Rare Penthouse Below Assessed Value – Don’t Miss Out! Bright & spacious 2 bdrm, 2 bath corner unit, 1,155 sq ft in quiet 55+ Elmwood Terrace. Skylight entry, laminate floors, enclosed sunroom w/ stunning mountain views. Generous primary bdrm w/ walk-in closet & ensuite. In-suite storage + 2nd storage on same floor. Strata fee incl. heat and hot water. Amenities: meeting room, pool table, exercise room, woodworking shop. Secure underground parking + visitor spots. Central location, walk to hospital, shops & dining. Quick possession available. Excellent value in a well-maintained, friendly non smoking building.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 17' x 17' ft |
| Main Level | Dining Room | 12' x 12' ft |
| Main Level | Kitchen | 11' x 11' ft |
| Main Level | Primary Bedroom | 11' x 11' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Laundry | 8' x 8' ft |
| Main Level | Storage | 5' x 5' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Main Level | Yes | #3 |
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.
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Welcome to 308 8725 Elm Drive, a beautiful home for sale in the heart of Chilliwack, BC! As we walk through the community, I'm excited to share with you the unique features and benefits that make this neighborhood truly special.
Let's start with the schools. The closest Elementary school to this home is Highroad Academy, with a rating of 7/10 and located just 1.1 km away. This school is highly regarded for its academic excellence and is a popular choice for families in the area.
Just a short walk from Highroad Academy is the Secondary school, also Highroad Academy, with a similar rating of 7/10 and located just 1.1 km from this home. Both schools are committed to providing a well-rounded education that prepares students for success in all areas of life.
Now, let's talk about transportation. The closest Bus station is Young Rd at Rowat Ave (SB), just 0.35 km away from this listing with MLS® R3050821. With convenient public transportation options, you'll have easy access to all the amenities and attractions that Chilliwack has to offer.
As we explore the neighborhood, you'll notice that 9.5% of people in the area hold a university certificate or degree, which is Low compared to other BC neighborhoods. However, 21.6% of the population in this area have no certificate or degree, which is Above Average compared to the average in BC.
In terms of income, the median household income near this dwelling is $63,707, which is Average in comparison to the British Columbia average. The median personal income is $30,822, which is Below Average in comparison to the BC average. However, 66.1% of households in this area have a mortgage, which is Above Average.
The unemployment rate in the area around MLS® R3050821 is 6%, which is Below Average in comparison to other province neighborhoods.
As we take a closer look at the demographics of the area, you'll notice that the population change between 2011 and 2016 was 2.9%, which is Above Average in comparison to the average growth rate of this region.
The population density per square kilometre in this community is 1,299.8, which is Average. The average size of families in the area is 2.9, which is Average in comparison to the whole region. Furthermore, 57.6% of families in the area have children, and 58.4% are married or living common law, both of which are Average.
In terms of age, the average age of the population in the area is 40.6, which is Average in comparison to other BC cities.
Now, let's talk about real estate. The average value of dwellings in this neighborhood is $299,965, which is Below Average compared to other areas in British Columbia. However, the average owner payments are Below Average in the area, with owners spending an average of $1,040 per month. Tenants, on the other hand, are paying an average of $1,194 per month, which is Above Average.
Finally, 21.9% of the population in this area are renters, which is Average in comparison to other BC cities and areas.
I hope this gives you a better sense of the community and what makes 308 8725 Elm Drive, Chilliwack, BC MLS® R3050821 such a special place to call home. Whether you're a first-time buyer, a growing family, or an investor looking for a great opportunity, this home has something for everyone.
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