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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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308 8725 Elm Drive, Chilliwack
MLS®: R3050821
1155
Sq.Ft.
2
Baths
2
Beds
1986
Built
Description
Rare Penthouse Below Assessed Value – Don’t Miss Out! Bright & spacious 2 bdrm, 2 bath corner unit, 1,155 sq ft in quiet 55+ Elmwood Terrace. Skylight entry, laminate floors, enclosed sunroom w/ stunning mountain views. Generous primary bdrm w/ walk-in closet & ensuite. In-suite storage + 2nd storage on same floor. Strata fee incl. heat and hot water. Amenities: meeting room, pool table, exercise room, woodworking shop. Secure underground parking + visitor spots. Central location, walk to hospital, shops & dining. Quick possession available. Excellent value in a well-maintained, friendly non smoking building.
Taxes (2025): $1,672.47
Amenities
Wheelchair Access
Exercise Centre
Recreation Facilities
Trash
Maintenance Grounds
Gas
Heat
Hot Water
Management
Snow Removal
Adult Oriented
Balcony
Elevator
Storage
In Unit
Workshop Attached
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Smoke Detector(s)
Window Coverings