Property Type: Detached HouseOwnership: Freehold

45719 KIPP AVENUE, Chilliwack Proper West

Chilliwack, BC V2P1Y6

$699,000

3 bed1 bath1,222 sqftBuilt 1936
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
7,788 square feet
Frontage
59 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,680.24 (2025)

Interior

Basement
Crawl space
Heating
Electric
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Features
Detached Garage, Open

Room Dimensions

RoomLevelDimensions
Living roomMain level
KitchenMain level
Bedroom 2Main level
Primary BedroomMain level
Laundry roomMain level
Enclosed porchMain level
Flex SpaceAbove
Bedroom 3Above

Listing Information

MLS®
R3150694
Listed
July 28, 2026
Time on market
On the market for 34 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX City Realty · Data source: CREA DDF.

Description

Investor & Developer Alert! This 7,788 SQFT R2 (Urban Residential Transition)-zoned lot near the heart of downtown Chilliwack offers solid holding income plus redevelopment upside via potential land assembly. The property includes a well-kept ~1,222 SQFT 3-bedroom, 1-bath 1 1/2-storey home (c. 1925"“1936) with updates over the years such as new flooring, fresh paint, updated appliances and more. R2 permits single detached dwellings and limited apartment/boarding-house uses (primarily by conversion); the site sits among similar R2 properties, ideally positioned for future assembly amid Chilliwack's ongoing downtown revitalization and densification. BONUS "- large storage shed included! Minutes from shopping, schools, parks and major amenities in one of the city's fastest-growing areas. Don't miss this opportunity combining rental income, central location and long-term upside. (id:63159)

Values & Trends

This listing

$572/sqft

Building average

No other active listings in this building

Chilliwack average

$465/sqft

421 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.

Detached (House) Market Stats — Chilliwack

Monthly figures from the Fraser Valley Real Estate Board for Chilliwack detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

Data unavailable

Average Sale Price

$838,745

Jul 2026

Monthly Sales

32

Jul 2026

Active Listings

232

Jul 2026

Sales-to-Active Ratio

14.0%

Jul 2026

Median Days to Contract

31 days

Jul 2026

Average Sale Price

$1,157,121
$802,697
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

63

8/9 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
Chilliwack Central Elementary CommunityElementary548 m
St Mary's(Independent)Elementary839 m
Bernard ElementaryElementary867 m
McCammon ElementaryElementary930 m
Chilliwack Adventist Christian School(Independent)Elementary1.1 km
Chilliwack Middle SchoolMiddle1.2 km
Kw'íyeqel SecondarySecondary1.2 km
A D Rundle Middle SchoolElementary1.4 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 (5+)

  • The Capitol Restaurant208 m
  • RIB & CHICKEN · 9339 Main Street320 m
  • E. Yong Oriental Restaurant325 m
  • Friendly Banners Restaurant385 m
  • Bavarian Steak and Schnitzel House429 m

Cafes (5+)

  • Decades Coffee Club · 45846 Wellington Avenue267 m
  • Starbucks356 m
  • The Royal Cafe366 m
  • Harvest Store + Cafe · 9343 Mill Street403 m
  • Marais Tea Company & Café · 9375 Mill Street442 m

Grocery (5+)

  • Save-On-Foods417 m
  • Kent's Chicken Coop · 45966 Yale Road438 m
  • Yale Road Market · 45863 Yale Road577 m
  • FreshCo671 m
  • Safeway689 m

Parks (5+)

  • Edwards Park156 m
  • Veteran's Memorial Park344 m
  • Victoria Park445 m
  • Central Community Park · 45943 Victoria Avenue489 m
  • Central Community Park · 45943 Victoria Avenue489 m

Shopping (2)

  • Edwards Crossing348 m
  • Southgate Shopping Centre461 m

Gyms (1)

  • Gracie Barra Brazilian Ju Jitsu · 45945 Wellington Avenue462 m

Pharmacies (1)

  • Shoppers Drug Mart465 m

Banks & ATMs (5+)

  • Prospera Credit Union223 m
  • TD Canada Trust324 m
  • TD Bank359 m
  • Scotiabank404 m
  • CIBC506 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$367.69
Total monthly cost$3,975.46
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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