45083 South Sumas Rd, Chilliwack, BC, MLS® R2927782

$3,200,000
Est. Mortgage /mo

Foreclosures, 17.9% price reduction

$3,200,000
$3,899,900
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
0 Stories
lot 64033 sqft
0 sqft
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45083 South Sumas Rd, Chilliwack, BC | MLS® R2927782 Property Details

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 Features BasementFeatures

Property Metrics

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

Additional Details

MLS® # R2927782
Area Sardis
Neighbourhood Sardis West Vedder
City Chilliwack
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 -

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

Property History

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Status Date Price

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 Info

Private Schools

Elementary
Cascade Christian School
4.35 km
Elementary, Secondary
Highroad Academy
5.87 km

Closest Transit

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

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

Welcome to this stunning property located at 45083 South Sumas Road, Chilliwack, BC, proudly presented to you by your trusted realtor. Nestled in the heart of the Sardis West Vedder community, this beautiful home offers a perfect blend of comfort, convenience, and natural beauty.

Let's start with the educational institutions in the area. For families with young children, Cascade Christian School is the closest elementary school, located just 4.35 km from this home. With a No Rating, this school provides a unique learning environment that caters to the needs of students. For secondary education, Highroad Academy is the nearest school, boasting a 7/10 rating and situated approximately 5.87 km from this property.

Getting around is also a breeze, as the Tyson at South Sumas (SB) bus station is conveniently located just 0.12 km from this listing, making it easily accessible to commuters. With the MLS® R2927782, you'll enjoy a seamless commute to various parts of Chilliwack and beyond.

Now, let's dive into the demographics of this charming neighborhood. With a median household income of $87,008, this area is Above Average compared to other British Columbia neighborhoods. You'll also find a diverse mix of homeowners and renters, with 64.7% of households owning their properties, which is Above Average. The median personal income in this area is $36,203, which is Average compared to the BC average.

As for job opportunities, the unemployment rate in this region is a low 3.1%, making it an attractive area for professionals and entrepreneurs. Population growth in this area has been steady, with a 6.8% increase between 2011 and 2016, which is Above Average in comparison to the average growth rate of this region.

In terms of lifestyle, this neighborhood offers a relaxed atmosphere, with an average family size of 3.1, which is Above Average. You'll also find a diverse range of families, with 60.3% of households containing children, which is Average. The community is also predominantly English-speaking, with 95.7% of residents speaking only English, which is Above Average.

Regarding transportation, 88.7% of the population uses cars to commute, which is Above Average. However, 8.7% of residents also choose to walk, which is Above Average. Public transportation is also available, with 1.1% of the population using buses.

Lastly, let's talk about the real estate market in this area. The average value of dwellings in this neighborhood is $704,524, which is High compared to other areas in British Columbia. Average owner payments are also Above Average, with homeowners spending an average of $1,475 per month. Tenants, on the other hand, pay an average of $1,055 per month, which is Average.

In conclusion, 45083 South Sumas Road, Chilliwack, BC, MLS® R2927782, is a stunning property that offers a unique blend of comfort, convenience, and natural beauty. Whether you're a family, professional, or entrepreneur, this home has something for everyone. Contact your trusted realtor today to schedule a viewing and make this property your dream home.

Schools:

  • Cascade Christian School: 4.35 km from the property, No Rating
  • Highroad Academy: 5.87 km from the property, 7/10 rating

Bus Station:

  • Tyson at South Sumas (SB): 0.12 km from the property

Demographics:

  • Median household income: $87,008 (Above Average)
  • Median personal income: $36,203 (Average)
  • Households with a mortgage: 64.7% (Above Average)

Unemployment Rate:

  • 3.1% (Low)

Population Growth:

  • 6.8% (Above Average)

Population Density:

  • 71.6 people per square kilometre (Below Average)

Average Family Size:

  • 3.1 (Above Average)

Transportation:

  • 88.7% use cars (Above Average)
  • 8.7% walk (Above Average)
  • 1.1% use public transportation (Low)

Real Estate:

  • Average value of dwellings: $704,524 (High)
  • Average owner payments: $1,475 per month (Above Average)
  • Average tenant payments: $1,055 per month (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 $3,200,000
Chilliwack $2,466,444
Sardis West Vedder 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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