COVETED 2.32 acre lot in Riverstone Heights with PRIME DEVELOPMENT POTENTIAL! This is the original gated property boasting a beautifully maintained 2,557 sqft rancher w/ crawl space featuring 3 spacious bedrooms, 3 baths, a sunroom, sauna & two outbuildings & a back-up generator. The meticulous grounds are serviced by both city water & well water for irrigation, plus a septic system with sewer available at the lot line. Enjoy STUNNING VIEWS - or develop so others can also enjoy them! The surrounding development is all HIGHLY SOUGHT AFTER addresses. Located minutes from Cultus Lake, Garrison Crossing & Vedder River, this RARE PROPERTY offers two phenomenal options - estate lifestyle surrounded by beautiful grounds OR an exceptional investment & development opportunity! CALL TO VIEW
General Info
Price
$3,449,900
Total Bedrooms
3
Total Bathrooms
2
Half Bathrooms
1
Floor Area Total (sqft)
2557
Lot Size
2.32
Lot Size Depth
Feet
Lot Size Frontage
190
Basement
Crawl Space
Basement Features
-
Property Metrics
Year Built
1986
Age Of Building
39
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Rancher/Bungalow
Stories
1
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven, Range Top
Building Amenities
Sauna/Steam Room
Building Features
-
Structures
Residential Detached
Additional Details
MLS® #
R3042979
Building Name
-
Area
Cultus Lake & Area
Neighbourhood
Vedder Mountain
City
Cultus Lake
Postal Code
V2R 0K7
Price per Sqft
$1,349
Gross Taxes
$5,719.07
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Community Features
Shopping Nearby
Amenities Nearby
Sauna/Steam Room
Heating & Cooling
Fireplace
2
Heating Type
Forced Air
Utilities
Utility Type
Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer
Septic Tank
Water (WaterSource)
Public, Well Shallow
Parking
Parking Type
Carport Multiple, RV Access/Parking
Total Parking Spaces
10
Rooms
Floor
Type
Dimensions
Main Level
Living Room
14'5 x 14'5 ft
Main Level
Dining Room
14'10 x 14'10 ft
Main Level
Kitchen
11'9 x 11'9 ft
Main Level
Eating Area
12'1 x 12'1 ft
Main Level
Family Room
15'10 x 15'10 ft
Main Level
Laundry
13'5 x 13'5 ft
Main Level
Primary Bedroom
15'10 x 15'10 ft
Main Level
Walk-In Closet
6'2 x 6'2 ft
Main Level
Bedroom
10'7 x 10'7 ft
Main Level
Bedroom
9'11 x 9'11 ft
Main Level
Office
11'3 x 11'3 ft
Main Level
Sauna
5'11 x 5'11 ft
Main Level
Other
6'8 x 6'8 ft
Bathrooms
Floor
Ensuite
Pieces
Main Level
No
#2
Main Level
Yes
#3
Main Level
No
#4
Listed by:
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
6.93 km
Elementary, Secondary
Highroad Academy
8.03 km
Closest Transit
Bus Stop
Petawawa at Vedder (EB)
0.7 km
Skytrain
West Coast Express @ Mission City Station
24.80 km
Crime Rate
Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
High
Demographics
Post-Secondary Education
Below Average
12.7%
No Certificate/Degree
Above Average
18.4%
Owner Occupied
Average
64.9%
Employment Rate
Average
59.7%
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$477
Maintenance fee0
Financing 80% of the $3,449,900 asking price over 30 years at 4% results in approximately $13,653/month in total estimated carrying costs, $477 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 Payment0%
This listing generates an estimated $8,331/month in rental income, leaving a -$5,573/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% down.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$3,449,900
Cultus Lake
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Vedder Mountain
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No active comparables are currently available for this property type in Cultus Lake. Pricing context may be limited at this time.
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 45360 Magdalena Place, Cultus Lake, BC?
The closest top-rated schools are Cascade Christian School and Highroad Academy.
Is 45360 Magdalena Place, Cultus Lake, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 45360 Magdalena Place, Cultus Lake, BC?
With a standard down payment, the estimated monthly mortgage is approximately $20,699.
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