8971 Nowell St, Chilliwack, BC, MLS® R3010442

$525,000
Est. Mortgage /mo

8.7% price reduce, 52.19% cheaper than comparables

$525,000
$575,000
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 7487 sqft
0 sqft
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8971 Nowell St, Chilliwack, BC | MLS® R3010442 Property Details

8.7% price reduce
52.19% cheaper than comparables

7,489 sq. ft. corner lot located at Nowell Street and Fifth Avenue in central Chilliwack. Zoned M1A for residential light industrial use, this property is perfect for home based businesses, live work developments, or a variety of innovative projects such as woodworking, auto detailing, small manufacturing, live work studios, pet grooming and more? Buyers should confirm details with the City. Conveniently located close to shopping, dining, parks, schools, and transit. The City of Chilliwack also indicates potential eligibility for small scale housing under BC’s new legislation. A truly unique lot offering limitless possibilities. Schedule your showing today!

General Info

Price $499,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 7487.22
Lot Size Depth Feet
Lot Size Frontage 66.2
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 # R3010442
Area Chilliwack
Neighbourhood Chilliwack Downtown
City Chilliwack
Gross Taxes $4,432.86
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 M1-A
Rental Suites -
# of Kitchens -
Locker -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: Planet Group 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
Country Echoes Parochial School
0 km
No Rating
Secondary
The Chinese Academy
0 km
No Rating

Closest Transit

Chilliwack
Young Rd at Cheam (NB)
0.31 km

The closest Elementary independent school to this home for sale located at 8971 Nowell Street is Country Echoes Parochial School with School's rating No Rating, located 0 km from this home.

The closest to this address 8971 Nowell Street Secondary independent school is The Chinese Academy with School's rating No Rating, located 0 km from this home

The closest Bus station is Young Rd at Cheam (NB) in 0.31 km away from this listing with - MLS® R3010442.

8.8% of people with university certificate/degree live in this neighbourhood adjacent to the 8971 Nowell Street which is Low in comparison with other BC neighbourhoods. 24.7% of population in this neighbourhood that is near the Listing MLS® R3010442 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 8971 Nowell Street, Chilliwack, BC is $37739 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3010442 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 # R3010442 is 10.6 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 8971 Nowell Street Chilliwack Downtown 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 8971 Nowell Street, 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 8971 Nowell Street 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® R3010442 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 8971 Nowell Street is 44 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 8971 Nowell Street, 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 8971 Nowell Street. $905 owners spent in average for the dwelling. Tenants are paying $804 in this district close to MLS® R3010442 and it is Below Average comparing to other cities.

54.3% of Population in this district near the 8971 Nowell Street are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 8971 Nowell Street, 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 8971 Nowell Street, 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 8971 Nowell Street, Chilliwack, BC using Public Transport which is Below Average, 82.4% of using population are using Cars around MLS® R3010442, which is Average. 3.4% of people using Bicycles around the 8971 Nowell Street 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 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 $525,000
Chilliwack $537,102
Chilliwack Downtown $799,000
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
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
Call or Text Now!
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