46085 First Avenue, Chilliwack, V2P 1W2 — photo 1

$1,099,000

46085 First Avenue, Chilliwack, V2P 1W2
Active
3 Bedrooms 2 Bathrooms 2,313 sqft Built 1933 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

This beautifully maintained 3-bedroom, 2-bath heritage-style home is full of timeless character and architectural elegance. Situated on a prominent corner lot in the heart of the downtown redevelopment area, this property offers exceptional potential as a live/work sanctuary. Zoned RC (Residential-Commercial), it provides a rare opportunity for variety of business use—perfect for those seeking to integrate their living and working spaces seamlessly. The home features 9 dedicated parking stalls for easy client access, while the basement offers generous storage options to support your business or lifestyle needs. A unique opportunity in a vibrant, high-exposure location—ideal for both personal comfort and professional growth.

NoneFireplace

Property Details

MLS #

R3032625

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RC

Bedrooms

3

Full Baths

1

Half Baths

1

Kitchens

1

Living Area

2,313 sqft

Main Floor

1,387 sqft

Above Main

419 sqft

Basement

507 sqft fin.

Lot Size

9,020 sqft

Lot Dimensions

83 x

Frontage

83

Year Built

1933

Age

93 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

9

Parking Type

Detached, Open, RV Access/Parking, Front Access, Rear Access, Asphalt

Original Price

$1,199,000

Taxes

$5,488.21/yr

Listed

2025-07-31

MLS Area

Chilliwack Downtown

City

Chilliwack

Postal Code

V2P 1W2

Features & Finishes

Heating

Forced Air

Flooring

Hardwood · Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Laundry

In Unit

Fireplace

Gas

Patio / Porch

Sundeck

Building & Community

Lot Features

Central Location

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Fixtures Removed

Yes

Fixtures Rented

Yes

Fixtures Removed

video cameras

Fixtures Rented / Leased

security alarm system

6.1

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market20% above market — check if justified
Days on market278 days — significantly stale, strong negotiation position
Price historyPrice dropped 8% from original ask — seller showing motivation
Market conditionsMarket avg 99% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,066,240

3% below asking price

Negotiation Range

$1,038,765$1,082,725

$43,960 spread

$1,038,765$1,099,000 ask

Based on 7 recent sales, a starting offer around $1,066,240 (3% below ask) is reasonable. Your negotiation range is $1,038,765 – $1,082,725.

What's factored in

Market baseline7 recent Chilliwack sales closed at median 98.9% of list price
Price already reducedSeller dropped from 8% off original ask — indicates motivation
Extended market time278 days listed — well above market avg of 203 days, increased negotiation leverage

Based on 7 residential sales in Chilliwack (last 60 days) · Updated May 5

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