Chilliwack · V2P 4Y3
$1,473/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Welcome to sought-after Elmwood Terrace! This spacious 1,024 sqft home features a convenient 2-bedroom, 2-bathroom layout. This home is ready for your ideas! The flooring has been removed to bare concrete and is priced accordingly, offering the perfect canvas for your custom renovations. Put your own touch on the home and design it exactly to your taste! Located in a quiet, proactive 55+ community, residents enjoy secure underground parking, storage, and fantastic amenities including a gym, library/billiards room, workshop, and a large social room. Central location, just a short stroll to shopping, dining, medical services, and transit. Bring your design ideas and book your private viewing today!
Buy / sell history for Unit 202 – 8725 Elm Drive, Chilliwack (Apartment/Condo)
Market
Balanced
Buyer’s market
Balanced
Seller’s market
Lower Mainland Apartment: 14.7% sales-to-active ratio (balanced market).
2
Beds
1,024 ft²
Floor area
1986
Year built
Apartment/Condo
Type
Chilliwack
Area
Estimate
Unit 202 – 8725 Elm Drive, Chilliwack (Apartment/Condo)
Estimated value
?Estimated rent
?Rental yield
?School
iGrowth
iRental
i$289,900 is 55.6% below the Lower Mainland Apartment HPI benchmark of $652,200 (2026-04-01).
A few details are member-only
Room-by-room dimensions, the level-by-level area split, construction & systems, zoning, PID and legal. Free to reveal with an account.
Space & layout
Finished area
1,024ft²
Level-by-level split
MemberRoom by room
Main floor
Living Room
Kitchen
Dining Room
Primary Bedroom
Basement
Bedroom
Recreation Room
Construction & systems
Construction
Foundation
Roof
Flooring
Water
Sewer
Utilities
Lot, zoning & legal
Zoning
Legal description
Nearby & Commute
7 min
walk to Chevron Food Mart
2 min
bike to Chilliwack
6 min
walk to Chilliwack
3h 26m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 34%
| Condo / Apartment | 105 | 34.0% |
| Detached | 99 | 32.0% |
| Townhouse | 64 | 20.7% |
| Land | 11 | 3.6% |
| Multi-family | 11 | 3.6% |
| Other | 19 | 6.1% |
| $20,000 to $24,999 | 15 | 9.7% |
| $30,000 to $34,999 | 10 | 6.5% |
| $35,000 to $39,999 | 10 | 6.5% |
| $40,000 to $44,999 | 15 | 9.7% |
| $45,000 to $49,999 | 5 | 3.2% |
| $50,000 to $59,999 | 20 | 12.9% |
| $60,000 to $69,999 | 15 | 9.7% |
| $70,000 to $79,999 | 10 | 6.5% |
| $80,000 to $89,999 | 10 | 6.5% |
| $90,000 to $99,999 | 5 | 3.2% |
| $100,000 to $124,999 | 15 | 9.7% |
| $125,000 to $149,999 | 15 | 9.7% |
| $150,000 to $199,999 | 10 | 6.5% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$1,473
Principal and interest
Calculated estimate
$1,248
Property tax
Calculated estimate
$75/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$269,900
Down payment
Calculated estimate
$53,980 (20%)
Estimated mortgage
Calculated estimate
$215,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Original list price
$283,395
Mortgage estimate
Metro averages
Est. monthly total
$1,473
/mo
Rate
%
Amortization
Principal and interest
$1,248
Property tax (est.)
$75
P&I
Tax
Down payment
$53,980 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $53,980 down (20%) on $269,900, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 4.5019 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Daily mean across the year.
A wetter corner of the province.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
