Home Chilliwack, BC Garrison Crossing The Boardwalk 506 5380 Tyee Lane

506 5380 Tyee Lane, Chilliwack BC V2R 6B6 – Condo for Sale – MLS® R3183089

506 5380 Tyee Lane, Chilliwack, British Columbia V2R 6B6

Chilliwack Condos for Sale

Today on the market

$1,599,999

Est. monthly cost $7,942/mo

Updated with MLS® - Nov 12, 2026 at 02:10pm

3 Beds

4 Baths

2814 sqft

569 $ /sqft

934 $ Maint. fee

2019 built

NEW

Photos

A truly remarkable CORNER PENTHOUSE offering an exceptional level of luxury, scale and privacy at The Boardwalk. Perched above it all, 2800 sq ft. of sprawling, rancher-style living features 3 bedrooms, a den and 4 bathrooms, complemented by almost 1,000 sq ft. of spectacular outdoor living with a ROOFTOP PATIO. Walls of windows frame beautiful views, while impressive 14-foot ceilings create a dramatic sense of space. The entertainer’s kitchen, custom bar with dual climate controlled wine fridge and multiple outdoor retreats make this home as impressive as it is inviting. Every detail speaks to quality and thoughtful design. Hunter Douglas power blinds, custom cabinetry, A/C, SS appliances, stair lift. Complete with three parking stalls and two storage lockers. Your private viewing awaits!

Building 24 fields Inside & out 13 fields Lot & land 7 fields

Building Details

Price	$1,599,999
Total Bedrooms	3
Total Bathrooms	4
Full Bathrooms	3
Half Bathrooms	1
Floor Area Total (sqft)	2814
Year Built	2019
Age Of Building	7
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Penthouse
Stories	1
Building Amenities	Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Ownership Type	Freehold Strata
Maintenance Fee	$934
Community Features	Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Utility Type	Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer, Sanitary Sewer
Water (WaterSource)	Public
Parking Type	Underground, Guest, Garage Door Opener
Total Parking Spaces	3
Strata Restrictions	Pets Allowed w/Rest.
Pet Restrictions	Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Wine Cooler
Interior Features	Elevator, Pantry, Wet Bar
Heating Type	Baseboard, Heat Pump
Cooling	Central Air, Air Conditioning
Laundry	In Unit
# of Kitchens	1
Flooring	Mixed, Tile
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony
Roof	Asphalt, Torch-On
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3183089
Area	Sardis
Neighbourhood	Garrison Crossing
City	Chilliwack
Postal Code	V2R 6B6
Gross Taxes	$6,716.93
Zoning	CD-19

Property Timeline

Status	Date	Price
R3183089 / Active	11-12-2026	$1,599,999

Rooms

Floor	Type	Dimensions
Main Level	Primary Bedroom	15'2 x 15'2 ft
Main Level	Bedroom	19'2 x 19'2 ft
Main Level	Bedroom	14'10 x 14'10 ft
Main Level	Dining Room	16'0 x 16'0 ft
Main Level	Living Room	17'10 x 17'10 ft
Main Level	Kitchen	12'2 x 12'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#5
Main Level	No	#3

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.

About the building: The Boardwalk

5380 Tyee Lane, Garrison Crossing, Chilliwack

The Boardwalk building details

Building

Built: 2019
Homes: 91 in 5 storeys
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: EPS4943
Managed by: Advantage Property Management
Parking: Visitor Parking, Garage: Underground
Lockers: Limited
Strata fee covers: WaterSnow removalSewerManagementHot WaterGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 2
Rentals: Allowed

Market at The Boardwalk

For sale: 4
Median ask: $747K
Median $/sqft: $605
Days on market: 47
Sold, past year: 11

This home

$569/sqft, 6% below the building median of $605.

Structural warranty runs to 2029 under BC's 2-5-10 new-home warranty.

