2 5623 Teskey Way, Chilliwack BC V2R 0K9 – Townhouse for Sale – MLS® R3168355

2 5623 Teskey Way, Chilliwack, British Columbia V2R 0K9

51 days on the market
$579,000
Est. monthly cost $2,939/mo
Updated with MLS® -
Wisteria Heights
3 Beds
3 Baths
1460 sqft
397 $ /sqft
382.72 $ Maint. fee
2008 built
51 days on the market
$579,000
Est. $2,939/mo with 20% down
Updated with MLS® -

Property Details for 2 5623 Teskey Way

WELCOME HOME! This immaculate 1,460 sq. ft. townhome is charming, affordable and shows true pride of ownership. Offering 3 bedrooms, 2 bathrooms, a spacious kitchen with shaker cabinets, granite counters, island and balcony access, plus a cozy living room with gas fireplace—perfect for curling up with a good book on cooler fall days ahead of us. Step outside to your lovely patio and garden. Updated appliances, furnace and hot water tank. Conveniently located near shopping with parking for 2 cars. Earlier possession may be available. ITS TIME TO STOP RENTING AND BECOME AN OWNER FANTASTIC PRICE! ONLY ASKING $579,000!

Building Details

Price $579,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1460
Year Built 2008
Age Of Building 18
Building Type Townhouse
Property Type Residential
Stories 2
Building Amenities Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Building Name Wisteria Heights
Ownership Type Freehold Strata
Maintenance Fee $382.72
Community Features Shopping Nearby
Amenities Nearby Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Community
Parking Type Garage Double
Total Parking Spaces 2
Strata Restrictions Pets Allowed w/Rest.,Rentals Allowed
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Rental Suites None
Units In Development 26

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partial
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Storage
Fireplace 1
Heating Type Forced Air
Laundry In Unit
# of Kitchens 1
Flooring Laminate, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Mountains
Roof Asphalt
Structures Residential Attached

Lot & Land

MLS® # R3168355
Area Sardis
Neighbourhood Promontory
City Chilliwack
Postal Code V2R 0K9
Gross Taxes $2,679.24
Zoning R5

Property Timeline

Status Date Price
R3168355 / Active 09-22-2026 $579,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'10 x 14'10 ft
Main Level Dining Room 11'1 x 11'1 ft
Main Level Kitchen 7'11 x 7'11 ft
Main Level Eating Area 11'0 x 11'0 ft
Above Level Primary Bedroom 11'1 x 11'1 ft
Above Level Walk-In Closet 7'0 x 7'0 ft
Above Level Bedroom 8'10 x 8'10 ft
Above Level Bedroom 9'7 x 9'7 ft
Below Foyer 3'4 x 3'4 ft
Below Storage 4'10 x 4'10 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3
Above Level No #4

Listed by: Homelife Advantage Realty Ltd

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map, sell speed & climate

SkyTrain 27.04 km · sell-speed score 50/100 (moderate pace) · flood lower risk · wildfire moderate

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (16 nearby)

  • Bus stop teskey way at promontory rd (eb) · 75 m · Transit
  • Bus stop promontory at highroad (nb) · 180 m · Transit
  • Bus stop promontory at teskey (sb) · 187 m · Transit

Restaurants (2 nearby)

  • J’s pizza · 33 m · Restaurant
  • Sushiwa · 116 m · Restaurant

Groceries (1 nearby)

  • Close to home market · 33 m · Convenience

Shopping (1 nearby)

  • Promontory ida pharmacy · 35 m · Pharmacy

Healthcare (1 nearby)

  • Promontory ida pharmacy · 35 m · Healthcare

Private Schools

Elementary
Cascade Christian School
Above Average 6.09 km 7/10
Elementary, Secondary
Highroad Academy
Above Average 6.45 km 7/10

Closest Transit

Bus Stop
Teskey Way at Promontory Rd (EB)
0.07 km
Skytrain
West Coast Express @ Mission City Station
27.04 km

