8450 Banford Rd, Chilliwack, BC, MLS® R3073732

$2,200,000
Est. Mortgage /mo

$2,200,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
4 Baths
2 Stories
lot 155509 sqft
3486 sqft
1994 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

8450 Banford Rd, Chilliwack, BC | MLS® R3073732 Property Details

Exceptional 3.5-acre farm currently operating as a bamboo nursery. The property features three 30’ x 100’ greenhouses, multiple outbuildings, and established infrastructure ideal for a nursery or agricultural business. A beautifully updated 3486 sq ft two-storey home includes a self-contained in-law suite, offering flexibility for extended family or additional income. A rare and valuable highlight is approximately 1,000 feet of highway exposure with approved rights to a commercial highway sign, providing outstanding visibility. Serviced by city water, located on a quiet dead-end street, and just minutes to shopping, schools, and amenities. A unique opportunity combining lifestyle, income potential, and future business possibilities.

General Info

Price $2,200,000
Total Bedrooms 5
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3486
Lot Size 3.57
Lot Size Depth Feet
Lot Size Frontage 152
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1994
Age Of Building 31
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3073732
Area Chilliwack
Neighbourhood East Chilliwack
City Chilliwack
Gross Taxes $7,023.08
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Open, Other
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning AL
Rental Suites -
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View 1
View Description Mountain veiws
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: Pathway Executives Realty Inc.

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.

Neighborhood Info

Private Schools

Elementary, Secondary
Highroad Academy
2.86 km
7/10
Above Average
Elementary, Secondary
Highroad Academy
2.86 km
7/10
Above Average

Closest Transit

Bus Stop
1st at Hiebert (EB)
2.89 km
Skytrain
West Coast Express @ Mission City Station
29.78 km

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)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 8450 Banford Road, Chilliwack, BC - Your Dream Home Awaits!

As we step into the vibrant community of Chilliwack, BC, I'm excited to introduce you to this stunning home at 8450 Banford Road, MLS® R3073732. Nestled in a desirable neighborhood, this property offers the perfect blend of comfort, convenience, and lifestyle amenities.

Education at Your Doorstep

Just down the road from 8450 Banford Road, you'll find Highroad Academy, a highly-rated elementary independent school with a rating of 7/10. This school is just a 2.86 km walk or drive from your new home, providing your little ones with access to quality education.

For secondary education, Highroad Academy is also the closest option, with a rating of 7/10 and a convenient 2.86 km distance from your home.

Easy Commuting

The closest bus station, 1st at Hiebert (EB), is just 2.89 km away from this listing, making it easy to get around the city and connect with public transportation.

Demographics and Lifestyle

This charming neighborhood adjacent to 8450 Banford Road boasts a unique demographic profile. Approximately 8.9% of residents hold a university certificate or degree, which is considered Low compared to other BC neighborhoods. Conversely, 21.3% of the population has no certificate or degree, which is Above Average in comparison to the BC average.

Thriving Community

The median household income in this area is $90,581, which is Above Average in comparison to the British Columbia average. Median personal income is $35,456, which is Average in comparison to the BC average. The percentage of households with a mortgage is 47.7%, which is considered Low.

Job Market and Economic Growth

The unemployment rate in this area is a mere 2.1%, which is Low in comparison to other province neighborhoods. This indicates a strong and stable job market.

Real Estate Insights

This home is situated in the East Chilliwack area, where the population change between 2011 and 2016 was -2.3%, which is Below Average in comparison to the average growth rate of this region. The population density per square kilometre is 56.9, which is Below Average.

Family-Friendly Community

The average family size in this area is 3.4, which is High compared to the whole region. Approximately 59.9% of families have children, which is Average. Married or living common law couples make up around 64% of the population, which is Above Average.

Age and Diversification

The average age of the population is 37.4, which is Low in comparison to other BC cities.

Real Estate Values

The average value of dwellings in this neighborhood is $755,259, which is High compared to other areas in British Columbia.

Owner vs. Tenant

Average owner payments are Average in this area, with owners spending $1,305 on average for their dwelling. Tenants, on the other hand, pay $1,109, which is Above Average in comparison to other cities.

Language and Transportation

Approximately 27.1% of the population in this area are renters, which is Average compared to other BC cities and areas. English and French speakers make up 3.3% of the population, which is Low. However, 95.3% of the population speaks only English, which is Above Average.

Getting Around

Only 1.5% of the population in this area uses public transport, which is Low. In contrast, 85.5% of the population uses cars, which is Average. Bicycles are a popular mode of transportation, with 4.1% of the population using them, which is High. Walking is also a common practice, with 7.1% of the population doing so, which is Above Average.

Experience the Best of Chilliwack, BC

As you explore the charming neighborhood of 8450 Banford Road, Chilliwack, BC, MLS® R3073732, you'll discover a unique blend of comfort, convenience, and lifestyle amenities. Whether you're a young family, a professional, or a retiree, this home is the perfect starting point for your new chapter in Chilliwack, BC.

Let's explore this home together and make your dreams a reality!

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,200,000
Chilliwack $1,850,000
East Chilliwack No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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