45881 ROWAT AVENUE, Chilliwack Proper South
Chilliwack, BC V2P1J2
$499,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 4,822 square feet
- Frontage
- 51 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,114.64 (2025)
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Fireplace
- None
Parking
- Features
- Open
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Bedroom 2 | Main level | — |
| Bedroom 3 | Main level | — |
| Kitchen | Main level | — |
| Bedroom 4 | Main level | — |
Listing Information
- MLS®
- R3137937
- 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 INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. Buy, hold, lease, develop, or build"-this is a unique opportunity to secure a strategically located M1-zoned property with exceptional long-term potential. * PREC - Personal Real Estate Corporation (id:63159)
Values & Trends
This listing
$497/sqft
Building average
—
No other active listings in this building
Chilliwack average
$465/sqft
421 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
16°C
—
Humidity 90%
Wind SE 5 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
| School | Type | Distance |
|---|---|---|
| Kw'íyeqel Secondary | Secondary | 521 m |
| St Mary's(Independent) | Elementary | 634 m |
| A D Rundle Middle School | Elementary | 663 m |
| Robertson Elementary | Elementary | 711 m |
| Imagine High Integrated Arts/Technology | Secondary | 724 m |
| Cascade Christian School(Independent) | Elementary/Middle | 836 m |
| Bernard Elementary | Elementary | 857 m |
| Chilliwack Central Elementary Community | Elementary | 1.3 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 Road141 m
- The Greek Islands Restaurant · 45781 Hocking Avenue385 m
- Chilliwack Kabab401 m
- Bozzini's Restaurant407 m
- Jimmy J'S Grill · 8559 Young Road493 m
Cafes (5+)
- Oliver's Tearoom308 m
- Tim Hortons · 45837 Yale Road443 m
- Yellow Deli · 45845 Yale Road West499 m
- Starbucks714 m
- Starbucks765 m
Grocery (5+)
- Safeway377 m
- FreshCo396 m
- Chevron Food Mart · 45929 Hocking Avenue421 m
- Yale Road Market · 45863 Yale Road549 m
- Kent's Chicken Coop · 45966 Yale Road642 m
Parks (5+)
- Nowell Park · 8850 Nowell Street464 m
- Greenacres Square · 8675 Elm Drive488 m
- Skelton Park545 m
- Third Avenue Park582 m
- Salish Park591 m
Shopping (3)
- Alexander Young Centre · 8989 Young Road336 m
- Southgate Shopping Centre632 m
- Edwards Crossing719 m
Pharmacies (2)
- Pro-Health Pharmacy458 m
- Shoppers Drug Mart631 m
Banks & ATMs (2)
- RBC · 45850 Yale Road480 m
- TD Canada Trust799 m
Nearby places data: © OpenStreetMap contributors.
School district: Chilliwack (SD33)
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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
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.