Chilliwack, BC, Buyer cash back
Chilliwack cash back realtor at the east end of the Lower Mainland
Chilliwack prices are well below the rest of the region, and our 50% rebate still applies.
Get my Chilliwack rebate agentWhat buying in Chilliwack is really like
Chilliwack is the eastern end of the Lower Mainland, about an hour from Vancouver on Highway 1. Sardis and Vedder are the main family areas, Promontory has hillside houses, and Garrison Crossing is a planned community on the former military base. Prices are well below the rest of the region.
On a $750,000 Chilliwack house the 50% rebate is about $5,348.
Chilliwack is reported by the Chilliwack and District Real Estate Board. Use the calculator with the price you are looking at.
Check these before you buy in Chilliwack
Fraser and Vedder floodplain
Large parts of Chilliwack are floodplain. Check flood maps and insurance.
Commute reality
Highway 1 west is the only practical commute route to the core. Factor fuel and time.
Separate real estate board
Chilliwack sales are reported by the Chilliwack and District Real Estate Board, so prices are not in the FVREB figures.
Closing costs in Chilliwack, and where the rebate lands
A $650,000 Chilliwack townhouse bought by a first-time buyer, fully exempt from transfer tax.
| Item | Amount |
|---|---|
| Property transfer tax (standard) | $11,000 |
| First-time buyer exemption, if eligible | −$8,000 |
| Lawyer or notary, title insurance (estimate) | $1,500 to $2,500 |
| Home inspection (estimate) | $500 to $900 |
| Your rebate after completion | +$4,773 |
BC property transfer tax: 1% on the first $200,000, 2% to $2 million, 3% above that, plus 2% on residential value over $3 million. First-time buyers can be exempt on the first $500,000 for homes up to $835,000, phasing out by $860,000. Newly built homes can be fully exempt up to $1,100,000, phasing out by $1,150,000. Eligibility rules apply; your lawyer or notary confirms.
Worked example, Sardis house
A family buys a Sardis house for $800,000. The buyer brokerage earns about $11,270 before GST. Their share is about $5,635.
Your Chilliwack rebate at other prices
| Price | Typical buyer-side commission | Your cash back (50%) | Typical listing-side commission | Seller saving (50%) |
|---|---|---|---|---|
| $500,000 | $7,820 | $3,910 | $9,180 | $4,590 |
| $675,000 | $9,833 | $4,916 | $11,543 | $5,771 |
| $850,000 | $11,845 | $5,923 | $13,905 | $6,953 |
| $1,050,000 | $14,145 | $7,073 | $16,605 | $8,303 |
| $1,350,000 | $17,595 | $8,798 | $20,655 | $10,328 |
Common BC split to the buyer brokerage: 3.22% on the first $100,000 and 1.15% on the rest, before GST. Your agent confirms the actual figure before each offer.
Work out your number
Estimated cash back: —
Selling first? Sell in Chilliwack with half the listing commission.