34.3% price reduction

45656 Wellington Ave, Chilliwack, BC

$788,000
Est. Mortgage /mo

MLS® R2989145

5 Beds
3 Baths
2520 sqft
313 $ /sqft
1954 Built
$788,000
$1,199,800
Est. /mo with 20% down
$313/sqft · Tax $2,949/2024
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

34.3% price reduction

ATTENTION INVESTORS!!! Rare Great opportunity for investors and first-time home buyers. Nice 5 bedroom home on large corner lot in Chillwack. 2 Bedrms + 2 bathrms + large kitchen, dining room and living room on main floor. Summer kitchen + 3 bedrms + full bathrm + family room downstairs. 2 Car garage + shop. Situated on a generous 7,800 sq. ft. lot on 65+ feet of frontage, Designated RES3 aligns with R5 Medium Density Zoning in the City of Chilliwack OCP. 45624 WELLINGTON AVE is building a 48-unit apartment building. Conveniently located near schools, shopping, parks, the cultural center, hospital, leisure landing centre, restaurants, downtown Chilliwack and much more! Dont miss out on this one!!! Rent it now and Develop later!!!

General Info

Price $788,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2520
Lot Size 7800
Lot Size Depth Feet
Lot Size Frontage 65
Basement Full
Basement Features -

Property Metrics

Year Built 1954
Age Of Building 71
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features -
Structures Residential Detached

Additional Details

MLS® # R2989145
Building Name -
Area Chilliwack
Neighbourhood Chilliwack Proper West
City Chilliwack
Postal Code V2P 2E6
Price per Sqft $313
Gross Taxes $2,948.58
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Garage Double, Side Access
Total Parking Spaces 4
Listed by: RE/MAX City Realty

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
Chilliwack Adventist Christian School
1.03 km
Elementary, Secondary
Highroad Academy
2.41 km

Closest Transit

Bus Stop
Corbould at Wellington (SB)
0.02 km
Skytrain
West Coast Express @ Mission City Station
25.23 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
8.5%
No Certificate/Degree
Above Average
21.3%
Owner Occupied
Average
68.6%
Employment Rate
Average
61%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 $246
Maintenance fee 0
A 20% down payment of $157,600 on this $788,000 listing yields an estimated mortgage of $3,010/month (30-year fixed, 4%). Total estimated housing cost: $3,256/month, $246 property tax.
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%
This listing has an estimated rental yield of $4,178/month, resulting in a +$791/month cashflow after mortgage and carrying costs — a strong investor profile.
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 $788,000
Chilliwack Loading...
Chilliwack Proper West Loading...
There are currently no comparable Single Family Residences active in Chilliwack Proper West. The Chilliwack-wide average for similar 5-bedroom properties is $683,167 (3 listings). This home is priced 15.3% above that benchmark. This property is flagged as a Hot Deal (34.3% 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

What are the closest top-rated schools to 45656 Wellington Avenue, Chilliwack, BC?

Is 45656 Wellington Avenue, Chilliwack, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 45656 Wellington Avenue, Chilliwack, BC?

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

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $5,556
0 of 17 missions
Your paragraph text

Sign up on Estateblock.com

$278 / 5%

Buy with us & save on this property

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent