402 Water Ave, Hope BC - Single Family Residence for Sale - MLS# R3154710

59 days on the market
$825,000
Est. Mortgage $3,650/mo
Listing updated:
EstateBlock checked:
3 Beds
2 Baths
1948 sqft
424 $ /sqft
1997 built
13.2% price reduction
59 days on the market
$825,000
$950,000
Est. $3,650/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 402 Water Avenue

13.2% price reduction

This spectacular 100' river front property hosts a beautiful custom built rancher surrounded by old growth cedars, mature landscaping & beautiful gardens. The views from your very private upper and lower cedar decks are absolutely breathtaking! With private access to a beach area & boat launch this property offers more than just a home, it offers a lifestyle. The gourmet kitchen showcases oak cabinets, granite counter tops & stainless steel appliances. Engineered hardwood and ceramic tile throughout, as well as new carpet in the living room, 9' ceilings, heated garage/shop attached plus a 10x14 custom built detached storage shed. New hot water tank 2025 & the seller is open to offers including some of the furniture. Would like to sell the home with the pool table and piano.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Fireplace 1
Heating Type Forced Air, Natural Gas
Cooling Air Conditioning
# of Kitchens 1
Flooring Hardwood, Tile, Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description River & Mountain
Roof Asphalt
Structures Residential Detached

Building Details

Price $825,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1948
Year Built 1997
Age Of Building 29
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Front Access
Total Parking Spaces 5

Lot & Land

Lot Size 6700
Lot Size Depth Feet
Lot Size Frontage 100
MLS® # R3154710
Area Hope & Area
Neighbourhood Hope
City Hope
Postal Code V0X 1L0
Gross Taxes $4,773.3
Zoning RS-1

Property Timeline

Status Date Price
R3154710 / Active 08-11-2026 $825,000
Rooms
Floor Type Dimensions
Main Level Living Room 23'2 x 23'2 ft
Main Level Dining Room 11'9 x 11'9 ft
Main Level Kitchen 21'4 x 21'4 ft
Main Level Primary Bedroom 16'5 x 16'5 ft
Main Level Walk-In Closet 7'5 x 7'5 ft
Main Level Bedroom 11'9 x 11'9 ft
Main Level Bedroom 11'9 x 11'9 ft
Main Level Den 10'11 x 10'11 ft
Main Level Foyer 7'6 x 7'6 ft
Main Level Laundry 7'7 x 7'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #4

Listed by: RE/MAX Nyda Realty (Hope)

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 & Neighbourhood

Private Schools

Elementary,Secondary
Seabird Island Community
Below Average 23.59 km 3/10
Elementary,Secondary
Seabird Island Community
Below Average 23.59 km 3/10

Closest Transit

Bus Stop
Park St farside 3 Ave (EB)
0.64 km

Demographics

Post-Secondary Education
Below Average 10.4%
No Certificate/Degree
Above Average 23.6%
Owner Occupied
Below Average 50.6%
Employment Rate
Below Average 40.2%

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

48 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How HOPE compares
This property
59 DOM
Slower than area
Hope avg
35 DOM
Average
Hope avg
35 DOM
Faster market

402 Water Avenue has a sell-speed score of 48/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 10.8% and an area average of 35 days on market — buyers have more leverage. With only 809 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 V0X 1L0

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0X 1L0, 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 High

Located within the "Hope" WUI zone (Risk Class 1 — High). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.2 µg/m³ — meets WHO 2021 guideline. Nearest station: Hope Airport, Hope (~4 km). Annual avg AQHI 1.5 — Low Risk.

Heat Moderate

Hope currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~7 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.5 °C baseline, ~32.1 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Typical for region

Annual precipitation ~1830 mm (1981–2010 baseline), projected ~1868 mm by the 2050s. Extreme 1-day rainfall: ~67.5 mm baseline, ~72.9 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~19 days baseline, ~22 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

Shopping (18 nearby)

  • Envision financial · 691 m · Bank
  • Hope · 732 m · Post Office
  • Fields · 765 m · Clothes

Restaurants (8 nearby)

  • Subway · 730 m · Fast Food
  • Captain jac fish & chips · 741 m · Fast Food
  • Pizza hut · 741 m · Restaurant

Groceries (4 nearby)

  • Peter's market & deli · 725 m · Convenience
  • Farm s.k.t. market · 799 m · Greengrocer
  • Bc liquor store · 862 m · Beverages

Healthcare (3 nearby)

  • Pharmasave · 792 m · Healthcare
  • Hope pharmacy · 822 m · Healthcare
  • Fraser canyon remed's rx · 845 m · Healthcare

Cafes (2 nearby)

  • Hope mountain cafe · 804 m · Cafe
  • Blue moose coffee house · 848 m · Cafe

Transit (2 nearby)

  • Bus stop park st farside 3 ave (eb) · 640 m · Transit
  • Bus stop 3 ave nearside commission st (nb) · 738 m · Transit

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Spirit of Hope Secondary

Public

Grades Served

—

Catchment Info

—
N/A

Distance

421 m

Hope Secondary

Public

Grades Served

—

Catchment Info

—
4.8 / 10

Distance

430 m

Two Rivers Education Centre

Public

Grades Served

8-12

Catchment Info

—
3.1 / 10

Distance

700 m

Coquihalla Elementary School

Public

Grades Served

K-6

Catchment Info

—
4.6 / 10

Distance

819 m

Fraser Cascade Continuing Education

Public

Grades Served

—

Catchment Info

—
N/A

Distance

855 m

Silver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
2.8 / 10

Distance

2.82 KM

Walkability & Transit Near 402 Water Avenue

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 402 Water Avenue

/month
Principal & Interest
Property Taxes $398
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $3,549/month in total housing costs on this $825,000 property — $3,151 mortgage payment, $398 property tax.
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

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $2,962/month estimated rent and $3,686/month in total housing costs, this property has a -$724/month cashflow. Break-even down payment: approximately 39%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 402 Water Avenue, Hope

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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Principal paid off by year 5 —
Principal paid off by year 10 —

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 — Hope, Hope

Beds Home Types Square Feet Lot Size Year Built
This Home $825,000
Hope Loading...
Hope Loading...

No active comparable properties are currently available for this property type in Hope. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (13.2% price reduction) based on its competitive pricing and market demand.

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 402 Water Avenue

Walk Score Badge
Car-Dependent 52

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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