Property Type: Land / Lot

6396 SUMAS PRAIRIE ROAD, Greendale

Sardis - Greendale, BC V2R4N6

$2,999,999

5,874 sqftBuilt 1970
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Amenities

Also listed: Street Lighting

Property Details

Property & Lot

Lot size
0.63 acres

Ownership & Fees

Property type
Land / Lot

Interior

Fireplace
None

Listing Information

MLS®
C8075792
Listed
February 3, 2026
Time on market
On the market for 209 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Advantage Property Management · Data source: CREA DDF.

Description

Exceptional commercial property in the highly sought-after Greendale area. Located on one of the community's busiest corners, this prominent 0.63-acre corner lot features four commercial units along with a spacious five-bedroom residence. The property offers excellent development potential, including the possibility of a two-storey commercial building with six storefronts and loading bays. All existing units are fully leased to reliable long-term tenants who would be happy to remain. The asking price reflects an estimated 5.26% cap rate return. A rare and outstanding opportunity to own a truly remarkable asset. (id:63159)

Values & Trends

This listing

$511/sqft

Building average

No other active listings in this building

Sardis - Greendale average

No comparable active listings

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

Nearest station: Chilliwack

16°C

Humidity 88%

Wind ENE 2 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Greendale ElementaryElementary443 m
La VerendryeElementary/Middle2.9 km
Yarrow Community SchoolElementary3.6 km
Unsworth ElementaryElementary3.6 km
John Calvin School(Independent)Elementary/Middle4.6 km
Barrowtown ElementaryElementary4.7 km
Mount Slesse Middle SchoolElementary5.0 km
Tyson ElementaryElementary5.2 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.

School district: Chilliwack (SD33)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,999.00
Periodic payment — Principal & Interest (monthly)$15,483.98
Additional monthly expenses (strata, tax, utilities, etc.)$294.00
Total monthly cost$15,777.98
Interest paid over 5-yr term$687,846.61
Balance at end of term$2,158,806.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$600,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,455.15

Cash Needed at Closing

Minimum down payment$600,000
Estimated BC PTT$68,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,500

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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