Property Type: Detached HouseOwnership: Freehold

46198 FIRST AVENUE, Chilliwack Proper East

Chilliwack, BC V2P1W3

$975,000

5 bed3 bath3,158 sqftBuilt 1927
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
8,237 square feet
Frontage
66 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,603.67 (2025)

Interior

Basement
Finished, Unknown
Heating
Electric, Natural gas, Hot Water
Fireplace
Yes (1)

Parking

Features
Garage, Open, RV

Room Dimensions

RoomLevelDimensions
Living roomMain level
KitchenMain level
Dining roomMain level
Laundry roomMain level
DenMain level
Primary BedroomAbove
Bedroom 2Above
Bedroom 3Above
Living roomBasement
KitchenBasement
Bedroom 4Basement
Bedroom 5Basement
DenBasement
Laundry roomBasement

Listing Information

MLS®
R3152741
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Rare residential and commercial opportunity! This spacious three-storey home offers over 3,000 sq. ft. on a large 8,000+ sq. ft. corner lot with great exposure with back-lane access. RC zoning permits residential or general commercial use under the Low Rise Residential land use designation, offering exciting live/work or business potential. Build up to 6 storey with 18 units. The current home features include hardwood flooring, an updated kitchen, 3 bed upstairs, detached garage, 2 bed basement in-law suite with separate entrance and laundry. Fenced yard with RV parking. Call today for a private showing. (id:63159)

Values & Trends

This listing

$309/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

37

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
Chilliwack Middle SchoolMiddle569 m
Kw'íyeqel SecondarySecondary605 m
Chilliwack Central Elementary CommunityElementary755 m
Chilliwack SecondarySecondary785 m
Highroad Academy(Independent)K-121.1 km
Robertson ElementaryElementary1.3 km
Chilliwack Adventist Christian School(Independent)Elementary1.3 km
St Mary's(Independent)Elementary1.3 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+)

  • Bravo Restaurant & Lounge · 46224 Yale Road434 m
  • Jim's Pizzeria · 9218 Young Rd483 m
  • Uptown Grill489 m
  • Bow & Stern · 46130 Yale Road519 m
  • The Offy522 m

Cafes (5+)

  • Smoking Gun Coffee Roasters494 m
  • Azzuri515 m
  • Gong Cha · 46135 Yale Road542 m
  • Starbucks591 m
  • Tim Hortons601 m

Grocery (2)

  • Save-On-Foods660 m
  • Kent's Chicken Coop · 45966 Yale Road777 m

Parks (5+)

  • Aspen Park343 m
  • Third Avenue Park418 m
  • Garden Drive Park470 m
  • Bole & Fletcher Park603 m
  • Salish Park643 m

Shopping (1)

  • Alexander Young Centre · 8989 Young Road648 m

Gyms (1)

  • Gracie Barra Brazilian Ju Jitsu · 45945 Wellington Avenue613 m

Banks & ATMs (4)

  • CIBC530 m
  • Scotiabank633 m
  • TD Bank685 m
  • TD Canada Trust755 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($72,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$780,000.00
Periodic payment — Principal & Interest (monthly)$5,032.30
Additional monthly expenses (strata, tax, utilities, etc.)$541.64
Total monthly cost$5,573.93
Interest paid over 5-yr term$223,550.24
Balance at end of term$701,612.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$72,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,939.91

Cash Needed at Closing

Minimum down payment$72,500
Estimated BC PTT$17,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$91,500

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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