45601 Fernway Ave, Chilliwack, BC, MLS® R2836617

$849,000
Est. Mortgage /mo

Closed

$835,000
$859,000
Closed at 27 Mar 2024
Listing price: $849,000
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
4 Beds
3 Baths
2 Stories
lot 6534 sqft
2489 sqft
1977 built
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Map
Street view
Schools
Crime
Commute
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45601 Fernway Ave, Chilliwack, BC | MLS® R2836617 Property Details

Perfect investment property in an area ready for re-development. Over 70' frontage with tons of parking and room for RV. Get in before the new BC regulations take affect in the summer of 2024 and these properties sky rocket in value. Over 2900 sqft, 5 bedrooms, 3 bathrooms. With a 200 amp service and separate entry this home is begging for a basement suite. Great cash flow with 3 bedroom basement suite and 2 bedrooms main floor. Vacant, ready for quick possession.

General Info

Price $849,000
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2489
Lot Size 6534
Lot Size Depth Feet
Lot Size Frontage 71
Basement Full, Partially Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1977
Age Of Building 47
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2836617
Area Chilliwack
Neighbourhood Chilliwack Proper West
City Chilliwack
Gross Taxes $3,327.47
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

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

Parking

Parking Type Garage Single, Front Access, Asphalt
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning R1-A
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Royal Lepage Wheeler Cheam

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
0.88 km
Elementary, Secondary
Highroad Academy
2.7 km

Closest Transit

Chilliwack
Corbould at Henderson (SB)
0.26 km
Skytrain
West Coast Express @ Mission City Station
25.22 km

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

The closest Elementary independent school to this home for sale located at 45601 Fernway Avenue is Chilliwack Adventist Christian School with School's rating No Rating, located 0.88 km from this home.

The closest to this address 45601 Fernway Avenue Secondary independent school is Highroad Academy with School's rating No Rating, located 2.7 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 13,462 volation disturbances in this neighbourhood. The overall crime rate near the address - 45601 Fernway Avenue, Chilliwack, BC is 13,509.55. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is -9.06%

Drug crime rate next to the listing MLS® R2836617 is High comparing to other neighbourhoods. The illegal substances offences rating is 832.93. There were 830 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 1.59%

Property crimes in the neighbourhood close to real estate listing for sale 45601 Fernway Avenue are High. Property misconduct rating adjacent to MLS® R2836617 is 5,818.48. There were 5,798 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.28%

There were 2,473 violent lawbreaking disorders in 2020. 2,481.74 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -3.54%

The closest Bus station is Corbould at Henderson (SB) in 0.26 km away from this listing with - MLS® R2836617.

8.2% of people with university certificate/degree live in this neighbourhood adjacent to the 45601 Fernway Avenue which is Low in comparison with other BC neighbourhoods. 26.1% of population in this neighbourhood that is near the Listing MLS® R2836617 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 45601 Fernway Avenue, Chilliwack, BC is $43187 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2836617 is $23787 which is Low in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 74.7% which is High.

Unemployment rate in the area around Real Estate Listing # R2836617 is 9.9 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 45601 Fernway Avenue Chilliwack Proper West where population change between 2011 and 2016 was 1.2%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 45601 Fernway Avenue, Chilliwack, BC is 3087.6 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 45601 Fernway Avenue is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2836617 is 60.5% and it is Average. % of Married or living common law is around 48.2% and it is Low.

Average age of the population close to the 45601 Fernway Avenue is 40.7 . This percentage is Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 45601 Fernway Avenue, Chilliwack, BC is $370266 and this is Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 45601 Fernway Avenue. $1074 owners spent in average for the dwelling. Tenants are paying $814 in this district close to MLS® R2836617 and it is Below Average comparing to other cities.

47.1% of Population in this district near the 45601 Fernway Avenue are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 45601 Fernway Avenue, Chilliwack, BC is 4.1%, it is Low, % of English speakers only is 95.6% and Above Average. % of Neither English nor French speakers close to home for sale 45601 Fernway Avenue, Chilliwack, BC is 0.3% and it is Low comparing to other BC cities.

2.8% of all population in the area around this property with the address 45601 Fernway Avenue, Chilliwack, BC using Public Transport which is Below Average, 82.4% of using population are using Cars around MLS® R2836617, which is Average. 4.2% of people using Bicycles around the 45601 Fernway Avenue and it is High. 9.2% of population are walking which is Above Average

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 $849,000
Chilliwack $902,258
Chilliwack Proper West 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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