Property Type: Land / LotOwnership: Freehold

5165 CECIL RIDGE PLACE, Promontory

Chilliwack, BC V2R6A1

$399,000

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Property Details

Property & Lot

Lot size
7,840 square feet
Frontage
50 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,327.47 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3140056
Listed
June 25, 2026
Time on market
On the market for 67 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nationwide Realty Corp. · Data source: CREA DDF.

Description

Amazing views of Chilliwack from this wonderful building lot on Promontory Mountain. Located in a great community near schools and recreation. 2 Road frontages, potential for secondary dwelling. Not many lots like this left! (Seller is willing to trade for a home under 1 Million) (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

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

SchoolTypeDistance
Promontory Heights Community ElementaryElementary582 m
GW Graham SecondarySecondary1.5 km
Vedder ElementaryElementary1.8 km
Watson ElementaryElementary2.7 km
Vedder Middle SchoolMiddle2.7 km
Mount Slesse Middle SchoolElementary2.9 km
Tyson ElementaryElementary3.2 km
Sardis SecondaryElementary3.3 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 (3)

  • Promontory West Park548 m
  • Weeden Park · 5557 Crimson Ridge716 m
  • Promontory Road Park768 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$193.96
Total monthly cost$2,253.33
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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