero percent of the population speaks neither English nor French, which is also below average.

In terms of transportation, 1.1% of the population in this area uses public transport, which is low. However, 97% of residents use cars, which is high. Zero percent of residents use bicycles, and 1.1% walk, which is also low. This suggests that the community is car-dependent, but there are opportunities for alternative transportation modes.

In conclusion, the community of Eastern Hillsides, where 8593 Forest Gate Drive, Chilliwack, BC, is located, offers a unique blend of educational institutions, local amenities, and demographic characteristics that make it an attractive place to call home. With its high median household income, low unemployment rate, and strong sense of community, this area is perfect for families, professionals, and individuals who value a peaceful and picturesque lifestyle.

If you're looking for a home that offers the best of both worlds – a tranquil atmosphere and easy access to amenities –

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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 $499,900
Chilliwack $539,313
Eastern Hillsides $438,325
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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