506 45745 Watson Rd, Chilliwack BC V2R 6K3 – Condo for Sale – MLS® R3161220

506 45745 Watson Road, Chilliwack, British Columbia V2R 6K3

64 days on the market
$798,000
Est. monthly cost $3,700/mo
Updated with MLS® -
Skynest
2 Beds
2 Baths
1562 sqft
511 $ /sqft
484.22 $ Maint. fee
2023 built
64 days on the market
$798,000
Est. $3,700/mo with 20% down
Updated with MLS® -

Property Details for 506 45745 Watson Road

Welcome to one of Skynest's most desirable and quietest 5th floor CORNER unit, offering exceptional PRIVACY & LUXURY LIVING. Soaring 11-foot ceilings and EXPANSIVE windows with remote blinds create a bright, SOPHISTICATED interior, while the stunning DOUBLE-SIDED fireplace brings warmth and ambience to the living spaces. Step outside onto the MASSIVE 556 sq. ft. deck and enjoy breathtaking PANORAMIC mountain views—an EXTRAORDINARY setting for relaxing or entertaining. This EXCEPTIONAL home also includes TWO premium parking stalls & two storage lockers. Ideally located in the heart of Sardis, just minutes from shopping, restaurants & recreation. A rare opportunity combining location, lifestyle and luxury! Come check out the many upgrades and features this BEAUTIFUL home has to offer!

Building Details

Price $798,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1562
Year Built 2023
Age Of Building 3
Building Type Apartment/Condo
Unit Style Corner unit
Property Type Residential
Stories 1
Building Amenities Bike Room, Clubhouse, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Building Name Skynest
Ownership Type First Nations Lease
Maintenance Fee $484.22
Community Features Adult Oriented, Shopping Nearby
Amenities Nearby Bike Room, Clubhouse, Trash, Maintenance Grounds, Gas, Hot Water, Management, Sewer, Snow Removal, Water
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Garage Under Building, Asphalt, Garage Door Opener
Total Parking Spaces 2
Strata Restrictions Age Restrictions,Pets Allowed w/Rest.,Age Restricted 45+
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Units In Development 96

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Elevator, Guest Suite, Storage
Fireplace 1
Heating Type Electric
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Mountain Views
Roof Torch-On
Structures Multi Family, Residential Attached

Lot & Land

MLS® # R3161220
Area Sardis
Neighbourhood Sardis South
City Chilliwack
Postal Code V2R 6K3
Gross Taxes 0
Zoning CD10

Property Timeline

Status Date Price
R3161220 / Active 09-08-2026 $798,000
Rooms
Floor Type Dimensions
Main Level Living Room 15'8 x 15'8 ft
Main Level Kitchen 15'5 x 15'5 ft
Main Level Dining Room 11'2 x 11'2 ft
Main Level Den 8'8 x 8'8 ft
Main Level Primary Bedroom 12'3 x 12'3 ft
Main Level Bedroom 9'9 x 9'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4

Listed by: Advantage Property Management

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 25.16 km · sell-speed score 45/100 (moderate pace) · flood lower risk · wildfire moderate

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (24 nearby)

  • Bus stop watson at vedder (wb) · 47 m · Transit
  • Bus stop watson at vedder (eb) · 52 m · Transit
  • Bus stop vedder at promontory (nb) · 106 m · Transit

Shopping (22 nearby)

  • Td · 83 m · Bank
  • Td canada trust · 87 m · Bank
  • Scotiabank · 149 m · Bank

Restaurants (22 nearby)

  • Subway · 142 m · Fast Food
  • Booster juice · 169 m · Fast Food
  • Burger shack · 183 m · Fast Food

Groceries (5 nearby)

  • Clancy's meat co. · 206 m · Supermarket
  • Valley sunrise fresh foods · 512 m · Supermarket
  • Garrison wine & liquor merchants · 837 m · Beverages

Cafes (3 nearby)

  • Starbucks · 225 m · Cafe
  • Hide-a-way cafe · 643 m · Cafe
  • Starbucks · 937 m · Cafe

Healthcare (1 nearby)

  • Shoppers drug mart · 175 m · Healthcare

Private Schools

Elementary
Cascade Christian School
Above Average 4.95 km 7/10
Elementary, Secondary
Highroad Academy
Above Average 5.95 km 7/10

