Property Type: Detached HouseOwnership: Leasehold

389 ALDER STREET, Cultus Lake North

Cultus Lake, BC V2R4Z1

$670,000

2 bed1 bath936 sqftBuilt 1951
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
2,004 square feet
Frontage
60 feet

Ownership & Fees

Property type
Detached House
Ownership
Leasehold
Annual property tax
$3,362.51 (2025)

Interior

Basement
Crawl space
Heating
Baseboard heaters, Electric
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Features
Garage

Room Dimensions

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

Listing Information

MLS®
R3090024
Listed
February 17, 2026
Time on market
On the market for 195 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Little Oak Realty · Data source: CREA DDF.

Description

Your little slice of Heaven living in Cultus Lake, Cute and cozy rustic hideaway a short walk to the lake. Across the street from the park forest with lots of walking trails and extra parking for guests. 2 patios for entertaining and extra parking on site. Enjoy the shade from your own Palm tree (metal of course). Extensive original wood decor and cabinetry in side. A rare garage and spacious attic for storage. Vinyl windows upgraded in 2018. This solid well built cabin is one of the originals and is loaded with charm. Your own hitching post and metal art installation up front. Check out this unique and fun property. (id:63159)

Values & Trends

This listing

$716/sqft

Building average

No other active listings in this building

Cultus Lake average

$624/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 SchoolElementary288 m
Promontory Heights Community ElementaryElementary4.2 km
Unsworth ElementaryElementary4.2 km
Mount Slesse Middle SchoolElementary4.4 km
GW Graham SecondarySecondary4.5 km
Watson ElementaryElementary4.7 km
Vedder ElementaryElementary4.7 km
Tyson ElementaryElementary5.2 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 Pizza450 m
  • Huis Shave Ice · 4125 Columbia Valley Highway465 m
  • Maar's Burger Bar · 4125 Columbia Valley Highway467 m
  • Lakeside Beach Club · 4131 Columbia Valley Highway495 m
  • Unnamed620 m

Parks (1)

  • Unnamed302 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$536,000.00
Periodic payment — Principal & Interest (monthly)$3,458.09
Additional monthly expenses (strata, tax, utilities, etc.)$327.21
Total monthly cost$3,785.30
Interest paid over 5-yr term$153,619.14
Balance at end of term$482,133.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,829.10

Cash Needed at Closing

Minimum down payment$42,000
Estimated BC PTT$11,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,900

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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