8687 ELM DR, Chilliwack BC V2P 4Y3, Chilliwack, BC

$898,000
Est. Mortgage /mo

MLS® R2995729

$898,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
2 Baths
1 Stories
lot 10018 sqft
1866 sqft
1954 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Rancher Duplex on 0.23 Acres – Backing onto Park! Fantastic investment or multi-family opportunity! This well-maintained rancher duplex sits on a large 0.23-acre lot backing onto a city park in a quiet, sought-after neighborhood. Each side features 2 bedrooms, 1 bathroom, spacious living/dining rooms, and in-suite laundry. Highlights include hardwood floors, tile updates, vinyl windows, a 3-year-old roof, and a new furnace on one side. One unit offers a covered patio and private fenced yard. Detached double garage + ample parking. Currently generating $3,800/month rental income. A rare find with great upside! The surrounding area offers convenient access to schools such as Robertson Elementary School, A D Rundle Middle School, Chilliwack Middle School.

General Info

Price $898,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1866
Lot Size 10018
Lot Size Depth Feet
Lot Size Frontage 135
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2995729
Area Chilliwack
Neighbourhood Chilliwack Proper South
City Chilliwack
Gross Taxes $3,500.35
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric

Utilities

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

Parking

Parking Type Detached, Garage Double, Side Access
Total Parking Spaces 6

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Strata Restrictions -
Rental Restrictions -
Zoning R1B
Rental Suites None
# of Kitchens 2
Flooring Carpet
Foundation Concrete Perimeter
Locker -
View 1
View Description Mountain
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $898,000
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Listed by: RE/MAX City 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
1.1 km
Rating 7/10
Elementary, Secondary
Highroad Academy
1.1 km
Rating 7/10

Closest Transit

Chilliwack
Young Rd at Rowat Ave (SB)
0.37 km

The closest Elementary independent school to this home for sale located at 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 is Highroad Academy with School's rating Rating 7/10, located 1.1 km from this home.

The closest to this address 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 Secondary independent school is Highroad Academy with School's rating Rating 7/10, located 1.1 km from this home

The closest Bus station is Young Rd at Rowat Ave (SB) in 0.37 km away from this listing with - MLS® R2995729.

9.5% of people with university certificate/degree live in this neighbourhood adjacent to the 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 which is Low in comparison with other BC neighbourhoods. 21.6% of population in this neighbourhood that is near the Listing MLS® R2995729 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 8687 ELM DRIVE, Chilliwack BC V2P 4Y3, Chilliwack, BC is $63707 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2995729 is $30822 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 66.1% which is Above Average.

Unemployment rate in the area around Real Estate Listing # R2995729 is 6 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 Chilliwack Proper South where population change between 2011 and 2016 was 2.9%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 8687 ELM DRIVE, Chilliwack BC V2P 4Y3, Chilliwack, BC is 1299.8 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2995729 is 57.6% and it is Average. % of Married or living common law is around 58.4% and it is Average.

Average age of the population close to the 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 is 40.6 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8687 ELM DRIVE, Chilliwack BC V2P 4Y3, Chilliwack, BC is $299965 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 8687 ELM DRIVE, Chilliwack BC V2P 4Y3. $1040 owners spent in average for the dwelling. Tenants are paying $1194 in this district close to MLS® R2995729 and it is Above Average comparing to other cities.

21.9% of Population in this district near the 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8687 ELM DRIVE, Chilliwack BC V2P 4Y3, Chilliwack, BC is 3.6%, it is Low, % of English speakers only is 95.8% and Above Average. % of Neither English nor French speakers close to home for sale 8687 ELM DRIVE, Chilliwack BC V2P 4Y3, Chilliwack, BC is 0.8% and it is Average comparing to other BC cities.

2.7% of all population in the area around this property with the address 8687 ELM DRIVE, Chilliwack BC V2P 4Y3, Chilliwack, BC using Public Transport which is Below Average, 91.8% of using population are using Cars around MLS® R2995729, which is Above Average. 1.7% of people using Bicycles around the 8687 ELM DRIVE, Chilliwack BC V2P 4Y3 and it is Above Average. 2.7% of population are walking which is Below 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 $898,000
Chilliwack $1,158,333
Chilliwack Proper South $808,000
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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