Property Type: Land / Lot

5616 VEDDER ROAD, Vedder Crossing

Chilliwack, BC V2R5T5

$1,950,000

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Property Details

Property & Lot

Lot size
0.29 acres

Ownership & Fees

Property type
Land / Lot

Interior

Fireplace
None

Listing Information

MLS®
C8068339
Listed
April 10, 2025
Time on market
On the market for 508 days
Tax assessment year
2024
Data last synced
August 28, 2026

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

Description

This .3-acre commercial lot is strategically situated at the corner of Vedder & Keith Wilson in Sardis. Offering prime street front exposure, making it an excellent opportunity for businesses seeking visibility and accessibility. Located in a non-floodplain area, close to shopping, schools, recreation facilities, and high-density residential areas like Garrison Crossing. Easy access to major roads and public transportation, laneway behind, enhancing convenience for customers and employees alike. Some drawings have been done for a 2 story building, multi office/storefront options over 13,000sqft with underground parking. (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

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

74

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
GW Graham SecondarySecondary759 m
Vedder ElementaryElementary873 m
Watson ElementaryElementary1.1 km
Mount Slesse Middle SchoolElementary1.3 km
Promontory Heights Community ElementaryElementary1.3 km
Vedder Middle SchoolMiddle1.4 km
Tyson ElementaryElementary1.7 km
Sardis SecondaryElementary2.0 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+)

  • Woodman70 m
  • PickEco Refills;Stormy's · 5580;5800 Vedder Road113 m
  • South Garden Restaurant · 5669 Vedder Rd187 m
  • Garrison Bistro · #6, 45555 Market Way198 m
  • Tulip Donair · 45641 Lark Road222 m

Cafes (4)

  • Starbucks73 m
  • Waves Coffee House · 45560 Market Way109 m
  • Amble Coffee199 m
  • Hide-A-Way Cafe · 45639 Lark Road222 m

Grocery (2)

  • Save-On-Foods137 m
  • Valley Sunrise Fresh Foods352 m

Parks (5+)

  • All Sappers Memorial Park123 m
  • Vedder Village Community Garden200 m
  • Campus Park228 m
  • Cheam Centre Park397 m
  • Mitchell Gardens · 45419 Chehalis Drive423 m

Shopping (1)

  • Big Box Outlet Store · 5725 Vedder Road331 m

Gyms (2)

  • Studio B Yoga · #8, 45540 Market Way196 m
  • Pumphouse Fitness Inc · 5725 Vedder Road350 m

Banks & ATMs (2)

  • Envision Financial95 m
  • CIBC · 5955 Vedder Road754 m

Nearby places data: © OpenStreetMap contributors.

School district: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($390,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,560,000.00
Periodic payment — Principal & Interest (monthly)$10,064.59
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$10,064.59
Interest paid over 5-yr term$447,100.48
Balance at end of term$1,403,225.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$390,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,995.85

Cash Needed at Closing

Minimum down payment$390,000
Estimated BC PTT$37,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,500

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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