407 45530 Market Way, Chilliwack BC - Apartment/Condo for Sale - MLS# R3119867

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Listing updated:
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The Residences
2 Beds
2 Baths
871 sqft
596 $ /sqft
433 $ Maint. fee
2009 built
Closed
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This property sold for
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Listing updated:
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Sold price & sold date
Original list price & price changes
Full photo gallery - 40 photos
Days on market & listing history

Map & Neighbourhood

Private Schools

Elementary
Cascade Christian School
Above Average 5.73 km 7/10
Elementary, Secondary
Highroad Academy
Above Average 6.82 km 7/10

Closest Transit

Bus Stop
Keith Wilson at Dieppe (EB)
0.14 km
Skytrain
West Coast Express @ Mission City Station
24.89 km

Demographics

Post-Secondary Education
Below Average 20%
No Certificate/Degree
Average 14.8%
Owner Occupied
Above Average 75.6%
Employment Rate
Average 63.5%

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

45 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $560,520
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 24.89 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 GARRISON CROSSING compares
This property
101 DOM
Slower than area
Garrison Crossing avg
46 DOM
Average
Chilliwack avg
46 DOM
Faster market

407 45530 Market Way has a sell-speed score of 45/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8% below comparable active properties in Garrison Crossing, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.9% and an area average of 46 days on market — buyers have more leverage. With only 240 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 0M5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2R 0M5, 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 (BC ENV 2024). Nearest station: Chilliwack Airport, Chilliwack (~5.9 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.

Nearby Restaurants, Cafes & Shops

Transit (23 nearby)

  • Bus stop keith wilson at dieppe (eb) · 138 m · Transit
  • Bus stop keith wilson at dieppe (wb) · 213 m · Transit
  • Bus stop vedder at wren (nb) · 232 m · Transit

Shopping (22 nearby)

  • Fabutan · 70 m · Beauty Shop
  • Garrison running co. · 88 m · Sports Shop
  • The owl and the cat bookery · 106 m · Bookshop

Restaurants (21 nearby)

  • Garrison bistro · 46 m · Restaurant
  • Subway · 80 m · Fast Food
  • Freshslice pizza · 87 m · Fast Food

Groceries (6 nearby)

  • Garrison wine & liquor merchants · 36 m · Beverages
  • Sardis park wines · 165 m · Beverages
  • The town butcher · 219 m · Butcher

Cafes (5 nearby)

  • Starbucks · 185 m · Cafe
  • Hide-a-way cafe · 248 m · Cafe
  • Amble coffee · 250 m · Cafe

Healthcare (1 nearby)

  • Shoppers drug mart · 857 m · Healthcare

Schools NearBy

10 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Vedder Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.6 / 10

Distance

978 m

Watson Elementary School

Public

Grades Served

K-6

Catchment Info

—
5.2 / 10

Distance

1.01 KM

Mount Slesse Middle School

Public

Grades Served

7-9

Catchment Info

—
5.2 / 10

Distance

1.11 KM

Stitó:s Lá:lém Totí:lt

Public

Grades Served

—

Catchment Info

—
6.3 / 10

Distance

1.26 KM

Vedder Middle School

Public

Grades Served

7-9

Catchment Info

—
5.5 / 10

Distance

1.34 KM

Promontory Heights Community Elementary

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

1.39 KM

Tyson Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.2 / 10

Distance

1.58 KM

Sardis Secondary School

Public

Grades Served

10-12

Catchment Info

—
6.6 / 10

Distance

1.88 KM

Unsworth Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.9 / 10

Distance

2.52 KM

Sardis Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.3 / 10

Distance

2.67 KM

Walkability & Transit Near 407 45530 Market Way

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
73

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 407 45530 Market Way

/month
Principal & Interest
Property Taxes $191
Maintenance fee 433
Financing 80% of the $519,000 asking price over 30 years at 4% results in approximately $2,606/month in total estimated carrying costs, $191 property tax, $433 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,967/month in rental income, leaving a -$691/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 407 45530 Market Way, Chilliwack

Buy Vs Rent Calculator

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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.

Price vs Neighbourhood Average — Garrison Crossing, Chilliwack

Beds Home Types Square Feet Lot Size Year Built
This Home
Chilliwack Loading...
Garrison Crossing Loading...
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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

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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 407 45530 Market Way

Walk Score Badge
Car-Dependent 83

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 39

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
73

Bike Score - Very Bikeable

Biking is convenient for most trips

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