Homes for sale at The Boardwalk, Chilliwack Recent sold listings in The Boardwalk, Chilliwack

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 23.67 km · sell-speed score 40/100 (may take longer) · flood lower risk · wildfire moderate

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (13 nearby)

Bus stop keith wilson at carter (wb) · 441 m · Transit
Bus stop tyson at keith wilson (sb) · 513 m · Transit
Bus stop keith wilson rd at cantebury dr (wb) · 523 m · Transit

Private Schools

Elementary
Cascade Christian School: Above Average 6.41 km 7/10
Elementary, Secondary
Highroad Academy: Above Average 7.79 km 7/10

Closest Transit

Bus Stop
Keith Wilson at Carter (WB): 0.44 km
Skytrain
West Coast Express @ Mission City Station: 23.67 km

Demographics

Post-Secondary Education: Below Average 15.4%
No Certificate/Degree: Above Average 16.2%
Owner Occupied: Average 66.8%
Employment Rate: Average 61.7%

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

40 / 100

Overall sell-speed score

May take longer

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 23.67 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

0 DOM

Very fast

Garrison Crossing avg

46 DOM

Average

Chilliwack avg

46 DOM

Slower market

506 5380 Tyee Lane has a sell-speed score of 40/100, placing it in the "May take longer than the area average to sell" band. 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 could take longer than the area average to sell.

Climate Risk for V2R 6B6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2R 6B6, 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 (~6.9 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.

Schools NearBy

10 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Stitó:s Lá:lém Totí:lt	Public	Grades Served —	Catchment Info —	6.3 / 10	Distance 277 m
Mount Slesse Middle School	Public	Grades Served 7-9	Catchment Info —	5.2 / 10	Distance 1.06 KM
Unsworth Elementary School	Public	Grades Served K-6	Catchment Info —	6.9 / 10	Distance 1.34 KM
Watson Elementary School	Public	Grades Served K-6	Catchment Info —	5.2 / 10	Distance 1.63 KM
Tyson Elementary School	Public	Grades Served K-6	Catchment Info —	6.2 / 10	Distance 2.00 KM
Vedder Middle School	Public	Grades Served 7-9	Catchment Info —	5.5 / 10	Distance 2.28 KM
Vedder Elementary School	Public	Grades Served K-6	Catchment Info —	6.6 / 10	Distance 2.32 KM
Sardis Secondary School	Public	Grades Served 10-12	Catchment Info —	6.6 / 10	Distance 2.61 KM
Promontory Heights Community Elementary	Public	Grades Served —	Catchment Info —	5.6 / 10	Distance 2.64 KM
Cultus Lake Swílhcha Community School	Public	Grades Served —	Catchment Info —	7.1 / 10	Distance 2.82 KM

Walkability & Transit Near 506 5380 Tyee Lane

Almost All Errands Require a Car 13

Walk Score - Almost All Errands Require a Car

Almost all errands require a car

Some Transit 36

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 49

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $7,942/month · rent estimate $4,367/month · renting is cheaper than owning here · cash flow if rented −$3,846/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 506 5380 Tyee Lane

$7,942 /month

Principal & Interest $6,448

Property Taxes $560

Maintenance fee $934

The estimated monthly cost of 506 5380 Tyee Lane, Chilliwack is $7,942: $6,448 principal and interest with 20% down over 30 years at 4.45%, plus $560 property tax and $934 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

−$3,846 /month

Mortgage Payment $6,448

Monthly Cash Flow −$3,846

Break Even Down Payment 68%

Cap Rate -2.9%

Cash on Cash -14.4%

If 506 5380 Tyee Lane, Chilliwack were rented at $4,367 a month with 5% vacancy, it would fall $3,846 a month short of the mortgage and carrying costs; about 68% 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 5380 Tyee Lane, Chilliwack

$4,367 / month

Rent $4,367

Own $7,942

Principal: $2,074/mo Interest, tax, insurance, fees: $5,868/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$1,736/mo (year 1) → ~$4,037/mo (year 20) → ~$6,021/mo (year 29).

Net cost to own at year 5 ~$5,868/mo About $1,501/mo more than renting

EstateBlock estimates 506 5380 Tyee Lane, Chilliwack would rent for about $4,367 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 5380 Tyee Lane

Rent vs own

Renting is cheaper here

With 20% down ($320,000) at 4.45%: even counting principal paydown, owning costs more over 30 years

Principal paid off by year 5 $114,065

Principal paid off by year 10 $256,496

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 506 5380 Tyee Lane, Chilliwack stays cheaper than owning it over 30 years, with $114,065 of principal paid off by year 5 and $256,496 by year 10.