Property Type: Detached HouseOwnership: Freehold

3857 KAREN DRIVE, Cultus Lake North

Cultus Lake, BC V2R5A5

$1,150,000

5 bed2 bath2,095 sqftBuilt 1987
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.44 acres
Frontage
118 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,709.85 (2025)

Interior

Basement
Partial
Heating
Forced air
Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Features
Detached Garage, Open, RV

Room Dimensions

RoomLevelDimensions
Living roomLower level
KitchenLower level
Bedroom 2Lower level
Bedroom 3Lower level
Laundry roomLower level
Bedroom 4Lower level
FoyerLower level
Family roomMain level
Dining roomMain level
KitchenMain level
OfficeMain level
Bedroom 5Main level
Primary BedroomMain level
OtherMain level

Listing Information

MLS®
R3085820
Listed
February 3, 2026
Time on market
On the market for 209 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Nestled on an expansive parcel in a highly desirable location, 3857 Karen Drive offers exceptional holding and future development potential. This rare large lot is positioned to benefit from the anticipated arrival of municipal sewer services, opening the door to a potential four-lot subdivision (buyer to verify with City of Chilliwack). The property combines privacy, space, and long-term upside, making it ideal for investors, builders, or those seeking a lifestyle estate with future value growth. Surrounded by scenic natural beauty, the property is just moments from world-class golf courses and lake recreation, offering the perfect balance of outdoor living and urban convenience. Opportunities of this scale and future flexibility are increasingly rare in this sought-after neighbourhood. * PREC - Personal Real Estate Corporation (id:63159)

Values & Trends

This listing

$549/sqft

Building average

No other active listings in this building

Cultus Lake average

$635/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

7

1/9 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 SchoolElementary1.1 km
Promontory Heights Community ElementaryElementary3.5 km
GW Graham SecondarySecondary4.0 km
Vedder ElementaryElementary4.3 km
Mount Slesse Middle SchoolElementary4.4 km
Watson ElementaryElementary4.6 km
Unsworth ElementaryElementary4.6 km
Vedder Middle SchoolMiddle5.0 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 (1)

  • Legends Bistro · 4000 Columbia Valley Road454 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$920,000.00
Periodic payment — Principal & Interest (monthly)$5,935.53
Additional monthly expenses (strata, tax, utilities, etc.)$414.15
Total monthly cost$6,349.68
Interest paid over 5-yr term$263,674.64
Balance at end of term$827,542.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,151.03

Cash Needed at Closing

Minimum down payment$90,000
Estimated BC PTT$21,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,500

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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