Property Type: Detached HouseOwnership: Leasehold

361 PINE STREET, Cultus Lake North

Cultus Lake, BC V2R4Y9

$950,000

2 bed1 bath886 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
3,600 square feet
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$4,135.8 (2025)

Interior

Basement
Crawl space
Heating
Natural gas
Fireplace
Yes (1)

Parking

Features
Open

Room Dimensions

RoomLevelDimensions
Living roomMain level
KitchenMain level
Laundry roomMain level
Primary BedroomMain level
Bedroom 2Main level

Listing Information

MLS®
R3138582
Listed
June 23, 2026
Time on market
On the market for 69 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker BC Ltd · Data source: CREA DDF.

Description

Rare LARGE lot just steps from Cultus Lake! This updated 2 bed, 1 bath rancher is the perfect place to call home, wknd getaway, or SUCCESSFUL AIRBNB. Featuring fresh paint, updated flooring, electrical, new lighting & added pot lights, along w/ a new electric f/p, this cozy home is move-in ready. The functional kitchen & bright updated bathroom add to the home's comfortable feel. Added bonus space provides room for laundry, storage, & secure bike storage. Set on a spacious lot, a RARE find in Cultus Lake, the property offers excellent outdoor living w/ covered gazebo & huge FULLY fenced yard. Build your dream home, enjoy it as-is, & make the most of lake life in one of the area's most sought-after locations. The coveted SHORT-TERM RENTAL PERMIT is in place here - a huge bonus! * PREC - Personal Real Estate Corporation (id:63159)

Values & Trends

This listing

$1,072/sqft

Building average

No other active listings in this building

Cultus Lake average

$602/sqft

16 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.

Location Insights

Weather

Nearest station: Chilliwack

16°C

Humidity 88%

Wind ENE 2 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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
Cultus Lake Swílhcha Community SchoolElementary216 m
Promontory Heights Community ElementaryElementary4.1 km
Unsworth ElementaryElementary4.1 km
Mount Slesse Middle SchoolElementary4.3 km
GW Graham SecondarySecondary4.4 km
Watson ElementaryElementary4.6 km
Vedder ElementaryElementary4.7 km
Tyson ElementaryElementary5.1 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 (5+)

  • J. Beethoven's Pizza386 m
  • Huis Shave Ice · 4125 Columbia Valley Highway401 m
  • Maar's Burger Bar · 4125 Columbia Valley Highway405 m
  • Lakeside Beach Club · 4131 Columbia Valley Highway424 m
  • Unnamed553 m

Parks (1)

  • Unnamed211 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$388.65
Total monthly cost$5,291.91
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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