Demographics

Post-Secondary Education
Below Average 15.7%
No Certificate/Degree
Average 14.8%
Owner Occupied
Above Average 79.2%
Employment Rate
Average 64.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

50 / 100
Overall sell-speed score
Moderate pace expected
C
Price competition grade
Avg comparable: $545,555
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 27.04 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PROMONTORY compares
This property
51 DOM
Average
Promontory avg
43 DOM
Average
Chilliwack avg
43 DOM
Faster market

2 5623 Teskey Way has a sell-speed score of 50/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.1% above comparable active properties in Promontory. The local market is currently a Balanced Market with a sales-to-active ratio of 17.8% and an area average of 43 days on market — conditions are balanced. With 214 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V2R 0K9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2R 0K9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Moderate

Located within the "Chilliwack" WUI zone (Risk Class 3 — Moderate). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Chilliwack Airport, Chilliwack (~5.7 km). Annual avg AQHI 1.8 — Low Risk.

Heat Elevated

Chilliwack currently sees ~4 days above 30 °C per year (1981–2010 baseline), projected to rise to ~16 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~31.5 °C baseline, ~34.1 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Typical for region

Annual precipitation ~1591 mm (1981–2010 baseline), projected ~1630 mm by the 2050s. Extreme 1-day rainfall: ~57.9 mm baseline, ~62.5 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~21 days baseline, ~23 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

4 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Promontory Heights Community Elementary

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

906 m

Vedder Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.6 / 10

Distance

1.64 KM

Vedder Middle School

Public

Grades Served

7-9

Catchment Info

—
5.5 / 10

Distance

2.53 KM

Watson Elementary School

Public

Grades Served

K-6

Catchment Info

—
5.2 / 10

Distance

2.79 KM

Walkability & Transit Near 2 5623 Teskey Way

Walk Score Badge
Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 26

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat Bikeable 28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,939/month · rent estimate $2,310/month · owning catches up with renting by year 2 · cash flow if rented −$801/month

Mortgage Calculator for 2 5623 Teskey Way

30-year fixed
$2,939 /month
Principal & Interest $2,333
Property Taxes $223
Maintenance fee $383

The estimated monthly cost of 2 5623 Teskey Way, Chilliwack is $2,939: $2,333 principal and interest with 20% down over 30 years at 4.45%, plus $223 property tax and $383 strata fee.

or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$801 /month
Mortgage Payment $2,333
Monthly Cash Flow −$801
Break Even Down Payment 48%
Cap Rate -1.7%
Cash on Cash -8.3%

If 2 5623 Teskey Way, Chilliwack were rented at $2,310 a month with 5% vacancy, it would fall $801 a month short of the mortgage and carrying costs; about 48% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2 5623 Teskey Way, Chilliwack

$2,310 / month
Rent $2,310
Own $2,939
Principal: $750/mo Interest, tax, insurance, fees: $2,189/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$628/mo (year 1) → ~$1,461/mo (year 20) → ~$2,179/mo (year 29).

Net cost to own at year 5 ~$2,189/mo About $121/mo less than renting

EstateBlock estimates 2 5623 Teskey Way, Chilliwack would rent for about $2,310 a month.

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Rent vs own: 2 5623 Teskey Way

Rent vs own

Owning catches up by year 2

With 20% down ($115,800) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $41,277
Principal paid off by year 10 $92,819

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 2 5623 Teskey Way, Chilliwack is cheaper at first, but owning catches up by year 2, with $41,277 of principal paid off by year 5 and $92,819 by year 10.

Price vs Neighbourhood Average — Promontory, Chilliwack

Beds Home Types Square Feet Lot Size Year Built
This Home $579,000
Chilliwack Loading...
Promontory Loading...

Based on 8 comparable active townhouses in Promontory, the average asking price is $545,555. This listing is priced 6.1% above the neighbourhood average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2 5623 Teskey Way

Walk Score Badge
Car-Dependent 47

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 26

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat Bikeable 28

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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