45360 Magdalena Pl, Cultus Lake, BC

$3,449,900
Est. Mortgage /mo

MLS® R3042979

3 Beds
3 Baths
2557 sqft
1349 $ /sqft
1986 Built
$3,449,900
Est. /mo with 20% down
$1,349/sqft · Tax $5,719/2024
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

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
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 fee 0
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 Payment 0%
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

Beds Home Types Square Feet Lot Size Year Built
This Home $3,449,900
Cultus Lake Loading...
Vedder Mountain Loading...
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

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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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