VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 1 Detailed Information Package 50800 BENCH RD. 261.6 Acres Chilliwack, BC FOR SALE BENCH RD. SLESSE RD. 50800 Bench Rd. HOMELIFE GLENAYRE REALTY COMPANY LTD. Joe Varing - Personal Real Estate Corporation Ltd. 604.565.3478 | [email protected]360-3033 Immel Street, Abbotsford, BC V2S 6S2 This document has been prepared by Varing Marketing Group for marketing and general information only. Varing Marketing Group believes the information contained in this information package is correct, but makes no representations or warranties with respect thereto. Interested parties should complete their own independent investigations and enquiries as to the ownership and condition of the property and its suitability for any particular purpose. Not intended to cause breach of existing agency agreement.
Transcript
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 1
Detailed Information Package
50800 BENCH RD.
261.6 Acres
Chilliwack, BC
FOR SALE
BENCH RD.
SLESSE RD.
50800 Bench Rd.
HOMELIFE GLENAYRE REALTY COMPANY LTD.
Joe Varing - Personal Real Estate Corporation Ltd. 604.565.3478 | [email protected]
360-3033 Immel Street, Abbotsford, BC V2S 6S2
This document has been prepared by Varing Marketing Group for marketing and general information only. Varing Marketing Group believes the information contained in this information package is correct, but makes no representations or warranties with respect thereto. Interested parties should complete their own independent investigations and enquiries as to the ownership and condition of the property and its suitability for any particular purpose. Not intended to cause breach of existing agency agreement.
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 3
EXECUTIVE SUMMARY
OPPORTUNITY
50800 Bench Road is a 261 acre single title property that boasts views of gorgeous mountain tops and crystal clear
rivers. Being the 7th largest site in all of Chilliwack and the largest site for sale, this is an opportunity to start the
future for the Ryder Lake Neighborhood and bring a new community to such a blissful place.
POSITIVES IN DETAIL
• The subject property is the 7th largest single title property in Chilliwack
• In a City of Chilliwack, Official Community Plan Update meeting in 2012, residents chose Ryder Lake as the 2nd neighbourhood they wanted to see more growth in after Chilliwack Proper.
• Residents’ favourite aspect of Ryder Lake was the rural character and the peacefulness.
• There are multiple possibilities of future potential here such as; the attached Golf Course concept layout, future subdivision of hillside lots, or large 10-20 acre ALR lots.*
• This site is 20 minutes away from Highway 1 and less than 25 minutes away from the Sumas Border Crossing into the US.
• The new FVX transit route now connects Chilliwack to Abbotsford and Langley and will soon have more routes through the Ryder Lake area.
• The site is 10 minutes from amenities such as the newly developed Garrison Area which showcases revamped housing developments, restaurants, shops, grocery stores, the Canada Education Park and the new UFV Campus.
Please submit all offers in PDF format to Joe Varing at [email protected].
* At their own discretion, buyers intending to develop or rezone the subject property must
consult with city planning and complete public hearings before pursuing proposed ideas.
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 4
PROPERTY DESCRIPTION
PRICE: $6,900,000 Please submit all offers in PDF format to Joe Varing at [email protected].
GROSS PROPERTY TAXES:
$2,252.04
DUE DILIGENCE DOCUMENTS:
1. Tax Report
2. Title Search
3. Proposed Golf Course - Concept Layout
All available upon request.
50800 BENCH RD.CHILLIWACK, BC NCP: RYDER LAKE
261.6 Acres - PID: 027-391-086
ZONING:
Agricultural Upland (72%) + Limited Use Reserve (28%)
(AU, SRV-1)
LEGAL:
DL 236
LD 36
LOCATION
Chilliwack is located in the Lower Mainland of the Pacific Coast of Canada in British Columbia. The city is about 100km from downtown
Vancouver, bordered by Abbotsford to the west, Agassiz to the north, Popkum to the east and the United States to the south. The city
of Chilliwack measures 23.5km from east to west and 12.5 km from north to south, covering a total territory of 25,900 hectares.
