1 / 24

$350,000

405 45555 YALE ROAD, Chilliwack Proper South

Chilliwack · MLS® R3166852

2 bed · 2 bath · 850 sq ft

Condo · Single Family · built 2008 · 20 days on market

Listed by Nicole Johnston, eXp Realty

Realtor's description

TOP-FLOOR, CORNER UNIT with a SOUTH-FACING PATIO and tons of natural light"-this is one of the best spots in The Vibe! This bright and spacious 850 sq. ft. home features 2 bedrooms, 2 full bathrooms and a great layout that feels open and comfortable. Soak up the sun or BBQ dinner on the sunny patio, plus enjoy the bonus of 2 PARKING SPACES and a storage locker. Move-in ready, rental-friendly and cats allowed, making it a great fit for first-time buyers or investors. Quick Hwy 1 access and close to shopping, restaurants and everyday amenities. Welcome Home! * PREC - Personal Real Estate Corporation

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 850 sq ft
Parking: 0
Year built: 2008
Property tax: $1,569 / yr
Days on market: 20
MLS®: R3166852

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Typical for the area (-3.2%)

Price per sq ft: $412 vs $425 median for condos in Chilliwack for sale (174)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 20 days

The market here

Listed now: 55 days; median for 174 condos for sale; this one 20 days

Condos in Chilliwack. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$1,656/mo

Mortgage $1,525 · Tax $131

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

estimated payment

$1,525/ monthly

loan $280,000

25-year amortization

down payment20% · $70,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $177,475
property transfer tax: $5,000; BC general rate
cash to close: $75,000; down + PTT
total paid: $457,475

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,523/mo
After all costs: −$290/mo
Cap rate: 4.2%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,525 · tax $131 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-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 ↗

Location

ChilliwackGoogle Maps ↗

Schools

Catchment schools, Chilliwack School District 33

Elementary Bernard Elementaryhomes in this catchment
1.4 km away · 45465 Bernard Ave, Chilliwack · 604-795-7840
Middle A.D. Rundle Middlehomes in this catchment
800 m away · 45660 Hocking Ave, Chilliwack · 604-792-4257
Secondary Chilliwack Secondaryhomes in this catchment
2.8 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.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.