45871 ROWAT AVENUE, Chilliwack Proper South

Chilliwack · MLS® R3169350

3 bed · 2 bath · 1,673 sq ft · 4,219 sq ft lot

House · Single Family · built 9999 · 6 days on market

Listed by Rickneel Maharaj, Pathway Executives Realty Inc (Yale Rd)

Realtor's description

RARE M1 ZONED INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. Buy, hold, lease, develop, or build"-this is a unique opportunity to secure a strategically located M1-zoned property with exceptional long-term potential. * PREC - Personal Real Estate Corporation

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 1,673 sq ft
Lot: 4,219 sq ft
Parking: 0
Year built: 9999
Property tax: $3,079 / yr
Days on market: 6
MLS®: R3169350

Features

Refrigerator
Stove

Price check

Below typical for the area (-22%)

Price per sq ft: $299 vs $385 median for houses in Chilliwack for sale (540)

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 6 days

The market here

Listed now: 54 days; median for 540 houses for sale; this one 6 days

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

Monthly cost

$2,435/mo

Mortgage $2,178 · Tax $257

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

estimated payment

$2,178/ monthly

loan $399,920

25-year amortization

down payment20% · $99,98020%+ 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: $253,485
property transfer tax: $7,998; BC general rate
cash to close: $107,978; down + PTT
total paid: $653,405

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.

Location

ChilliwackGoogle Maps ↗

Location

ChilliwackGoogle Maps ↗

Schools

Catchment schools, Chilliwack School District 33

Elementary Robertson Elementaryhomes in this catchment
700 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
1.5 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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