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$985,000

45582 MEADOWBROOK DRIVE, Chilliwack Proper South

Chilliwack · MLS® R3158435

5 bed · 4 bath · 3,309 sq ft · 3,912 sq ft lot

House · Single Family · built 2018 · 46 days on market

Listed by Harsh Gill, SRS Hall of Fame Realty

Realtor's description

Built by renowned Van Maren Group, this stunning 5-bed, 4-bath home offers 3,000+ sq. ft. of stylish living.** Bright open-concept main floor with a dedicated den, chef's kitchen featuring gas range, stone counters, oversized island & walk-in pantry. Fully finished basement includes a 1-bedroom in-law suite with separate entrance"-perfect for extended family. Private fenced yard, RV parking, and unbeatable access to schools, parks, shopping, dining & transit.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 3,309 sq ft
Lot: 3,912 sq ft
Parking: 0
Year built: 2018
Property tax: $5,097 / yr
Days on market: 46
MLS®: R3158435

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-23%)

Price per sq ft: $298 vs $386 median for houses in Chilliwack for sale (546)

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 46 days · no price changes so far

The market here

Listed now: 56 days; median for 553 houses for sale; this one 46 days

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

Monthly cost

$4,716/mo

Mortgage $4,292 · Tax $425

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

estimated payment

$4,292/ monthly

loan $788,000

25-year amortization

down payment20% · $197,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $499,465
property transfer tax: $17,700; BC general rate
cash to close: $214,700; down + PTT
total paid: $1,287,465

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

Suite rent: $1,222/mo
Your cost after the suite: $3,767/mo; vs $4,891 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $4,292 · tax $425 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 3+ bedroom (1-bedroom for the suite) 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

Lot outline: 363 m² (3,907 sq ft) · PID 029-948-363. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

ChilliwackGoogle Maps ↗

Location

ChilliwackGoogle Maps ↗

Schools

Catchment schools, Chilliwack School District 33

Elementary Bernard Elementaryhomes in this catchment
700 m away · 45465 Bernard Ave, Chilliwack · 604-795-7840
Middle A.D. Rundle Middlehomes in this catchment
100 m away · 45660 Hocking Ave, Chilliwack · 604-792-4257
Secondary Chilliwack Secondaryhomes in this catchment
2.2 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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