5.8% price reduction

315 8497 Young Rd, Chilliwack, BC

$489,900
Est. Mortgage /mo

MLS® R2991521 · Mountain View Lane

2 Beds
2 Baths
878 sqft
558 $ /sqft
262.39 $ Maint. fee
2024 Built
$489,900
$519,900
Est. /mo with 20% down
$558/sqft
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

5.8% price reduction

The popular Mountainview Lane complex. Vacant. No GST. With easy access to Hwy #1 and set back off Young road for a quiet and safe setting. This top floor corner suite has plenty of natural light and views of many surrounding mountains. Quartz counter tops, stainless appliances and vinyl plank flooring. This unit shows like new. Enjoy the spacious deck enclosures that allow for year round enjoyment. Larger closet in the master bedroom with an ensuite that contains double sinks and a walk in shower. Air conditioning/heat pump for added comfort. No age restriction and a building and suite to be proud of. Move right in. pets allowed. Mountain views.

General Info

Price $489,900
Total Bedrooms 2
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 878
Lot Size -
Lot Size Depth -
Lot Size Frontage -
Basement None
Basement Features -

Property Metrics

Year Built 2024
Age Of Building 2
Building Type Apartment/Condo
Property Type Residential
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Building Amenities Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities, Sewer, Snow Removal, Water
Building Features -
Structures Multi Family, Residential Attached

Additional Details

MLS® # R2991521
Building Name Mountain View Lane
Area Chilliwack
Neighbourhood Chilliwack Proper South
City Chilliwack
Postal Code V2P 4P2
Price per Sqft $558
Gross Taxes 0
Ownership Type Freehold Strata
Maintenance Fee $262.39
Community Features Shopping Nearby
Amenities Nearby Bike Room, Exercise Centre, Trash, Maintenance Grounds, Management, Recreation Facilities, Sewer, Snow Removal, Water

Heating & Cooling

Fireplace 1
Heating Type Baseboard, Electric, Heat Pump
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Underground, Front Access, Asphalt
Total Parking Spaces 1
Listed by: Sutton Group-West Coast Realty (Abbotsford)

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Private Schools

Elementary
Cascade Christian School
0.62 km
Elementary, Secondary
Highroad Academy
1.59 km

Closest Transit

Bus Stop
Young Rd at Hocking Ave (SB)
0.14 km
Skytrain
West Coast Express @ Mission City Station
25.59 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
High

Demographics

Post-Secondary Education
Below Average
4.1%
No Certificate/Degree
Above Average
35.6%
Owner Occupied
Below Average
25.8%
Employment Rate
Below Average
18.2%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($97,980), the estimated monthly payment for this listing is $2,133/month — $1,871 principal & interest, $262 maintenance fee.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $2,057/month, this property runs a $133/month shortfall after mortgage and carrying costs. Break-even requires approximately 26% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $489,900
Chilliwack Loading...
Chilliwack Proper South Loading...
Based on 8 comparable active Apartment/Condos in Chilliwack Proper South, the average asking price is $463,467. This listing is priced 5.7% above the neighbourhood average. This property is flagged as a Hot Deal (5.8% price reduction) based on its competitive pricing and market demand.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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