Property Type: Condo / ApartmentOwnership: Strata

202 8725 ELM DRIVE, Chilliwack Proper South

Chilliwack, BC V2P4Y3

$269,900

2 bed2 bath1,024 sqftBuilt 1986
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Amenities

Also listed: Recreation Centre, Laundry - In Suite

Property Details

Property & Lot

Sub-type
Apartment
Stories
3

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$1,534.51 (2025)

Interior

Basement
None
Heating
Baseboard heaters, Hot Water
Fireplace
None

Exterior & Lot

View
View

Parking

Features
Underground

Room Dimensions

RoomLevelDimensions
KitchenMain level
Living roomMain level
Primary BedroomMain level
Bedroom 2Main level
Dining roomMain level
Laundry roomMain level
StorageMain level
FoyerMain level

Listing Information

MLS®
R3139511
Listed
June 24, 2026
Time on market
On the market for 68 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 Creekside Realty · Data source: CREA DDF.

Description

Welcome to sought-after Elmwood Terrace! This spacious 1,024 sqft home features a convenient 2-bedroom, 2-bathroom layout. This home is ready for your ideas! The flooring has been removed to bare concrete and is priced accordingly, offering the perfect canvas for your custom renovations. Put your own touch on the home and design it exactly to your taste! Located in a quiet, proactive 55+ community, residents enjoy secure underground parking, storage, and fantastic amenities including a gym, library/billiards room, workshop, and a large social room. Central location, just a short stroll to shopping, dining, medical services, and transit. Bring your design ideas and book your private viewing today! * PREC - Personal Real Estate Corporation (id:63159)

Values & Trends

This listing

$264/sqft

Building average

No other active listings in this building

Chilliwack average

$431/sqft

240 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Chilliwack

Monthly figures from the Fraser Valley Real Estate Board for Chilliwack apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

Data unavailable

Average Sale Price

$310,047

Jul 2026

Monthly Sales

17

Jul 2026

Active Listings

137

Jul 2026

Sales-to-Active Ratio

12.0%

Jul 2026

Median Days to Contract

15 days

Jul 2026

Average Sale Price

$407,609
$271,653
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

14°C

Humidity 92%

Wind SE 2 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

93,203

(2021 Census)

+11.2% since 2016

Density: 356.6/km²

Dwellings: 37,124

Median household income: $85,000

After-tax: $76,000

Immigrant population: 14.8%

Top countries of origin (% of total population)

  • United Kingdom2.2% · 2,070
  • India1.3% · 1,180
  • Netherlands1.2% · 1,135
  • Philippines1% · 950
  • United States of America1% · 940
  • Germany0.8% · 780
  • China0.5% · 510
  • Viet Nam0.5% · 450

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Kw'íyeqel SecondarySecondary297 m
Robertson ElementaryElementary373 m
Imagine High Integrated Arts/TechnologySecondary1.0 km
A D Rundle Middle SchoolElementary1.1 km
Cascade Christian School(Independent)Elementary/Middle1.1 km
Highroad Academy(Independent)K-121.1 km
St Mary's(Independent)Elementary1.2 km
Bernard ElementaryElementary1.4 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (3)

  • Shandar Hut · 8835 Young Road434 m
  • Jimmy J'S Grill · 8559 Young Road472 m
  • The Greek Islands Restaurant · 45781 Hocking Avenue716 m

Cafes (2)

  • Oliver's Tearoom637 m
  • Tim Hortons · 8422 Young Road655 m

Grocery (1)

  • Chevron Food Mart · 45929 Hocking Avenue416 m

Parks (5+)

  • Greenacres Square · 8675 Elm Drive75 m
  • Nowell Park · 8850 Nowell Street249 m
  • Lombardy Park415 m
  • Hilton Park430 m
  • Skelton Park450 m

Shopping (1)

  • Alexander Young Centre · 8989 Young Road611 m

Pharmacies (1)

  • Pro-Health Pharmacy385 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$215,920.00
Periodic payment — Principal & Interest (monthly)$1,393.04
Additional monthly expenses (strata, tax, utilities, etc.)$178.88
Total monthly cost$1,571.92
Interest paid over 5-yr term$61,883.29
Balance at end of term$194,220.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,971.66

Cash Needed at Closing

Minimum down payment$13,495
Estimated BC PTT$3,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,393

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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