The Station on Mellard
46060 Mellard Avenue, Chilliwack
$17,250,000

Overview
The Station at Mellard is a brand-new, five-storey, 40-unit rental building offering spacious, thoughtfully designed homes in the rapidly growing Chilliwack Proper Village West neighborhood.
Constructed in 2023 on a 31,373 SF lot, the wood-frame structure is built over a concrete slab foundation and features a 35-year asphalt roof, Hardie-panel and brick veneer siding, cobblestone detailing, and energy-efficient double-pane windows.
The building’s amenities include over 1,700 SF of indoor and outdoor space on the second floor, with potential to add a two-bedroom guest suite. The property also includes storage lockers and a gated parkade equipped for EV charging, with 37 covered and 26 uncovered at-grade stalls.
The Station at Mellard offers a mix of well-appointed one-, two-, and three-bedroom units. All suites feature modern finishes, including oversized windows, durable vinyl plank flooring, in-suite laundry facilities, and kitchens equipped with sleek stainless-steel appliances and quartz countertops. The spa-inspired bathrooms are spacious and include dual sinks for added luxury.
All units have individual hot water tanks, allowing tenants to manage their own water usage costs. Living rooms and bedrooms are equipped with 8” wall vents for standalone air conditioning units. Residents also enjoy private balconies, with south- and east-facing units offering breathtaking views of Mount Cheam.
Location
The Station at Mellard is ideally situated in the heart of Chilliwack, on the corner of Mellard Avenue and Victor Street. This prime location places tenants just minutes from Highway 1, ensuring seamless travel across Metro Vancouver.
Everyday amenities, including shopping centers, grocery stores, and essential services, are within a short drive, while a variety of notable restaurants offer diverse dining options nearby. Families will appreciate proximity to local schools and parks, while outdoor enthusiasts can explore the breathtaking scenery and recreational opportunities that Chilliwack is known for.
Public transit options, including nearby bus routes and the Fraser Valley Express, make commuting simple and efficient.
Suite mix
No. units | Average size | Average rent | |
---|---|---|---|
1 bedroom | No. units3 | Average size599 SF | Average rent $1,579 |
2 bedroom | No. units27 | Average size938 SF | Average rent $1,876 |
3 bedroom | No. units10 | Average size994 SF | Average rent $2,164 |
Financials
Financing | Treat as clear title | |
---|---|---|
Assessment 2025 | Land Building Total | Land$3,445,000 Building$9,648,000 Total$13,093,000 |
Taxes 2024 | $71,166 | |
Income and expenses | Gross income Vacancy Effective gross Operating expenses Net operating income | Gross income$938,065 Vacancy(4,690) Effective gross$933,375 Operating expenses(244,830) Net operating income$688,545 |
Notes | For additional information, please contact listing agent. |
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
Mortgage calculator
Contact
Mark Goodman
Personal Real Estate Corporation
mark@goodmanreport.com
(604) 714 4790
Ian Brackett
Megan Johal
Personal Real Estate Corporation
megan@goodmanreport.com
(604) 537 8082
Goodman Commercial Inc.
560–2608 Granville St
Vancouver, BC V6H 3V3
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