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$454,900

501 45562 AIRPORT ROAD, Chilliwack Proper South

Chilliwack · MLS® R3160026

2 bed · 2 bath · 775 sq ft · 0 parking

Condo · Single Family · built 2021 · 33 days on market

Listed by Heather Bakker, Century 21 Creekside Realty

Welcome to The Elliot! This bright 2-bedroom, 2-bathroom home offers beautiful mountain views and a peaceful setting. The open concept layout features a modern kitchen with granite countertops, stainless steel appliances, and plenty of space for everyday living and entertaining. Premium laminate flooring flows throughout the main living area, giving the home a clean and updated feel. Complete with 1 parking stall and 1 storage locker. Head up to the rooftop patio to relax, unwind, and take in even more of the surrounding views. Conveniently located within walking distance to schools and just minutes from shopping, restaurants, recreation, golf, and Highway 1. A great option for first-time buyers, downsizers, or investors! * PREC - Personal Real Estate Corporation

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 775 sq ft
Parking: 0
Year built: 2021
Property tax: $2,223 / yr
Days on market: 33
MLS®: R3160026

Price per sq ft: $587 vs $423 median for condos in Chilliwack for sale (175)

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.

On market 33 days

Listed now: 56 days; median for 175 condos for sale; this one 33 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,167/mo

Mortgage $1,982 · Tax $185

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

estimated payment

$1,982/ monthly

loan $363,920

25-year amortization

down payment20% · $90,98020%+ 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: $230,667
property transfer tax: $7,098; BC general rate
cash to close: $98,078; down + PTT
total paid: $594,587

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.

Rent: $1,523/mo
After all costs: −$801/mo
Cap rate: 3.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,982 · tax $185 · 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

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