RARE OPPORTUNITY in highly desired Cultus Lake! One of the few properties w/a sought-after SHORT-TERM RENTAL permit. Charming 1500+ sq ft log cabin rancher w/bsmt on a lrg 7500 sq ft private landscaped CORNER LOT w/no homes in front + lane behind. 2 bdrms + possible 3rd down, spacious liv/din rm w/gas f/p, wall-to-wall built-in china cab, laundry & varathaned log interior. Great sundeck opens to a quiet, tranquil backyard w/outside shower. Det'd single garage, back lane access, U-shaped driveway & 7+ prkg spaces incl space for you Boat &/or RV. Walk to beach, dog beach, trails, boat launch & marina and more. 5 mins drive to school, golf, waterslides, fun park & more. ENDLESS OPTIONS: family home, downsizer, rec property, STR/LTR investment or build your dream custom home on a prime lot!
Land ownership
Leasehold (prepaid strata)
Property details
2
Beds
1 full
Baths
1,561 ft²
Floor area
7,500 ft²
Lot size
1956
Year built
2
Storeys
7
Parking
$3,362/yr
Gross tax
Location & structure
Single Family Residence
Type
Partially Finished
Basement
Yes
Garage
No
Carport
1
Fireplace
Cultus Lake & Area
Area
Cultus Lake North
Sub-area
Rancher/Bungalow w/Bsmt.
Style
Style
Rancher/Bungalow w/Bsmt.
Basement
Partially Finished
Structure
Residential Detached
Property highlights
In-suite laundry
Private yard
Golf course
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Forced Air, Natural Gas
Parking
Garage Single, Open, Front Access, Lane Access
Lot
Central Location, Near Golf Course, Lane Access, Marina Nearby, Private
Laundry
In Unit
Additional details
Main floor (ground)
1,111 ft²
Tax year
2025
Listed by Stonehaus Realty Corp.. Data from BCRES. Last updated Jul 8, 2026, 10:09 AM.
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.
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 $197,800 down (20%) on $989,000, Canadian semi-annual compounding. Property tax sourced from listing. 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.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 33 listings
Detached
22
66.7%
Mobile home
8
24.2%
Land
3
9.1%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Fraser Valley H · 140 dwellings
Single-detached130 · 92.9%
Movable dwelling10 · 7.1%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59090812· Fraser Valley H· Transit 5/100· 56.45 km²
Median rent here
$1,440
Owner shelter cost
$552
Renters
6.7%
30%+ on shelter
13.3%
Population (2021)
291
Median age
62.0
Avg household size
2.1
Avg household income
$78,000
Renters
6.7%
Owners
93.3%
Immigrants
12.9%
Post-secondary
50.9%
Avg home value
$580,000
Single status
18.9%
Not in labour force
59.3%
Households with kids
17.9%
Median rent
$1,440
Owner shelter cost
$552
30%+ on shelter
13.3%
Breakdown
$15,000 to $19,999
10
7.4%
$20,000 to $24,999
10
7.4%
$25,000 to $29,999
5
3.7%
$30,000 to $34,999
5
3.7%
$35,000 to $39,999
5
3.7%
$40,000 to $44,999
5
3.7%
$50,000 to $59,999
5
3.7%
$60,000 to $69,999
20
14.8%
$70,000 to $79,999
15
11.1%
$80,000 to $89,999
5
3.7%
$90,000 to $99,999
5
3.7%
$100,000 to $124,999
10
7.4%
$125,000 to $149,999
10
7.4%
$150,000 to $199,999
10
7.4%
$200,000 and over
15
11.1%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59090812).
Market story
Rent in Fraser Valley H
Census 2021 avg $1,440/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
