Property Type: TownhouseOwnership: Strata

14 32165 7TH AVENUE

Mission, BC V2V2A9

$459,000

2 bed2 bath2 parking1,389 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$425/mo
Annual property tax
$2,036.55 (2025)

Interior

Basement
None, Unknown
Heating
Radiant heat, Natural gas, Hot Water
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Garage, Open

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Not allowed
Age / occupancy
Age restriction applies

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3130495
Listed
June 1, 2026
Time on market
On the market for 91 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Welcome to Cherry Lane, a well-maintained 55+ townhouse community. This spacious 2-storey home features updated laminate flooring, in-floor radiant heating, and a functional layout designed for comfortable everyday living. The large primary bedroom offers a generous walk-in closet, while the oversized laundry and utility room provides excellent storage space. Enjoy your private backyard patio overlooking green space, the perfect spot for morning coffee or summer BBQs. Parking for 2 vehicles with a single garage plus driveway apron. Well-kept self-managed complex with only 20 homes. Pet friendly with 1 cat or 1 dog permitted. Close to shopping, amenities, medical services, and transit. A great opportunity in a sought-after adult-oriented community. Quick possession possible. Call to view. (id:63159)

Values & Trends

This listing

$330/sqft

Building average

No other active listings in this building

Mission average

$417/sqft

53 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Townhouse Market Stats — Mission

Monthly figures from the Fraser Valley Real Estate Board for Mission townhouselistings — not specific to this property.

MLS® HPI Benchmark Price

$630,500

Jul 2026

Average Sale Price

$552,500

Jul 2026

Monthly Sales

4

Jul 2026

Active Listings

64

Jul 2026

Sales-to-Active Ratio

6.0%

Jul 2026

Median Days to Contract

40 days

Jul 2026

MLS® HPI Benchmark Price

$732,800
$581,200
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

41,519

(2021 Census)

+7.7% since 2016

Density: 182.9/km²

Dwellings: 14,701

Median household income: $98,000

After-tax: $87,000

Immigrant population: 16.9%

Top countries of origin (% of total population)

  • India5.2% · 2,160
  • United Kingdom2.3% · 975
  • United States of America0.8% · 330
  • Philippines0.8% · 330
  • Germany0.6% · 265
  • Netherlands0.4% · 175
  • Viet Nam0.4% · 160
  • China0.3% · 145

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Mission Senior SecondarySecondary152 m
Mission Central ElementaryElementary768 m
Christine Morrison ElementaryElementary802 m
Fraserview Learning CentreSecondary919 m
Windebank ElementaryElementary1.5 km
Cherry Hill ElementaryElementary1.5 km
des Deux-RivesElementary/Middle1.6 km
West Heights ElementaryElementary1.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (3)

  • Mission Donair Shack · 33093 7th Avenue446 m
  • Pizza Man · 33093 7th Avenue463 m
  • Lido Garden · 33018 1st Avenue720 m

Parks (1)

  • Centennial Park732 m

Nearby places data: © OpenStreetMap contributors.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,200.00
Periodic payment — Principal & Interest (monthly)$2,369.05
Additional monthly expenses (strata, tax, utilities, etc.)$663.71
Total monthly cost$3,032.76
Interest paid over 5-yr term$105,240.58
Balance at end of term$330,297.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,353.07

Cash Needed at Closing

Minimum down payment$22,950
Estimated BC PTT$7,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,630

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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