Property Type: Detached HouseOwnership: Freehold

45871 ROWAT AVENUE, Chilliwack Proper South

Chilliwack, BC V2P1J2

$499,900

3 bed2 bath1,673 sqftBuilt 9999
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
4,219 square feet
Frontage
51 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,078.95 (2025)

Interior

Basement
None
Heating
Forced air
Fireplace
None

Parking

Features
Garage

Room Dimensions

RoomLevelDimensions
Living roomMain level
Bedroom 2Main level
Bedroom 3Main level
KitchenMain level
Laundry roomMain level
Mud roomMain level
Flex SpaceAbove
Bedroom 4Above

Listing Information

MLS®
R3137860
Listed
June 22, 2026
Time on market
On the market for 70 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Pathway Executives Realty Inc (Yale Rd) · Data source: CREA DDF.

Description

RARE M1 ZONED OPPORTUNITY in the heart of town! This 3-bedroom + flex, 2-bath home sits on a 4,219 sq.ft. corner lot with lane access, offering three road frontages and exceptional future development potential. The existing 1,673 sq.ft. home is tenant occupied, providing immediate holding income while you plan your next move. Zoned M1 (Light Industrial), this property presents a unique opportunity for investors, developers, and business owners looking to secure a strategic piece of real estate in a rapidly growing area. Opportunities like this are rarely available. * PREC - Personal Real Estate Corporation (id:63159)

Values & Trends

This listing

$299/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

56

7/9 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 SecondarySecondary533 m
St Mary's(Independent)Elementary619 m
A D Rundle Middle SchoolElementary654 m
Imagine High Integrated Arts/TechnologySecondary718 m
Robertson ElementaryElementary722 m
Cascade Christian School(Independent)Elementary/Middle831 m
Bernard ElementaryElementary842 m
Chilliwack Central Elementary CommunityElementary1.3 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+)

  • Shandar Hut · 8835 Young Road153 m
  • The Greek Islands Restaurant · 45781 Hocking Avenue382 m
  • Chilliwack Kabab389 m
  • Bozzini's Restaurant400 m
  • Jimmy J'S Grill · 8559 Young Road500 m

Cafes (5+)

  • Oliver's Tearoom309 m
  • Tim Hortons · 45837 Yale Road431 m
  • Yellow Deli · 45845 Yale Road West488 m
  • Starbucks705 m
  • Starbucks763 m

Grocery (5+)

  • Safeway370 m
  • FreshCo388 m
  • Chevron Food Mart · 45929 Hocking Avenue429 m
  • Yale Road Market · 45863 Yale Road537 m
  • Kent's Chicken Coop · 45966 Yale Road635 m

Parks (5+)

  • Nowell Park · 8850 Nowell Street477 m
  • Greenacres Square · 8675 Elm Drive502 m
  • Skelton Park554 m
  • Third Avenue Park585 m
  • Salish Park587 m

Shopping (3)

  • Alexander Young Centre · 8989 Young Road338 m
  • Southgate Shopping Centre622 m
  • Edwards Crossing711 m

Pharmacies (2)

  • Pro-Health Pharmacy468 m
  • Shoppers Drug Mart621 m

Banks & ATMs (2)

  • RBC · 45850 Yale Road470 m
  • TD Canada Trust794 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,920.00
Periodic payment — Principal & Interest (monthly)$2,580.15
Additional monthly expenses (strata, tax, utilities, etc.)$340.58
Total monthly cost$2,920.73
Interest paid over 5-yr term$114,618.22
Balance at end of term$359,729.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,651.85

Cash Needed at Closing

Minimum down payment$24,995
Estimated BC PTT$7,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,493

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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