Condo
$387,700
19% less per sq ft6 45915 CHEAM AVENUE, Chilliwack Downtown
Chilliwacklisted today
2 bd1 ba1,129 sq ft
MLS® R31735101 / 23
$335,000
216 46262 FIRST AVENUE, Chilliwack Proper East
Chilliwack · MLS® R3155193
1 bed · 1 bath · 818 sq ft
Condo · Single Family · built 2009 · 54 days on market
Listed by Veronica Cousins, eXp Realty of Canada Inc.
Realtor's description
Immaculate South Facing 1 Bed & Den / 1 Bath Condo at The Summit! This bright unit is turn-key, with beautiful mountain views quietly tucked away from the road, with tons of natural light pouring through. Featuring an open concept kitchen with stainless steel appliances, granite counter tops, gorgeous shaker cabinets, plenty of storage space, a spacious primary bedroom w/ walk-in-closet, and a large private balcony space. This is one of the most functional floorplans in the building, offering versatile condo living. Only steps to shops & dining at District 1881, and all levels of schools are within 5 minutes! This unit comes with a storage locker, and secure underground parking. Making it a perfect spot for first-time homebuyers, investors, or downsizers! Incredible value here!
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 818 sq ft
- Parking
- 0
- Year built
- 2009
- Property tax
- $1,605 / yr
- Days on market
- 54
- MLS®
- R3155193
Features
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
Monthly cost
$1,593/mo
Mortgage $1,460 · Tax $134
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
If you rented it out
- Rent
- $1,222/mo
- After all costs
- −$504/mo
- Cap rate
- 3.4%
- yearly net rent ÷ price
Costs: mortgage $1,460 · tax $134 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 1-bedroom in Chilliwack (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
ChilliwackGoogle Maps ↗
Schools
Catchment schools, Chilliwack School District 33
- Elementary Central Elementary Community Schoolhomes in this catchment
900 m away · 9435 Young Rd, Chilliwack · 604-792-8537
- Middle Chilliwack Middlehomes in this catchment
500 m away · 46354 Yale Rd, Chilliwack · 604-795-5781
- Secondary Chilliwack Secondaryhomes in this catchment
500 m away · 46354 Yale Rd, Chilliwack · 604-795-5781
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.
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