Detailed Information Package 50800 BENCH RD. Info-Pack-50800-BenchRd.pdf · *Personal Real Estate...
Transcript of Detailed Information Package 50800 BENCH RD. Info-Pack-50800-BenchRd.pdf · *Personal Real Estate...
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 1
Detailed Information Package
50800 BENCH RD.
261.6 Acres Chilliwack, BC
Joe Varing * | Homelife Glenayre Realty Co. Ltd.
604.557.0575 | [email protected]
360-3033 Immel Street, Abbotsford, BC V2S 6S2
*Personal Real Estate Corporation
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.
FOR SALE
BENCH RD.
SLESSE RD.
50800 Bench Rd.
PAGE 2
PACKAGE CONTENTS
PG 3 | ExECuTivE SummARy PG 4 | PROPERTy DESCRiPTiON PG 6 | PROPERTy PHOTOS PG 8 | PROPOSED GOLF COuRSE LAyOuT PG 9 | NEARBy ATTRACTiONS PG 12 | CHiLLiwACK DEmOGRAPHiCS PG 13 | DRiviNG DiRECTiONS TO PROPERTy
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
• Thesubjectpropertyisthe7thlargestsingletitlepropertyinChilliwack
• ThereispotentialforfuturesubdivisiononceChilliwackreachesapopulationofover87,000,whichwouldsparkacity
planning meeting with local residents.
• InaCityofChilliwack,OfficialCommunityPlanUpdatemeetingin2012,residentschoseRyderLakeasthe2nd
neighbourhoodtheywantedtoseemoregrowthinafterChilliwackProper.
• Residents’favouriteaspectofRyderLakewastheruralcharacterandthepeacefulness.
• Therearemultiplepossibilitiesofpotentialheresuchas;theattachedGolfCourseconceptlayout,futuresubdivisionof
hillside lots, or large 10-20 acre ALR lots.
• Thissiteis20minutesawayfromHighway1andlessthan25minutesawayfromtheSumasBorderCrossingintotheUS.
• ThenewFVXtransitroutenowconnectsChilliwacktoAbbotsfordandLangleyandwillsoonhavemoreroutesthroughthe
Ryder Lake area.
• Thesiteis10minutesfromamenitiessuchasthenewlydevelopedGarrisonAreawhichshowcasesrevampedhousing
developments,restaurants,shops,grocerystores,theCanadaEducationParkandthenewUFVCampus.
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 4
PROPERTy DESCRiPTiON
PRiCE:
$6,600,000
GROSS PROPERTy TAxES:
$2,252.04
DuE DiLiGENCE DOCumENTS:
1. TaxReport
2. TitleSearch
3. ProposedGolfCourse-ConceptLayout
All available upon request.
50800 BENCH RD.CHiLLiwACK, BC NCP: RyDER LAKE
261.6 Acres - PID: 027-391-086
ZONiNG:
AgriculturalUpland(72%)+LimitedUseReserve(28%)
(AU,SRV-1)
LEGAL:
DL236
LD36
LOCATiON
ChilliwackislocatedintheLowerMainlandofthePacificCoastofCanadainBritishColumbia.Thecityisabout100kmfrom
downtownVancouver,borderedbyAbbotsfordtothewest,Agassiztothenorth,PopkumtotheeastandtheUnitedStatestothe
south.ThecityofChilliwackmeasures23.5kmfromeasttowestand12.5kmfromnorthtosouth,coveringatotalterritoryof
25,900 hectares.
ThesubjectpropertylaysnestledinthepeacefulneighborhoodofRyderLake.Thisareaisallaboutthelandscapewithcrystalclear
rivers,giganticmountainsofBCandanecosystemwherehumansandanimalscoexist.Therearemanysubdivisiondevelopments
allalongChilliwackLakeRoadthatleaduptothislargesite.MostofthenearbyattractionshereareoutdoorssuchasthePurple
HayesSchoolofKayaking,ChilliwackRiverRafting,Paintballing,Hiking,numerousfishingspotsandafewcampgrounds.Ashort
10minutedriveleadsintothenewGarrisonVillagewhichhousesnumeroushousingdevelopments,restaurants,shops,theCanada
EducationParkandthenewUniversityoftheFraserValleyCampus.
TheUniversityoftheFraserValleyenrollsover15,500studentsperyearwithcampusesinChilliwack,AbbotsfordandMission.
WiththeadditionofacampusinIndiaandnewprogramshereinCanada,aninfluxofstudentswereenrollingintoUFV,which
sparkedan85acrecampusdevelopmentintheCanadaEducationParktoincreasethecapacityoffulltimestudentsby5,000.