The subject property lays nestled in the peaceful neighborhood of Ryder Lake. This area is all about the landscape with crystal clear
rivers, gigantic mountains of BC and an ecosystem where humans and animals coexist. There are many subdivision developments all
along Chilliwack Lake Road that lead up to this large site. Most of the nearby attractions here are outdoors such as the Purple Hayes
School of Kayaking, Chilliwack River Rafting, Paintballing, Hiking, numerous fishing spots and a few campgrounds. A short 10 minute
drive leads into the new Garrison Village which houses numerous housing developments, restaurants, shops, the Canada Education
Park and the new University of the Fraser Valley Campus.
The University of the Fraser Valley enrolls over 15,500 students per year with campuses in Chilliwack, Abbotsford and Mission.
With the addition of a campus in India and new programs here in Canada, an influx of students were enrolling into UFV, which sparked
an 85 acre campus development in the Canada Education Park to increase the capacity of fulltime students by 5,000.
The Canada Education park which consists of the Justice Institute of BC, RCMP Training Centre, Canadian Border Services Agency and
UFV, employs a large number of people and drives housing developments to this particular area.
BENCH RD.
SLE
SS
E R
D.
SLESSE RD.
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 5
TOPOGRAPHY
DIMENSIONS
The typography of this site varies as it is a hillside property; there are flat areas on different levels as you ascend up the property. There is also primary drainage watercourses that run on the land, which have fresh water travelling from the mountains to the Chilliwack River.
261.60 acre (11,395,296 sq ft.) property with an approximate total perimeter of 4,475.80 meters.
861 m DIMENSIONS ARE APPROXIMATE
124
0 m
124
6 m
872 m
PROPERTY VIEWS
BENCH RD.
SL
ES
SE
RD
.
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 6
PROPERTY PHOTOS
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 7
PROPERTY PHOTOS
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 8
PROPOSED GOLF COURSE LAYOUT
DRA
FT NO
T
APPRO
VED
CITY OF CHILLIWACK HAS NOT APPROVED THIS DRAWING
PAGE 9 VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack
Riverbend Guest B&BBell Acres Community
Slesse Park and Chilliwack River offer:
Hiking, Camping, RV Parks, Fishing,
River Rafting, and Kayaking
Edward Rd. Community
Chilliwack Lake Rd.
Ve
dd
er
Rd
.
Chilliwack Lake Rd. Slesse Rd.
Sle
sse R
d. Bench Rd.
Birds of Prey B&B
NEARBY ATTRACTIONS
PAGE 10 VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack
CANADA EDUCATION PARK See pg 11 for detailed map
GW GRAHAM MIDDLE SECONDARY
VEDDERELEMENTARY
WATSONELEMENTARY
MOUNT SLESSE MIDDLE SCHOOL
TIM HORTONS
SAVE-ON-FOODS
McDONALDS
CULTUS LAKE
SUBJECT PROPERTY
WATSON GLEN PARK + TWIN RINKS
CHEAM CENTER
STARBUCKSPromontory Rd.
Thomas Rd.
Ved
der
Rd.
Promontory Rd.
Keith Wilson Rd.
Ve
dd
er
Rd
.
Die
pp
e S
t.
NEARBY ATTRACTIONS
SUBJECT IS ABOUT A 10 MIN DRIVE TO AMENITIES AND THE CONVENIENCE OF THE GARRISON VILLAGE SHOPPING CENTRE
PAGE 11 VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack
CANADIAN MILITARY
ENGINEERS MUSEUM
UFV - TRADES &
TECHNOLOGY CENTRE
ELDER COLLEGE
UFV CHILLIWACK
MAIN CAMPUS
RCMP: CHILLIWACK
FACILITIES
JUSTICE INSTITUTE
OF BRITISH COLUMBIA
MONTESSORI CHILD
GROWTH SOCIETY
CULTUS LAKE
SUBJE
CT P
RO
PERTY
Keit
h Wils
on Rd.
Keit
h Wils
on Rd.
RCMP:PACIFIC REGION
TRAINING CENTRE
CANADA EDUCATION PARKThe University of the Fraser Valley in Chilliwack has
seen an influx of students in recent years. With the
number of full-time students increasing from 5,000
in 2007 to approximately over 18,000 by 2020.
