Chilliwack has long been valued worldwide as a recreational playground due to its proximity to Cultus Lake and other scenic attractions, it is increasingly being sought as a place to live and work, as well as play
People are locating their businesses and launching new companies in this recreational playground
Affordability has become the prime consideration for anyone looking to buy a house or start a business in Metro Vancouver; and while Chilliwack has long been valued worldwide as a recreational playground due to its proximity to Cultus Lake and other scenic attractions, it is increasingly being sought as a place to live and work, as well as play.
Chilliwack is one of the very few communities remaining near Metro Vancouver with affordable residential and commercial real estate in well-planned neighbourhoods (ranging from the urban centre downtown core to the authentic small-town Main Street charm of Yarrow).
Some numbers: an average detached home in Chilliwack goes for $520,160, compared to $988,900 for the Fraser Valley and $1.6 million for Vancouver. Comparable rates apply to rental stock and commercial real estate.
Vancouver is just an hour and a few minutes away via Highway 1, but a growing number of people are either locating their businesses or launching new companies here, and they are being aided by a skilled workforce (there are more people in Chilliwack with a post-secondary education—42.2 percent—compared to the B.C. average of 37.6 percent), lower taxes and lower startup costs.
Brian Coombes, president of the Chilliwack Economic Partners Corporation, says: “Simply put, Chilliwack is attractive because we’re a complete community. From shops and restaurants to performing arts, it’s all here and it’s augmented by a municipal government focused on investing in all the lifestyle and business elements that have put us on the map.”
In short, whether you want proximity to cultural amenities; the urban experience; a home with a great view; or a place to develop your business goals, Chilliwack can provide you a lot more for a lot less.
To learn more, please visit lifeinchilliwack.com