NEW
308 8725 Elm Dr, Chilliwack, BC
$309,900
Est. Mortgage /mo
MLS# R3095774 · Elmwood Terrace
2
Beds
2
Baths
1155
sqft
268
$
/sqft
543
$
Maint. fee
1986
built
Property Details & Specs
Rare penthouse priced below assessed value! Don’t miss this bright & spacious 2 bed, 2 bath corner unit offering 1,155 sq ft in quiet 55+ Elmwood Terrace. Skylit entry, laminate floors, and an enclosed sunroom with stunning mountain views. Generous primary bedroom with walk-in closet & ensuite. In-suite storage plus 2nd storage on the same floor. Strata fee includes heat & hot water. Old but well functioning A/C unit in the suite. Amenities: meeting room, pool table, exercise room, woodworking shop. Secure underground parking + visitor stalls. Central location—walk to hospital, shops & dining. Quick possession possible. Excellent value in a well-maintained, friendly non-smoking building.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Primary Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Laundry | 8' x 8' ft |
| Main Level | Storage | 5' x 5' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
Listed by: RE/MAX Blueprint
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, Secondary
- Highroad Academy
- Above Average
- 1.1 km
- Elementary, Secondary
- Highroad Academy
- Above Average
- 1.1 km
Closest Transit
- Bus Stop
- Young Rd at Rowat Ave (SB)
- 0.35 km
- Skytrain
- West Coast Express @ Mission City Station
- 26.01 km
Crime Rate
- Total Crime Rate
- Above Average
- Violent Crime Rate
- Above Average
- Property Crime Rate
- High
Demographics
- Post-Secondary Education
- Below Average
- 9.5%
- No Certificate/Degree
- Above Average
- 21.6%
- Owner Occupied
- Average
- 66.1%
- Employment Rate
- Average
- 57.6%
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
$139
Maintenance fee
0
Financing 80% of the $309,900 asking price over 30 years at 4% results in approximately $1,866/month in total estimated carrying costs, $139 property tax, $543 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%
This listing generates an estimated $1,659/month in rental income, leaving a -$243/month cashflow at current carrying costs. Investors targeting break-even would need roughly 37% 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
$309,900
Chilliwack
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Chilliwack Proper South
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5 comparable Apartment/Condos are currently active in Chilliwack Proper South, with a median asking price of $327,950. This property is listed 5.5% below the local average and 4.7% below the Chilliwack average.
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
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
Property FAQs
What are the closest top-rated schools to 308 8725 Elm Drive, Chilliwack, BC?
The closest top-rated schools are Highroad Academy and Highroad Academy.
Is 308 8725 Elm Drive, Chilliwack, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 308 8725 Elm Drive, Chilliwack, BC?
With a standard down payment, the estimated monthly mortgage is approximately $1,859.
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