507 - 5380 Tyee Lane, Chilliwack, V2R 6B6 — photo 1

$1,649,900

507 - 5380 Tyee Lane, Chilliwack, V2R 6B6
Active
3 Bedrooms 4 Bathrooms 2,877 sqft Built 2019 Residential

About This Property

"THE" PENTHOUSE @ The Boardwalk. THE most desirable. THE largest. THE most updates. THE BEST OF THE BEST! Sitting at 2877sq (+ 1000 ft of patios) w/ 3 bdrms + den & 4 bathrooms, this is a RANCHER IN THE SKY w/ an incredible ROOFTOP PATIO. Unique layout designed to capture DAYLIGHT, VIEWS, and allow ample living spaces for relaxation & entertainment. CHEFS KITCHEN; oversized island, dual ovens, gas range, wine cooler & an abundance of storage incl w.I. pantry. 14' ceilings in dining area that opens to a patio w/ powered retractable awning. Custom dual station office space, bar w/ 240 btl dual zone wine fridge w/ beverage fridge @ the base of the ROOFTOP PATIO. Hunter Douglas powered blinds, powered rooftop awning, custom cabinets/closets, A/C, stair lift, 2 PARKING + 2 STORAGE LOCKERS. WOW!

ViewStorage LockerFireplace

Property Details

MLS #

R3051207

Status

Active

Type

Residential

Sub-type

Apartment/Condo

Style

Penthouse

Ownership

Freehold Strata

Zoning

CD-19

Bedrooms

3

Full Baths

3

Half Baths

1

Kitchens

1

Fireplaces

1

Living Area

2,877 sqft

Main Floor

2,877 sqft

Lot Dimensions

0 x

Frontage

0

Year Built

2019

Age

7 years

Roof

Asphalt, Torch-On

Construction

Frame Wood, Fibre Cement (Exterior), Mixed (Exterior)

Structure

Multi Family, Residential Attached

Parking Stalls

2

Parking Type

Underground, Guest, Garage Door Opener

Original Price

$1,799,999

Strata Fee

$935.84/mo

Taxes

$6,827.47/yr

Listed

2025-09-23

MLS Area

Garrison Crossing

City

Chilliwack

Postal Code

V2R 6B6

Subdivision

The Boardwalk

Features & Finishes

Heating

Baseboard · Heat Pump

Cooling / A/C

Central Air · Air Conditioning

Flooring

Mixed · Tile

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove · Microwave · Wine Cooler

Laundry

In Unit

Fireplace

Gas

Patio / Porch

Patio · Deck · Sundeck

Windows

Window Coverings

Interior Features

Elevator · Wet Bar

Exterior Features

Balcony

Building & Community

Rentals Allowed

100

Rental Limit

%

Pets

Cats OK, Dogs OK, Number Limit (Two), Yes

Restrictions

Pets Allowed,Rentals Allwd w/Restrctns

Strata Mgmt Co.

Advantage Property Management

Schools

Steps

View

Unobstructed Views!

Lot Features

Central Location, Cul-De-Sac, Recreation Nearby

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Accessibility

Wheelchair Access

Community

Shopping Nearby

Building Amenities

Trash · Maintenance Grounds · Management · Sewer · Snow Removal · Water

Disclosures

Property Disclosure

Yes

6.1

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market45% above market — check if justified
Days on market224 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

$1,600,719

3% below asking price

Negotiation Range

$1,559,472$1,625,468

$65,996 spread

$1,559,472$1,649,900 ask

Based on 7 recent sales, a starting offer around $1,600,719 (3% below ask) is reasonable. Your negotiation range is $1,559,472 – $1,625,468.

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 time224 days listed — well above market avg of 203 days, increased negotiation leverage

Based on 7 residential sales in Chilliwack (last 60 days) · Updated May 4

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