Property Type: Detached HouseOwnership: Freehold

45948 CHESTERFIELD AVENUE, Chilliwack Downtown

Chilliwack, BC V2P1M4

$749,900

2 bed1 bath971 sqftBuilt 1932
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
6,732 square feet
Frontage
52 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,471.57 (2025)

Interior

Basement
Crawl space
Heating
Forced air, Natural gas
Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Features
Tandem

Room Dimensions

RoomLevelDimensions
FoyerMain level
Living roomMain level
KitchenMain level
Primary BedroomMain level
Bedroom 2Main level
Laundry roomMain level
LoftAbove

Listing Information

MLS®
R3131671
Listed
June 3, 2026
Time on market
On the market for 89 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Nyda Realty Inc. (Vedder North) · Data source: CREA DDF.

Description

Fantastic CENTRAL location with exceptional future potential! Situated on a large 6,732 sq.ft. lot and designated R5 in the OCP, this property is a key development opportunity in one of the city's fastest-growing corridors. Surrounded by newer apartment and mixed-use developments, with condo projects actively transforming the area, this is an ideal holding property with strong long-term upside. The charming home offers rental income potential while future plans are explored and features a detached garage/workshop, lane access, mature trees, and a private yard. Conveniently located near shopping, restaurants, recreation, transit, and major commuter routes. An excellent opportunity to secure a strategic piece of land in a rapidly evolving neighbourhood. * PREC - Personal Real Estate Corporation (id:63159)

Values & Trends

This listing

$772/sqft

Building average

No other active listings in this building

Chilliwack average

$464/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

67

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
Kw'íyeqel SecondarySecondary496 m
St Mary's(Independent)Elementary689 m
Bernard ElementaryElementary889 m
Chilliwack Central Elementary CommunityElementary908 m
A D Rundle Middle SchoolElementary952 m
Robertson ElementaryElementary983 m
Imagine High Integrated Arts/TechnologySecondary1.1 km
Chilliwack Middle SchoolMiddle1.2 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+)

  • Shandar Hut · 8835 Young Road321 m
  • Chilliwack Kabab335 m
  • Bavarian Steak and Schnitzel House368 m
  • Friendly Banners Restaurant390 m
  • Jim's Pizzeria · 9218 Young Rd421 m

Cafes (5+)

  • Oliver's Tearoom64 m
  • Yellow Deli · 45845 Yale Road West386 m
  • Starbucks404 m
  • Tim Hortons · 45837 Yale Road417 m
  • Starbucks459 m

Grocery (5+)

  • Safeway177 m
  • FreshCo181 m
  • Kent's Chicken Coop · 45966 Yale Road336 m
  • Save-On-Foods406 m
  • Yale Road Market · 45863 Yale Road419 m

Parks (5+)

  • Salish Park239 m
  • Third Avenue Park253 m
  • Veteran's Memorial Park429 m
  • Nowell Park · 8850 Nowell Street485 m
  • Greenacres Square · 8675 Elm Drive679 m

Shopping (3)

  • Alexander Young Centre · 8989 Young Road81 m
  • Southgate Shopping Centre432 m
  • Edwards Crossing453 m

Gyms (1)

  • Gracie Barra Brazilian Ju Jitsu · 45945 Wellington Avenue658 m

Pharmacies (2)

  • Shoppers Drug Mart435 m
  • Pro-Health Pharmacy782 m

Banks & ATMs (5+)

  • RBC · 45850 Yale Road325 m
  • TD Canada Trust468 m
  • TD Bank497 m
  • CIBC501 m
  • Scotiabank552 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,920.00
Periodic payment — Principal & Interest (monthly)$3,870.48
Additional monthly expenses (strata, tax, utilities, etc.)$338.30
Total monthly cost$4,208.78
Interest paid over 5-yr term$171,938.80
Balance at end of term$539,629.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.06

Cash Needed at Closing

Minimum down payment$49,990
Estimated BC PTT$12,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,488

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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