With the BC Government funding over $30 million
dollars to UFV for their $40 million dollar campus
development project, there has been a ton of
interest from students to relocate to this new urban
campus.
There has been an increase of seniors attending the
Elder College, which is a branch of UFV, providing
adults over the age of 50 with access to educational
and learning opportunities. There is dedicated
housing for adults over 50 at the Campus 1
Building.
Regular shuttle services connect the Chilliwack and
Abbotsford campuses. A new public transit called
Fraser Valley Express bus (FVX) will soon allow
buses to be scheduled to run from the Chilliwack
campus to Langley, creating a comprehensive
transit service.
With this new transit system network and the
current increase in students forecasted to be
over 18,000 by 2020, there will be a great need
of developments for affordable student housing/
rentals, elders and many new young families.
Sources: Abby News, BC Government and City of Chilliwack
NEARBY ATTRACTIONS
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 12
CHILLIWACK DEMOGRAPHICS
HOUSING:
The cost of living in Chilliwack is significantly lower than Vancouver, primarily due to lower land values.
The average cost of a single-family detached home in Chilliwack is $447,500 or about 30% less than
Greater Vancouver.
There are about 32,440 households in Chilliwack with an average household size of 2.5 persons. About
68% of households are one-family only households. About 61% have one to two persons, and the
remaining 39% have three or more persons. About 36% of households have children at home.
About 70% of all properties in Chilliwack are owned, which is higher than the BC average. Of the existing
housing stock, 56% are single family detached, 19% are apartments, and about 23% are semi-detached
houses, townhouses, or duplexes.
REGIONAL POPULATION:
As part of the southwest Lower Mainland, the City of Chilliwack has a population of 90,000, with a
five year growth rate of 7.5% (2016 Census), which is greater than the growth rate of neighbouring
communities (Abbotsford: 5.9%, Mission: 6.6%; Hope: 3.6%). Population density in Chilliwack is 320.2
people per km². With continued steady growth, the city’s projected population is expected to surpass
100,000 by 2021.
POPULATION BY AGE:
The median age in the City of Chilliwack is 41.3, with almost 80% of people under the age of 59. Chilliwack
also has a significantly higher percentage of children up to 19 years at 26.5% compared to 22% in BC.
The City of Chilliwack’s population of seniors aged 65 and over is comparable to the BC average at 16%.
WORKFORCE POPULATION:
Chilliwack’s current labour force is estimated at about 42,065 people. Adding the neighbouring
communities, there are about 140,000 people within a 30 minute commute and about 1.5 million people
in the Lower Mainland, aged 15 and over that are actively in the workforce.
Sources: City of Chilliwack, Greater Vancouver & Fraser Valley Real Estate Board, 2014 Census data from Stats Canada
PAGE 13 VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack
DIRECTIONS TO PROPERTY
Chilliwack Lake Rd.
Chilliwack Lake Rd.
Slesse Rd.
Keith Wilson Rd.
Vedder Rd.
Bo
un
da
ry R
d.
No. 3 Rd.
No. 3 Rd.
START
Britis h Columbia HWY 1
T ake Keith Wils on Rd and Chilliwack Lake Rd to S les s e Rd in Fras er Valley E
1. Head northeas t on Trans -Canada Hwy/BC-1 E
2. Take exit 104 for No. 3 Road
3. Keep right at the fork, follow s igns for Cultus Lake/Number 3 Road E/Yarrow and merge onto No. 3 Rd
4. Turn right onto Tolmie Rd
5. Turn left onto No. 3 Rd
6. Turn left onto Boundary Rd
7. Turn right onto Keith Wils on Rd
8. At the roundabout, take the 2nd exit and s tay on Keith Wils on Rd
9. Turn right onto Vedder Rd
10. Turn left onto Chilliwack Lake Rd
11. Turn left onto S les s e Rd
25 min (23.7 km)
22 m
200 m
2.2 km
100 m
1.1 km
1.4 km
7.6 km
1.1 km
750 m
9.4 km
5 min (3.5 km)
Drive 27.2 km, 30 min
FINISH
Bottom of Property - 50800 Bench Rd. Return the way you came, Slesse is not a through street.
