45656 Wellington Ave, Chilliwack, BC, MLS® R2989145

$788,000
Est. Mortgage /mo

34.3% price reduction

$788,000
$1,199,800
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 7800 sqft
2520 sqft
1954 built
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Map
Street view
Schools
Crime
Commute
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45656 Wellington Ave, Chilliwack, BC | MLS® R2989145 Property Details

34.3% price reduction

ATTENTION INVESTORS!!! Rare Great opportunity for investors and first-time home buyers. Nice 5 bedroom home on large corner lot in Chillwack. 2 Bedrms + 2 bathrms + large kitchen, dining room and living room on main floor. Summer kitchen + 3 bedrms + full bathrm + family room downstairs. 2 Car garage + shop. Situated on a generous 7,800 sq. ft. lot on 65+ feet of frontage, Designated RES3 aligns with R5 Medium Density Zoning in the City of Chilliwack OCP. 45624 WELLINGTON AVE is building a 48-unit apartment building. Conveniently located near schools, shopping, parks, the cultural center, hospital, leisure landing centre, restaurants, downtown Chilliwack and much more! Dont miss out on this one!!! Rent it now and Develop later!!!

General Info

Price $788,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2520
Lot Size 7800
Lot Size Depth Feet
Lot Size Frontage 65
Basement Full
Basement Features BasementFeatures

Property Metrics

Year Built 1954
Age Of Building 71
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® # R2989145
Area Chilliwack
Neighbourhood Chilliwack Proper West
City Chilliwack
Gross Taxes $2,948.58
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace 0
Heating Type Forced Air, Natural Gas

Utilities

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

Parking

Parking Type Garage Double, Side Access
Total Parking Spaces 4

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Strata Restrictions -
Rental Restrictions -
Zoning R2
Rental Suites Other
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: RE/MAX City Realty

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
1.03 km
Elementary, Secondary
Highroad Academy
2.41 km

Closest Transit

Chilliwack
Corbould at Wellington (SB)
0.02 km
Skytrain
West Coast Express @ Mission City Station
25.23 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

Welcome to the charming community of Chilliwack Proper West, where I'm delighted to introduce you to this beautiful home located at 45656 Wellington Avenue, Chilliwack, BC - MLS® R2989145. As your trusted realtor, I'm excited to share with you the unique features and benefits of this wonderful neighborhood.

Let's start with the schools. Families with young children will love knowing that Chilliwack Adventist Christian School, rated No Rating, is just 1.03 km away from this home. This school is a great option for families who value a faith-based education. For older children, Highroad Academy, rated 7/10, is a 2.41 km drive away - a great choice for students who thrive in a smaller, more personalized learning environment.

Getting around is also a breeze, with the Corbould at Wellington (SB) bus station just a 0.02 km stroll away from this home. You'll have easy access to public transportation and can explore all that Chilliwack has to offer.

Now, let's talk about the demographics of this wonderful community. According to Statistics Canada, 8.5% of residents in this neighborhood hold a university certificate or degree, which is Low compared to other BC neighborhoods. However, this also means that the community values education and has a strong sense of community. You'll also find that 21.3% of the population in this area have no certificate or degree, which is Above Average compared to the average in BC.

In terms of income, the median household income in this neighborhood is $61,696, which is Below Average compared to the British Columbia average. However, the median personal income is $29,724, also Below Average. But don't worry - the community is thriving, with 68.6% of households in this area owning a mortgage, which is Above Average.

Unemployment rates are also worth noting, with a rate of 7.8% in this area, which is Average compared to other province neighborhoods.

This community is growing at a rate of 5.7% between 2011 and 2016, which is Above Average in comparison to the average growth rate of this region. You'll also find that the population density per square kilometre in this community is 2,192.6, which is Above Average.

Average family sizes in this area are 2.9 people, which is Average. However, 61% of families in this neighborhood have children, which is Above Average. You'll also find that 55.8% of residents are married or living common law, which is Below Average.

The average age of the population in this area is 39.5 years old, which is Below Average compared to other BC cities.

In terms of real estate, the average value of dwellings in this neighborhood is $299,687, which is Below Average compared to other areas in British Columbia. However, the average owner payments are Below Average in this area, with owners spending an average of $1,064 per month. Tenants in this area pay an average of $1,090 per month, which is Average.

You'll also find that 31.2% of the population in this area are renters, which is Above Average compared to other BC cities and areas.

English language proficiency is also worth noting, with 94.8% of residents speaking English only, which is Above Average. You'll also find that 4.2% of the population speaks neither English nor French, which is Below Average.

Getting around is also easy, with 88% of residents using cars, which is Average. However, 6.4% of residents walk, which is Above Average.

In summary, this home at 45656 Wellington Avenue, Chilliwack, BC - MLS® R2989145 is located in a wonderful community that values education, has a strong sense of community, and offers easy access to public transportation. Whether you're a young family or an individual looking for a great place to call home, this neighborhood has something for everyone.

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 $788,000
Chilliwack $873,983
Chilliwack Proper West $1,015,000
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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