TheCanadaEducationparkwhichconsistsoftheJusticeInstituteofBC,RCMPTrainingCentre,CanadianBorderServicesAgency
andUFV,employsalargenumberofpeopleanddriveshousingdevelopmentstothisparticulararea.
BENCH RD.
SLE
SS
E R
D.
SLESSE RD.
VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack PAGE 5
TOPOGRAPHy
DimENSiONS
Thetypographyofthissitevariesasitisahillsideproperty;thereareflatareasondifferentlevelsasyouascendupthe
property.Thereisalsoprimarydrainagewatercoursesthatrunontheland,whichhavefreshwatertravellingfromthe
mountains to the Chilliwack River.
261.60acre(11,395,296sqft.)propertywithanapproximatetotalperimeterof4,475.80meters.
861 m DimENSiONS ARE APPROximATE
124
0 m
124
6 m
872 m
PROPERTy viEwS
BENCH RD.
SLE
SS
E R
D.
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
DRAFT NOT
APPROVED
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.
Ved
der
Rd
.
Chilliwack Lake Rd. Slesse Rd.
Sle
sse
Rd.
Bench Rd.
Birds of Prey B&B
NEARBy ATTRACTiONS
PAGE 10 VARING MARKETING GROUP — Detailed Information Package — 50800 Bench Rd. - Chilliwack
GW GRAHAM MIDDLE SECONDARY
VEDDERELEMENTARY
WATSONELEMENTARY
MOUNT SLESSE MIDDLE SCHOOL
TIM HORTONS
SAVE-ON-FOODS
McDONALDS
UNIVERSITY OF THE FRASER VALLEY
CULTUS LAKE
SUBJECT PROPERTY
WATSON GLEN PARK + TWIN RINKS
CHEAM CENTER
STARBUCKSPromontory Rd.
Thomas Rd.Ve
dder
Rd.
Promontory Rd.
Keith Wilson Rd.
Ved
der
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 MILITARYENGINEERS MUSEUM
UFV - TRADES & TECHNOLOGY CENTRE
ELDER COLLEGE
UFV CHILLIWACK MAIN CAMPUS
RCMP: CHILLIWACK FACILITIES
JUSTICE INSTITUTE OF BRITISH COLUMBIA
MONTESSORI CHILDGROWTH SOCIETY
CULTUS LAKE
SUBJECT P
ROPERTY
Keith W
ilson Rd.
Keith W
ilson Rd.
RCMP:PACIFIC REGIONTRAINING 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 COSTS: Theaveragecostofasingle-familydetachedhomeinChilliwackisabout60%lessthanVancouverandabout
30%lessthanAbbotsford.Comparingincometocosts,Chilliwackresidentsenjoysignificantsavingsincost
of living and a richer standard of living.
POPuLATiON GROwTH: TheestimatedpopulationofGreaterChilliwackis92,308,withanaverageannualgrowthrateofabout
2.73%(2011).Withcontinuedsteadygrowth,thecity’sprojectedpopulationisexpectedtoreach101,210
in 2021.
REGiONAL POPuLATiON: Thereare277,593peoplelivingwithina30-minutecommuteofChilliwackandabout2.5millionwithinthe
LowerMainlandregion.IncludingtheAmericancommunities,thereareoverfivemillionpeoplelivingwithin
200 km of Chilliwack.
POPuLATiON By AGE: ThemedianageinChilliwackis41,whichiscomparabletotheBritishColumbiamedianageof40.8.Nearly
58%ofpeopleinChilliwackareundertheageof45,whichissimilartotherestofBC.However,becauseof
thelowcostoflivingandproximitytoVancouver,theCityofChilliwackhasaslightlyhigherpopulationof
seniorsaged65andoverat16.7%,comparedtotherestofBCat14.5%.Chilliwackalsohasaslightlyhigher
percentageofchildrenupto19yearsatarateof27.1%comparedto23.2%inBC.
wORKFORCE POPuLATiON: Chilliwack’scurrentlaborforceisestimatedatabout44,725people,representingaparticipationrateof
61.2%(basedonthepopulationof15andover).Chilliwackalsohasoneoftheregion’shighestnumbersof
localemployment,withabout72%ofthepopulationworkingwithinthecommunity.Theaveragecommute
is around 6 km.
Sources: City of Chilliwack, Greater Vancouver & Fraser Valley Real Estate Board, 2010 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
dar
y 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 T rans -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.
11
2 34
78 9
10
5 6