Foreclosures, 17.9% price reduction

45083 South Sumas Rd, Chilliwack, BC

$3,200,000
Est. Mortgage /mo

MLS# R2927782

0 sqft
$3,200,000
$3,899,900
Est. /mo with 20% down
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

Foreclosures 17.9% price reduction

Your property search stops here! Fantastic potential with this extraordinary foreclosure property nestled in Sardis’ popular West Vedder area. Situated in an area currently zoned in the Official Community Plan (OCP) as RL, a previous PLA was granted for nine bare land strata lots and two fee simple lots over 1. 75 acres of the two adjoining properties. While potential rezoning may be on the horizon, the property is being sold as is/where is, so prospective purchasers and agents are encouraged to conduct thorough due diligence on rezoning and development.

General Info

Price $3,200,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 1.47
Lot Size Depth Feet
Lot Size Frontage 138.9
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R2927782
Building Name -
Area Sardis
Neighbourhood Sardis West Vedder
City Chilliwack
Postal Code V2R 1W5
Price per Sqft -
Gross Taxes $10,930.29
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Near Shopping
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning R1-A
Rental Suites -
# of Kitchens -
Locker -
View Description -
Units In Development -

Property Timeline

Status Date Price
R2927782 / Active 09-19-2024 $3,200,000
Listed by: RE/MAX Lifestyles Realty (Langley)

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
4.35 km
Elementary, Secondary
Highroad Academy
Above Average
5.87 km
7/10

Closest Transit

Bus Stop
Tyson at South Sumas (SB)
0.12 km
Skytrain
West Coast Express @ Mission City Station
23.73 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
10.5%
No Certificate/Degree
Above Average
16.2%
Owner Occupied
Average
64.7%
Employment Rate
Average
60.3%

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)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $911
Maintenance fee 0
A 20% down payment of $640,000 on this $3,200,000 listing yields an estimated mortgage of $12,222/month (30-year fixed, 4%). Total estimated housing cost: $13,133/month, $911 property tax.
or Call 778-918-5990
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%
With $7,728/month in estimated rental income against $13,366/month in mortgage payments, the monthly cashflow is -$5,638/month. A 57% down payment would reach break-even.
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 $3,200,000
Chilliwack Loading...
Sardis West Vedder Loading...
There are currently no active comparable Lands in Chilliwack to benchmark against. Check back as new listings enter the market. This property is flagged as a Hot Deal (Foreclosures, 17.9% 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

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

Property FAQs

What are the closest top-rated schools to 45083 South Sumas Road, Chilliwack, BC?
The closest top-rated schools are Highroad Academy and Cascade Christian School.
Is 45083 South Sumas Road, Chilliwack, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 45083 South Sumas Road, Chilliwack, BC?
With a standard down payment, the estimated monthly mortgage is approximately $19,200.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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