Investors & Developers: An Opportunity You Can't Miss! Discover this charming rancher w/full basement, offering 7 bedrooms, 2 kitchens & 2 updated bathrooms. Located on a corner lot with 66’ frontage, this property presents potential for MULTI FAMILY future development(city will support rezoning). The home has been well-maintained & numerous upgrades, including modern flooring & renovated bathrooms. Currently occupied by wonderful tenants who are eager to stay, it’s a perfect turn-key investment opportunity. Whether you're seeking a solid holding property, a family home w/income potential, or a prime site for future development, this property checks all the boxes. With endless possibilities on the horizon, don’t miss out on this opportunity in one of Chilliwack’s most promising areas
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 13'9 x 13'9 ft |
| Main Level | Living Room | 18'5 x 18'5 ft |
| Main Level | Dining Room | 9'6 x 9'6 ft |
| Main Level | Foyer | 5'8 x 5'8 ft |
| Main Level | Laundry | 8'11 x 8'11 ft |
| Main Level | Bedroom | 12'10 x 12'10 ft |
| Main Level | Bedroom | 11'7 x 11'7 ft |
| Main Level | Bedroom | 12'11 x 12'11 ft |
| Basement Level | Kitchen | 26' x 26' ft |
| Basement Level | Living Room | 17'11 x 17'11 ft |
| Basement Level | Bedroom | 8' x 8' ft |
| Basement Level | Bedroom | 8'5 x 8'5 ft |
| Basement Level | Bedroom | 14'10 x 14'10 ft |
| Basement Level | Bedroom | 13'5 x 13'5 ft |
| Basement Level | Storage | 5'5 x 5'5 ft |
| Basement Level | Storage | 9' x 9' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Basement | No | #4 |
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.
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Welcome to the vibrant community of Chilliwack Proper East, where you'll find a charming home for sale at 46197 Reece Avenue, listed under MLS® R3056432. As we take a stroll through this lovely neighborhood, let's start with the top-rated schools for your children.
Just a short 0.57 km walk from your future home, you'll find Chilliwack Adventist Christian School, an excellent Elementary independent school with no official rating, but a reputation for providing a nurturing environment for young minds. For Secondary education, Highroad Academy is just a 1.82 km drive away, boasting a 7/10 rating and a strong focus on academic excellence.
Now, let's talk about getting around. The closest bus station, Williams at Yale (NB), is conveniently located just 0.28 km away, making it easy to get to work, school, or anywhere else in Chilliwack. With a reliable public transportation system, you can enjoy the freedom to explore and travel without worrying about driving.
As we explore the demographics of this community, you'll notice that 6.3% of residents hold a university certificate or degree, which is relatively low compared to other neighborhoods in BC. However, this also means that you'll find a strong sense of community and a more laid-back atmosphere. On the other hand, 30.6% of the population has no certificate or degree, which is a bit higher than the average in BC.
In terms of income, the median household income in this area is $32,000, which is lower than the British Columbia average. However, with 71.2% of households owning their homes, you'll find a sense of stability and belonging in this community. According to Statistics Canada's 2020 report, Chilliwack has seen a significant population growth rate of 13.5% between 2011 and 2016, which is higher than the average growth rate in this region.
As we look at the population density, you'll notice that it's relatively high, with 4,030 people per square kilometer. This means that you'll find a lively and diverse community with plenty of opportunities to connect with your neighbors. The average family size in this area is 2.5, which is smaller than the average family size in this region.
In terms of lifestyle, you'll find a mix of young and old, with an average age of 40.3 years in this community. While it's not the highest or lowest compared to other BC cities, it's a great indicator of a balanced and dynamic community. With 59.1% of families having children, you'll find a strong sense of family values and a welcoming atmosphere.
Now, let's talk about the real estate market. The average value of dwellings in this neighborhood is $252,348, which is below average compared to other areas in British Columbia. However, with average owner payments of $975 and tenant payments of $764, you'll find a relatively affordable housing market in this area. Interestingly, 73.3% of the population in this district are renters, which is higher than the average in BC.
As we explore the language spoken in this community, you'll notice that 95.3% of residents speak English only, which is above average compared to other BC cities. However, only 3.9% of the population speaks both English and French, which is relatively low.
In terms of transportation, you'll find a mix of public transport, cars, bicycles, and walking. While 5% of the population uses public transport, which is below average, 80.9% use cars, which is also below average. However, 2.8% of residents use bicycles, which is above average, and 9.9% walk, also above average.
As we conclude our tour of the 46197 Reece Avenue community, you'll see that it's a vibrant and diverse neighborhood with a strong sense of community. From top-rated schools to affordable housing, this area offers a great balance of lifestyle and convenience. Whether you're a young family, a retiree, or anyone in between, this home for sale under MLS® R3056432 is definitely worth considering.
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