Closest Transit

Bus Stop
Watson at Vedder (WB)
0.05 km
Skytrain
West Coast Express @ Mission City Station
25.16 km

Demographics

Post-Secondary Education
Below Average 9.4%
No Certificate/Degree
Above Average 21.2%
Owner Occupied
Below Average 0%
Employment Rate
Below Average 13.4%

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: $870,000
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 25.16 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 SARDIS SOUTH compares
This property
64 DOM
Slower than area
Sardis South avg
46 DOM
Average
Chilliwack avg
46 DOM
Faster market

506 45745 Watson Road has a sell-speed score of 45/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.3% below comparable active properties in Sardis South, 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 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 6K3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2R 6K3, 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 (~5.1 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

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

340 m

Vedder Middle School

Public

Grades Served

7-9

Catchment Info

—
5.5 / 10

Distance

645 m

Watson Elementary School

Public

Grades Served

K-6

Catchment Info

—
5.2 / 10

Distance

833 m

Sardis Secondary School

Public

Grades Served

10-12

Catchment Info

—
6.6 / 10

Distance

1.23 KM

Tyson Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.2 / 10

Distance

1.24 KM

Mount Slesse Middle School

Public

Grades Served

7-9

Catchment Info

—
5.2 / 10

Distance

1.37 KM

Promontory Heights Community Elementary

Public

Grades Served

—

Catchment Info

—
5.6 / 10

Distance

1.52 KM

Sardis Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.3 / 10

Distance

1.84 KM

Stitó:s Lá:lém Totí:lt

Public

Grades Served

—

Catchment Info

—
6.3 / 10

Distance

2.04 KM

Unsworth Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.9 / 10

Distance

2.98 KM

Walkability & Transit Near 506 45745 Watson Road

Walk Score Badge
Very Walkable 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Bikeable 63

Bike Score - Bikeable

Some bike infrastructure

Costs & calculators

Monthly cost about $3,700/month · rent estimate $3,016/month · owning nets $182/month less than renting · cash flow if rented −$885/month

Mortgage Calculator for 506 45745 Watson Road

30-year fixed
$3,700 /month
Principal & Interest $3,216
Property Taxes $0
Maintenance fee $484

The estimated monthly cost of 506 45745 Watson Road, Chilliwack is $3,700: $3,216 principal and interest with 20% down over 30 years at 4.45%, plus $484 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

−$885 /month
Mortgage Payment $3,216
Monthly Cash Flow −$885
Break Even Down Payment 43%
Cap Rate -1.3%
Cash on Cash -6.7%

If 506 45745 Watson Road, Chilliwack were rented at $3,016 a month with 5% vacancy, it would fall $885 a month short of the mortgage and carrying costs; about 43% 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 506 45745 Watson Road, Chilliwack

$3,016 / month
Rent $3,016
Own $3,700
Principal: $1,034/mo Interest, tax, insurance, fees: $2,666/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$866/mo (year 1) → ~$2,014/mo (year 20) → ~$3,003/mo (year 29).

Net cost to own at year 5 ~$2,666/mo About $350/mo less than renting

EstateBlock estimates 506 45745 Watson Road, Chilliwack would rent for about $3,016 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: 506 45745 Watson Road

Rent vs own

Owning nets $182/mo less than renting

With 20% down ($159,600) at 4.45%: $2,834/mo net cost to own in year 1 vs $3,016/mo rent

Principal paid off by year 5 $56,890
Principal paid off by year 10 $127,927

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.

Owning 506 45745 Watson Road, Chilliwack nets about $182 a month less than renting it in year 1, with $56,890 of principal paid off by year 5 and $127,927 by year 10.

Price vs Neighbourhood Average — Sardis South, Chilliwack

Beds Home Types Square Feet Lot Size Year Built
This Home $798,000
Chilliwack Loading...
Sardis South Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Chilliwack, similar apartments/condos average $870,000 across 2 active listings — this listing is 8.3% below the Chilliwack 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 506 45745 Watson Road

Walk Score Badge
Very Walkable 78

Walk Score - Very Walkable

Most errands can be accomplished on foot
Bike Score Badge
Bikeable 63

Bike Score - Bikeable

Some bike infrastructure

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