Property Type: Other

2549 MONTVUE AVENUE

Abbotsford, BC V2S3V2

$4,299,000

90
Walk Score
60
Transit
64
Bike
Walk Score® by Redfin
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Amenities

Also listed: Storefront

Property Details

Ownership & Fees

Property type
Other
Annual property tax
$15,543.48 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8078922
Listed
May 21, 2026
Time on market
On the market for 114 days
Tax assessment year
2025
Data last synced
September 13, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Invest today. New building 8 one-bedroom apartments with laundry elevator access with 1381 sq.ft. of commercial space ideal for restaurant, offices, heart of downtown Abbotsford. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Abbotsford average

$587/sqft

13 active listing(s)

Parking: Not indicatedStorage 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.

Location Insights

Weather

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 70%

Wind NW 7 km/h

Tonight

12°

Sunday

21°

Sunday night

12°

Monday

20°

Monday night

11°

Tuesday

19°

Source: Environment and Climate Change Canada.

Population

153,524

(2021 Census)

+8.6% since 2016

Density: 409/km²

Dwellings: 55,659

Median household income: $90,000

After-tax: $81,000

Immigrant population: 28.6%

Top countries of origin (% of total population)

  • India15.5% · 23,835
  • United Kingdom1.5% · 2,315
  • Philippines1.1% · 1,730
  • United States of America0.9% · 1,395
  • Netherlands0.6% · 890
  • Viet Nam0.6% · 880
  • Korea, South0.6% · 845
  • China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Alexander ElementaryElementary651 m
Abbotsford Senior Secondary SchoolSecondary928 m
Abbotsford Middle SchoolMiddle1.2 km
Terry Fox ElementaryElementary1.4 km
Godson ElementaryElementary1.5 km
Margaret Stenersen ElementaryElementary1.8 km
Yale SecondarySecondary1.9 km
William A. Fraser Middle SchoolMiddle1.9 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 (5+)

  • New Passage To India78 m
  • Once Upon @ Thai · 33769 South Fraser Way85 m
  • NAMaBURGER · 33766 Essendene Avenue86 m
  • The Pho'enix Diner88 m
  • Bow & Stern88 m

Cafes (5+)

  • Crimson Café78 m
  • Boardwalk Cafe & Games · 33760 Essendene Avenue90 m
  • The Pastry Portal · 2553 Montrose Avenue91 m
  • Reddy Made Cakes · 33775 Essendene Avenue109 m
  • Vicinity Cafe & Lounge · 2603 West Railway Street121 m

Grocery (1)

  • Triple D&O African and Caribbean Store · 2664 Gladys Avenue289 m

Parks (5+)

  • Christmas Tree Park · 25880 West Railway Street90 m
  • Unnamed169 m
  • Jubilee Park247 m
  • Unnamed273 m
  • Arbour Park326 m

Shopping (5+)

  • Abbotsford Centre Mall286 m
  • Dragon Fort Centre315 m
  • Unnamed360 m
  • Five Corners369 m
  • South Fraser Plaza · 33550 South Fraser Way416 m

Gyms (5+)

  • Iron Cycle Club · 2539 Montrose Avenue91 m
  • reset. Yoga & Therapy · 33783 Essendene Avenue105 m
  • Core Fitness & Rehab · 33725 Essendene Avenue157 m
  • Art of Fitness · 2427 Pauline Street291 m
  • Abby Yoga Studio342 m

Pharmacies (3)

  • Montrose Pharmacy · 2493 Montrose Avenue151 m
  • McCallum Pharmacy · 2481 McCallum Road344 m
  • The Medicine Shoppe · 2388 McCallum Road413 m

Banks & ATMs (2)

  • Gulf & Fraser · 2600 Gladys Avenue177 m
  • Unnamed201 m

Healthcare (5+)

  • Newgen Medical · 2493 Montrose Avenue145 m
  • Abbotsford Community Renal Services252 m
  • McCallum Care Clinic · 2481 McCallum Road342 m
  • Valley Laser Eye Centre351 m
  • SPORTS & SPINE CENTRE Abbotsford Railway502 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($859,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,439,200.00
Periodic payment — Principal & Interest (monthly)$22,188.55
Additional monthly expenses (strata, tax, utilities, etc.)$1,295.29
Total monthly cost$23,483.84
Interest paid over 5-yr term$985,684.61
Balance at end of term$3,093,571.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$859,800
Stress test qualifying rate8.09%
Payment you must qualify for$26,446.24

Cash Needed at Closing

Minimum down payment$859,800
Estimated BC PTT$132,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$994,250

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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