Property Type: Land / LotOwnership: Strata

8 51076 FALLS COURT, Eastern Hillsides

Chilliwack, BC V4Z1K7

$322,488

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Property Details

Property & Lot

Lot size
5,808 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Annual property tax
$2,252.22 (2024)

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Listing Information

MLS®
R3012356
Listed
June 6, 2025
Time on market
On the market for 451 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: RE/MAX Crest Realty · Data source: CREA DDF.

Description

Welcome to Falls Court - Where Your Dream Home Begins! Nestled in the gentle slopes of Chilliwack, Falls Court is a charming new community offering ready-to-build single-family lots that blend modern living with natural beauty. Enjoy breathtaking mountain and valley views, just steps from Bridal Falls, and adjacent to The Falls Golf Club for the perfect balance of tranquility and recreation. With easy highway access, Unity Christian School, and a vibrant, growing neighbourhood. Falls Court delivers the ideal combination of convenience, community, and connection to nature. Don't miss this opportunity to build the home you've always envisioned in one of Chilliwack's up and coming sought-after locations. Lots 1-5, 7-9 also for sale. (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.

Nearby Schools

SchoolTypeDistance
Unity Christian School(Independent)K-12710 m
Rosedale Traditional CommunityElementary2.6 km
East Chilliwack ElementaryElementary3.9 km
Timothy Christian School(Independent)K-124.6 km
Mount Cheam Christian School(Independent)K-125.1 km
Cheam ElementaryElementary6.9 km
Leary Integrated Arts & TechnologyElementary8.2 km
Highroad Academy(Independent)K-128.9 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,124) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$257,990.00
Periodic payment — Principal & Interest (monthly)$1,664.46
Additional monthly expenses (strata, tax, utilities, etc.)$187.68
Total monthly cost$1,852.15
Interest paid over 5-yr term$73,940.68
Balance at end of term$232,062.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,124
Stress test qualifying rate8.09%
Payment you must qualify for$2,355.83

Cash Needed at Closing

Minimum down payment$16,124
Estimated BC PTT$4,450
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,074

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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