Book a showing

Schedule private showing

Book now

About this home

19.9 Acres of Development property ready to hit the market!! This development property in Eastern Hillsides area offers breathtaking views of the city. It is right next to the Aqulini Falls Development. Developers will have the unique ability to build & develop a multi-phase development consisting of multiple acres at very affordable price. Call before it gone.

Property details

Beds

2 full + 1 half

Baths

3,228 ft²

Floor area

866,844 ft²

Lot size

1981

Year built

Storeys

Parking

$6,627/yr

Gross tax

Location & structure

Single Family Residence

Type

None

Basement

Carport

Chilliwack

Area

Eastern Hillsides

Sub-area

Basement

None

Structure

Residential Detached

Features & inclusions

Appliances

Washer/Dryer, Dishwasher, Refrigerator, Stove

Heating

Other

Parking

Additional Parking, Open, RV Access/Parking, Side Access, Gravel

Lot

Cul-De-Sac, Private, Rural Setting, Wooded

Additional details

Levels

Two

Main floor (ground)

1,614 ft²

Tax year

2025

Listed by RE/MAX Colonial Pacific Realty. Data from BCRES. Last updated Jul 7, 2026, 11:12 PM.

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.

Mortgage estimate

Tax from listing

Est. monthly total

$14,523

/mo

Rate

Amortization

Principal and interest

$13,821

Property tax

$552

P&I

Tax

Down payment

$597,600 (20%)

Stress test this mortgage

Get Pre-Approved

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 $597,600 down (20%) on $2,988,000, 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.

Inventory mix

What this area trades in

Within 3 km of this listing · 77 listings

Detached	55	71.4%
Land	18	23.4%
Duplex	1	1.3%
Half-duplex	1	1.3%
Mobile home	1	1.3%
Other	1	1.3%

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 · Chilliwack · 345 dwellings

Single-detached335 · 97.1%

Apartment in duplex10 · 2.9%

Source: Statistics Canada · 2021 Census of Population

Market story

Rent in Chilliwack

Census 2021 avg $2,300/mo here · Vancouver 3BR rent (est) trend below

$3,370

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

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

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

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 #59090822· Chilliwack· Transit 5/100· 12.05 km²

Median rent here

$2,300

Owner shelter cost

$2,080

Renters

20.3%

30%+ on shelter

18.8%

Population (2021)

1,105

Median age

35.6

Avg household size

3.2

Avg household income

$133,500

Renters

20.3%

Owners

78.3%

Immigrants

15.8%

Post-secondary

51.8%

Avg home value

$1,030,000

Single status

19.0%

Not in labour force

29.5%

Households with kids

46.4%

Median rent

$2,300

Owner shelter cost

$2,080

30%+ on shelter

18.8%

Breakdown

$5,000 to $9,999	5	1.5%
$30,000 to $34,999	5	1.5%
$40,000 to $44,999	5	1.5%
$45,000 to $49,999	5	1.5%
$50,000 to $59,999	25	7.6%
$60,000 to $69,999	10	3.0%
$70,000 to $79,999	15	4.5%
$80,000 to $89,999	15	4.5%
$90,000 to $99,999	10	3.0%
$100,000 to $124,999	60	18.2%
$125,000 to $149,999	45	13.6%
$150,000 to $199,999	75	22.7%
$200,000 and over	55	16.7%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59090822).

7340 Ramsay Place

Book a showing

About this home

Property details

Location & structure

Additional details

Similar listings