Condo
$387,700
19% less per sq ft6 45915 CHEAM AVENUE, Chilliwack Downtown
Chilliwacklisted today
2 bd1 ba1,129 sq ft
MLS® R31735101 / 40
$324,900
803 45745 PRINCESS AVENUE, Chilliwack Proper West
Chilliwack · MLS® R3128301
2 bed · 1 bath · 907 sq ft
Condo · Single Family · built 1994 · 133 days on market
Listed by Serena Laye, Pathway Executives Realty Inc.
Realtor's description
Bright south-facing penthouse unit featuring 2 bedrooms, 1 bathroom, stunning mountain views, and a bright open-concept layout filled with natural light. Located in the heart of downtown Chilliwack, just steps to District 1881, the Coliseum, shopping, dining, and more. This well-maintained, fully rain-screened building offers underground parking, a storage locker, guest suite, exercise room, garden area, numerous updates, a proactive council, and a solid contingency reserve fund. Rentals allowed, making this a fantastic opportunity for first-time buyers, downsizers, or investors. Don't miss your chance to own in one of Chilliwack's fastest-growing and most walkable communities! * PREC - Personal Real Estate Corporation
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 907 sq ft
- Parking
- 0
- Year built
- 1994
- Property tax
- $1,436 / yr
- Days on market
- 133
- MLS®
- R3128301
Features
- Washer
- Refrigerator
- Dishwasher
- Stove
- Dryer
Monthly cost
$1,535/mo
Mortgage $1,416 · Tax $120
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
If you rented it out
- Rent
- $1,523/mo
- After all costs
- −$169/mo
- Cap rate
- 4.6%
- yearly net rent ÷ price
Costs: mortgage $1,416 · tax $120 · 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 ↗
Schools
Catchment schools, Chilliwack School District 33
- Elementary Central Elementary Community Schoolhomes in this catchment
400 m away · 9435 Young Rd, Chilliwack · 604-792-8537
- Middle Chilliwack Middlehomes in this catchment
1.1 km away · 46354 Yale Rd, Chilliwack · 604-795-5781
- Secondary Chilliwack Secondaryhomes in this catchment
1.1 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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