
First phase of new condo project in Chilliwack could be done in 2 years, as starting prices appear to drop
CHILLIWACK — The starting price to purchase a home in a luxury 96-unit luxury condo development currently under construction in Sardis may have fallen by thousands of dollars.
In May 2024, the local builders behind the Chilliwack developments of Malloway Village, Skynest, Englewood Courtyard and Englewood Village publicly announced plans to partner with Tzeachten (Ch’íyáqtel) First Nation in Chilliwack to build a 96-unit luxury condo development at Promontory Road and Thomas Road in Chilliwack. Andmar Properties made plans to open its sale office on Friday, May 10 to coincide with sales of phase 1 of the project, which will feature contemporary living in a development driven by sustainability, innovation and connectivity in the heart of Sardis.
In a news release dated Wednesday, May 8, Andmar Properties said its meticulously-designed luxury condos will start in the high $200K range. Prospective buyers can take advantage of time-sensitive incentives like reduced deposits of 5%, mortgage helpers that cap interest rates at 4% for one year, preferred mortgage rates and no monthly strata costs for two years.
That starting price point in the “high $200K” range appears to have dropped.