316 8497 YOUNG ROAD, Chilliwack Proper South
Chilliwack · MLS® R3155220
All units at 8497 Young Rd →1 bed · 1 bath · 752 sq ft
Condo · Single Family · built 2023 · 58 days on market
Listed by Lee Hansen, Sutton Group-West Coast Realty (Abbotsford)
Realtor's description
Chilliwack's best value condos with 113 suites and 19 floor plans. No age restriction and pet friendly. Our B1A plan features include a spacious 1 bedroom and a den, Air Cond, Quartz Counters, 6 quality Appliances, King Size Bedrooms, Wide plank scratch resistant flooring, LED lighting, Window Blinds, Screens, 9' Ceilings, Glass Solarium Deck Enclosure, Low strata fees, Fitness room, Pool Table, Ping Pong Table, Car wash and Vac, Extra Parking available, Storage, EV Car Charge Available & Much More! Open House 12:00-3:00 weekends or by private appt for serious Buyers.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 752 sq ft
- Parking
- 0
- Year built
- 2023
- Property tax
- $2,030 / yr
- Days on market
- 58
- MLS®
- R3155220
Features
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
Floor plans
Found among the listing photos.
Monthly cost
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
- −$692/mo
- Cap rate
- 3.0%
- yearly net rent ÷ price
Costs: mortgage $1,612 · tax $169 · 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
Schools
Catchment schools, Chilliwack School District 33
- Elementary Robertson Elementaryhomes in this catchment
300 m away · 46106 Southlands Cres, Chilliwack · 604-795-5312
- Middle A.D. Rundle Middlehomes in this catchment
700 m away · 45660 Hocking Ave, Chilliwack · 604-792-4257
- Secondary Chilliwack Secondaryhomes in this catchment
1.9 km 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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