- Active
46323 Magnolia Avenue
Chilliwack Proper East, Chilliwack · Single Family Residence
- Beds
- 5
- Baths
- 3
- Sqft
- 3,451
- Built
- 1970
Listed by Homelife Advantage Realty Ltd · MLS® R3152808
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About this home
This MASSIVE 1/4 ACRE LOT has a large 3451 sqft split level home with 3 bdrms up PLUS a 2 bdrm suite and potential ROOM TO BUILD A COACH HOUSE or take down the existing house and BUILD A DUPLEX! Full appliances up and down, single car garage, large driveway and a fenced yard make this home an ideal opportunity for families or investors offering flexibility for income generation, multi-generational living or room to grow. Move in and enjoy the friendly neighborhood setting minutes away from schools, parks, shopping, recreation and all that Chilliwack has to offer. A diamond in the rough with R1-A zoning opening up endless opportunities!
Home facts
- Bedrooms
- 5
- Bathrooms
- 3 full
- Interior
- 3,451 sq ft
- Lot size
- 10,979 sq ft
- Year built
- 1970
- Storeys
- 2
- Parking
- 4
- Property type
- Single Family Residence
- Basement
- Full
- Garage
- Yes
- Carport
- No
- Fireplaces
- 3
- Area
- Chilliwack
- Sub-area
- Chilliwack Proper East
- Style
- Split Entry
- Structure
- Residential Detached
Highlights
- Balcony
- In-suite laundry
- Private yard
Features and inclusions
- Appliances
- Washer/Dryer, Dishwasher, Refrigerator, Stove
- Heating
- Electric, Heat Pump
- Parking
- Garage Single
- Lot
- Central Location, Cul-De-Sac, Recreation Nearby
- Laundry
- In Unit
- Community
- Shopping Nearby
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $4,692
- Property tax
- $292/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $5,134
Purchase snapshot
- List price
- $990,000
- Down payment
- $198,000 (20%)
- Estimated mortgage
- $792,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $4,740
- At 4.7875 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $2,295 a month
- Gross yield
- 2.8%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Space and layout
Room sizes and building details need a free account
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Home value
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Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Chilliwack
Ten year average, 2016–2025.
- Average temperature
- 10.9°C
- Daily mean across the year.
- Yearly precipitation
- 1,337 mm
- 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.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Moderate risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 44%
Who lives here
Documents
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