Property Type: Land / Lot

45991 AIRPORT ROAD, Chilliwack Proper South

Chilliwack, BC V2P1A3

$4,250,000

12,000 sqft
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Amenities

Also listed: Balconies

Property Details

Property & Lot

Lot size
0.44 acres

Ownership & Fees

Property type
Land / Lot

Interior

Fireplace
None

Listing Information

MLS®
C8075845
Listed
February 4, 2026
Time on market
On the market for 208 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Advantage Property Management · Data source: CREA DDF.

Description

Prime 0.44-acre corner property improved with a 12,000+/- sq. ft. mixed-use commercial building offering strong income. The street-level commercial space includes 2 seperate office spaces consisting of approximately 14 offices, two reception areas, multiple staff rooms, storage and utility rooms, and washrooms, with excellent access and a large parking area. The upper level features 8 one-bedroom residential units of approximately 550 sq. ft. each, with shared laundry facilities. Fully leased to quality long-term commercial and residential tenants, this property presents a stable, turn-key investment with diversified revenue streams. (id:63159)

Values & Trends

This listing

$354/sqft

Building average

No other active listings in this building

Chilliwack average

$604/sqft

9 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

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

44

6/9 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
Robertson ElementaryElementary350 m
Cascade Christian School(Independent)Elementary/Middle725 m
Imagine High Integrated Arts/TechnologySecondary740 m
A D Rundle Middle SchoolElementary917 m
Kw'íyeqel SecondarySecondary972 m
St Mary's(Independent)Elementary1.3 km
Bernard ElementaryElementary1.5 km
Highroad Academy(Independent)K-121.6 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 (3)

  • Jimmy J'S Grill · 8559 Young Road349 m
  • The Greek Islands Restaurant · 45781 Hocking Avenue633 m
  • Bozzini's Restaurant752 m

Cafes (2)

  • Tim Hortons · 8422 Young Road59 m
  • Starbucks · 45604 Airport Road747 m

Grocery (1)

  • Chevron Food Mart · 45929 Hocking Avenue425 m

Parks (4)

  • Skelton Park305 m
  • Hilton Park311 m
  • Sapper's Park329 m
  • Greenacres Square · 8675 Elm Drive637 m

Shopping (1)

  • Midtown Station774 m

Pharmacies (1)

  • Pro-Health Pharmacy400 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($850,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,400,000.00
Periodic payment — Principal & Interest (monthly)$21,935.65
Additional monthly expenses (strata, tax, utilities, etc.)$600.00
Total monthly cost$22,535.65
Interest paid over 5-yr term$974,449.77
Balance at end of term$3,058,311.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$850,000
Stress test qualifying rate8.09%
Payment you must qualify for$26,144.81

Cash Needed at Closing

Minimum down payment$850,000
Estimated BC PTT$130,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$982,000

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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