Condo
$369,900
316 8497 YOUNG ROAD, Chilliwack Proper South
Chilliwack59 days on market
MLS® R3155220
1 / 22
$327,000
407 45893 CHESTERFIELD AVENUE, Chilliwack Downtown
Chilliwack · MLS® R3022047
All units at 45893 Chesterfield Ave →1 bed · 1 bath · 687 sq ft
Condo · Single Family · built 2009 · 465 days on market
Listed by Linda Leite, Magsen Realty Inc.
Realtor's description
Beautiful top-floor unit, spacious (penthouse) with an open concept layout. The unit faces the mountain views. Updated bathroom with a new vanity and Quartz countertop, and undermount sink Kitchen Granite countertop with an eat-in bar. Maple cabinets with trendy, updated paint. Laminated flooring. In-suite laundry room that can be used as storage. Pro-active strata with a good maintenance program in place. Proximity to elementary, middle, and secondary schools. Enjoy being within a vibrant community, a walking distance to commercial establishments, and enjoy the sunny walk in the sunny 1881 District of the downtown core, a popular tourist destination, reminiscent of a European Village-like and historic charm. The vibrant community with friendly family events, restaurants, and retail shops.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 687 sq ft
- Parking
- 0
- Year built
- 2009
- Property tax
- $1,360 / yr
- Days on market
- 465
- MLS®
- R3022047
Features
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
Monthly cost
$1,538/mo
Mortgage $1,425 · Tax $113
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
- −$449/mo
- Cap rate
- 3.6%
- yearly net rent ÷ price
Costs: mortgage $1,425 · tax $113 · 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
1.2 km away · 46354 Yale Rd, Chilliwack · 604-795-5781
- Secondary Chilliwack Secondaryhomes in this catchment
1.2 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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