308 8725 Elm Dr, Chilliwack, BC, MLS^® R3050821

Welcome to 308 8725 Elm Drive in the heart of Chilliwack Proper South, BC! This charming home for sale is nestled in a vibrant community that offers the perfect blend of small-town charm and urban convenience. As we walk through the neighborhood, I'd like to highlight some of the key features that make this area so special.

Just down the road, you'll find Highroad Academy, a highly-rated Elementary and Secondary independent school with a 7/10 rating. This school is conveniently located just 1.1 km from this property, making it an ideal choice for families. Parents will appreciate the school's commitment to providing a well-rounded education, and children will thrive in a supportive and inclusive environment.

But Highroad Academy isn't the only draw to this neighborhood. As we head out the door, we're just a short walk to the Young Rd at Rowat Ave bus station, which is a mere 0.35 km away. This convenient transit option makes it easy to get around Chilliwack Proper South without relying on a car.

Now, let's talk about the demographics of this area. According to Statistics Canada's 2020 report, 9.5% of residents in this neighborhood hold a university certificate or degree, which is relatively low compared to other BC neighborhoods. However, 21.6% of the population in this area have no certificate or degree, which is above average compared to the rest of BC.

In terms of income, the median household income near this dwelling is $63,707, which is average compared to the British Columbia average. However, the median personal income in this area is $30,822, which is below average compared to the rest of BC. Notably, 66.1% of households in this area have a mortgage, which is above average.

As we look at the unemployment rate in this area, we see that it's a relatively low 6%, which is below average compared to other provinces. This suggests that the local economy is stable and provides plenty of job opportunities.

Now, let's talk about population growth. Between 2011 and 2016, the population in this area grew by 2.9%, which is above average compared to this region. This growth is a testament to the area's appeal and its potential for future development.

In terms of population density, this area has an average density of 1,299.8 people per square kilometer, which is average compared to other areas in BC.

Families will appreciate the average family size in this area, which is 2.9 people per household. Additionally, 57.6% of families in this area have children, which is average compared to other areas in BC. Interestingly, 58.4% of residents in this area are married or living common law, which is also average.

As we look at the age demographics, we see that the average age of the population in this area is 40.6 years old, which is average compared to other areas in BC.

Now, let's talk about housing prices. The average value of dwellings in this area is $299,965, which is below average compared to other areas in BC. However, the average owner payments in this area are relatively low at $1,040 per month, which is below average. On the other hand, tenants in this area are paying an average of $1,194 per month, which is above average.

Finally, 21.9% of the population in this area are renters, which is average compared to other areas in BC.

As we walk through this charming neighborhood, you'll notice the strong sense of community and the many amenities that are within walking distance. From the highly-rated Highroad Academy to the convenient bus station, this area has everything you need to live a happy and fulfilling life.

So, if you're looking for a home that offers a unique blend of small-town charm and urban convenience, look no further than 308 8725 Elm Drive in Chilliwack Proper South, BC. As an experienced realtor, I'm proud to offer this exceptional property to you, and I'm confident that you'll love it as much as I do.

MLS# R3050821

Contact me today to schedule a viewing and make this incredible home your own!