47005 Yale Rd, Chilliwack, BC, MLS® R3065185

$1,900,000
Est. Mortgage /mo

NEW

$1,900,000
Est. Mortgage /mo
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
5 Beds
3 Baths
2 Stories
lot 186000 sqft
3072 sqft
1985 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

47005 Yale Rd, Chilliwack, BC | MLS® R3065185 Property Details

Holding property or develop it. Has an active PLA to split one lot on yale approved and ready to start. Fully renovated 3,000 sqft home, with a great south facing view and almost 5K a month in rent coming in from the 2 suites with a total of 5 bedrooms and 3 full baths. Hard to say no to this one. Geo study done on solid rock. Close to other higher density subdivision's but still private enough for upscale development or leave it the way it is. Backs city park land. With just over 4 Aces, over 500 feet of total road frontage on Yale and Latimer and a keeper house. It is open to a lot of options.

General Info

Price $1,900,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3072
Lot Size 4.27
Lot Size Depth Feet
Lot Size Frontage 117.5
Basement Full, Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1985
Age Of Building 40
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3065185
Area Chilliwack
Neighbourhood Little Mountain
City Chilliwack
Gross Taxes $10,240.79
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Baseboard, Electric

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Garage Double, Open, Side Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R1A
Rental Suites Unauthorized Suite
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Valley
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Septic Tank
Roof Torch-On

Property History

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Status Date Price
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Listed by: HomeLife Advantage Realty Ltd

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 Info

Private Schools

Elementary
Chilliwack Adventist Christian School
2.06 km
Elementary, Secondary
Highroad Academy
2.18 km

Closest Transit

Bus Stop
Yale at McNaught (EB)
0.3 km
Skytrain
West Coast Express @ Mission City Station
28.12 km

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

Welcome to this beautiful home for sale, located at 47005 Yale Road in the heart of Chilliwack, BC. As we walk through the neighborhood, you'll notice the excellent schools, safe community, and convenient amenities that make this area a desirable place to call home.

Let's start with the schools. The closest Elementary independent school to this property is Chilliwack Adventist Christian School, with a rating of No Rating, located just 2.06 km away. This school is a great option for families who value a Christian education. For Secondary education, Highroad Academy is the closest option, with a rating of 7/10, located 2.18 km from this home.

As we make our way through the neighborhood, you'll notice the proximity to public transportation. The Yale at McNaught (EB) bus station is just 0.3 km away from this listing, making it easy to get to work or school without a car. (MLS® R3065185)

Now, let's talk about the demographics of this area. You'll find that 19.3% of the population in this neighborhood have a university certificate or degree, which is Average compared to other BC neighborhoods. On the other hand, 10.2% of the population have no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income in this area is $96,640, which is High compared to the British Columbia average. The median personal income is $39,104, which is Above Average compared to the BC average. You'll also notice that 47.1% of households in this area have a mortgage, which is Low.

The unemployment rate in this area is 3.7%, which is Low compared to other province neighborhoods. This makes it an attractive area for families and professionals looking to establish a career.

As we explore the community, you'll notice that the population change between 2011 and 2016 was 3.2%, which is Above Average compared to the average growth rate of this region. The population density per square kilometre is 838.7, which is Average.

In terms of family dynamics, the average size of families in this area is 2.8, which is Below Average compared to the whole region. However, 48.3% of families in this area have children, which is Below Average. On the other hand, 67.6% of families are married or living common law, which is High.

The average age of the population in this area is 45.4, which is Above Average compared to other BC cities. This makes it an attractive area for families and professionals looking to establish a career.

In terms of real estate, the average value of dwellings in this neighborhood is $580,928, which is High compared to other areas in British Columbia. The average owner payments are Average, with owners spending $1,293 on average for their dwelling. Tenants, on the other hand, pay $1,197 on average, which is Above Average compared to other cities.

You'll also notice that 10.5% of the population in this area are renters, which is Below Average compared to other BC cities and areas. The majority of residents, 92%, speak only English, which is Average. 1% of the population speak neither English nor French, which is Average.

When it comes to transportation, 2.1% of the population in this area use public transport, which is Low. On the other hand, 96.9% of the population use cars, which is High. 0% of the population use bicycles, and 0% walk, which is also Low.

This home for sale, located at 47005 Yale Road, Chilliwack, BC, MLS® R3065185, is a great option for families and professionals looking for a safe and convenient community. With excellent schools, low crime rates, and a range of amenities, this area is a desirable place to call home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,900,000
Chilliwack No comparables
Little Mountain No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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