47005 YALE ROAD, Little Mountain
Chilliwack, BC V2P2S6
$1,888,000
Property Details
Property & Lot
- Lot size
- 4.27 acres
Ownership & Fees
- Property type
- Land / Lot
Interior
- Fireplace
- None
Parking
- Total spaces
- 4
Listing Information
- MLS®
- C8080997
- 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: Advantage Property Management · Data source: CREA DDF.
Description
An exceptional opportunity to hold as an investment or pursue future development. The property includes an active PLA approval to subdivide one lot off Yale Road, with approvals in place and ready for construction to begin. The fully renovated 3,000 sq. ft. home offers excellent income potential, generating nearly $5,000 per month from two self-contained suites. With a total of 5 bedrooms and 3 full bathrooms, this is an ideal holding property while planning for the future. Situated on just over 4 acres the possibilities are extensive. A completed geotechnical study confirms solid rock conditions. The property backs onto City parkland, providing privacy while being surrounded by other higher-density developments, making it well suited for an upscale residential project. Whether you're looking for a strong revenue-producing property, a long-term investment, or a prime development opportunity, this unique offering checks all the boxes. * PREC - Personal Real Estate Corporation (id:63159)
Values & Trends
This listing
$615/sqft
Building average
—
No other active listings in this building
Chilliwack average
$575/sqft
9 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.
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
4
1/9 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 |
|---|---|---|
| Little Mountain Elementary | Elementary | 487 m |
| Leary Integrated Arts & Technology | Elementary | 1.1 km |
| Strathcona Elementary | Elementary | 1.5 km |
| Chilliwack Secondary | Secondary | 1.6 km |
| Chilliwack Middle School | Middle | 1.8 km |
| Chilliwack Adventist Christian School(Independent) | Elementary | 2.1 km |
| Cheam Elementary | Elementary | 2.1 km |
| Highroad Academy(Independent) | K-12 | 2.2 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
Parks (1)
- Kinsmen Park666 m
Nearby places data: © OpenStreetMap contributors.
School district: Chilliwack (SD33)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($377,600) — 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.