10 45137 NICOMEN CRESCENT, Garrison Crossing

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

rent

$2,360/mo

after all costs

−$1,544/mo

cap rate

2.8%

yearly net rent ÷ price

Costs: mortgage $3,267 · tax $273 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Chilliwack: CMHC's average there ($2,250) raised by what new tenants pay against everyone in the Chilliwack area, then down 2.5% with Chilliwack's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Catchment schools, Chilliwack School District 33

• Elementary Watson Elementaryhomes in this catchment

  800 m away · 45305 Watson Rd, Chilliwack · 604-858-9477

• Middle Option Area - Mount Slesse Middle / Vedder Middlehomes in this catchment
• Secondary Option Area - G.W. Graham Secondary / Sardis Secondaryhomes in this catchment

From the Chilliwack School District 33's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.