Property Type: Land / LotOwnership: FreeholdRECENTLY LISTED

47168 SYLVAN DRIVE, Promontory

Chilliwack, BC V2R4V8

$999,900

Get Directions

Property Details

Property & Lot

Lot size
584,139.6 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,734.8 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3157754
Listed
August 25, 2026
Time on market
On the market for 6 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

Rare 13.41-acre development opportunity in the beautiful community of Promontory. Zoned R3 Small Lot Residential, the property offers potential to explore subdivision into additional residential lots, with minimum lot size, frontage, servicing, access, retaining wall, & development requirements to be confirmed with the City of Chilliwack. Backing onto Mt. Thom, this property features fantastic views of the surrounding mountains & valley floor. Located minutes from some of the area's best outdoor recreation, including hiking, biking, swimming, trails, parks, & nature, while still being close to schools, shopping, services, & major commuter routes. A unique hillside property offering scale, views, location, & long-term development potential. Buyer to verify all development possibilities. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Chilliwack average

$579/sqft

10 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

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

7

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

SchoolTypeDistance
Promontory Heights Community ElementaryElementary2.0 km
GW Graham SecondarySecondary2.6 km
Vedder ElementaryElementary2.8 km
Vedder Middle SchoolMiddle3.6 km
Sardis ElementaryElementary3.9 km
Watson ElementaryElementary4.0 km
Sardis SecondaryElementary4.0 km
Tyson ElementaryElementary4.3 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

Parks (2)

  • Pirie Brook Natural Area364 m
  • Jinkerson Park505 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,920.00
Periodic payment — Principal & Interest (monthly)$5,160.81
Additional monthly expenses (strata, tax, utilities, etc.)$561.23
Total monthly cost$5,722.05
Interest paid over 5-yr term$229,259.37
Balance at end of term$719,530.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.23

Cash Needed at Closing

Minimum down payment$74,990
Estimated BC PTT$17,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,488

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.

Request more information