Property Type: Detached HouseOwnership: Freehold

31081 SILVERHILL AVENUE

Mission, BC V4S1G9

$1,425,000

3 bed2 bath8 parking1,720 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
192,535 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,381.45 (2025)

Interior

Basement
Finished, Full
Heating
Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Valley view

Parking

Total spaces
8 — uncovered indicated
Features
Open, Other, RV

Listing Information

MLS®
R3094058
Listed
February 27, 2026
Time on market
On the market for 185 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Magnolia · Data source: CREA DDF.

Description

Discover the space, privacy and views of Silverhill Avenue in West Mission. This 3-bedroom-plus-den, 2-bathroom acreage sits on a quiet no-through street with sweeping mountain and valley views. The tiered property offers usable level areas and access roads throughout, creating room to enjoy the land your way. Relax in the view-side hot tub, gather around the fire pits, or make the most of the pool, playground, sheds, covered areas, gardens and greenhouse potential. Enjoy quality spring water from the well and the comfort of a certified wood stove. RU16 zoning may offer future accommodation potential, subject to City approval. (id:63159)

Values & Trends

This listing

$828/sqft

Building average

No other active listings in this building

Mission average

$548/sqft

266 active listing(s)

Parking: 8 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.

Detached (House) Market Stats — Mission

Monthly figures from the Fraser Valley Real Estate Board for Mission detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$934,800

Jul 2026

Average Sale Price

$901,600

Jul 2026

Monthly Sales

36

Jul 2026

Active Listings

235

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

32 days

Jul 2026

MLS® HPI Benchmark Price

$1,331,900
$885,800
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Clear

14°C

Clear

Humidity 87%

Wind S calm 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.

Nearby Schools

SchoolTypeDistance
Silverdale ElementaryElementary3.0 km
Valley Christian School(Independent)Elementary3.7 km
Cherry Hill ElementaryElementary4.1 km
Albert McMahon ElementaryElementary4.4 km
West Heights ElementaryElementary4.4 km
Christine Morrison ElementaryElementary4.8 km
Fraserview Learning CentreSecondary5.1 km
Stave Falls ElementaryElementary5.3 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.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($117,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,140,000.00
Periodic payment — Principal & Interest (monthly)$7,354.89
Additional monthly expenses (strata, tax, utilities, etc.)$534.45
Total monthly cost$7,889.35
Interest paid over 5-yr term$326,727.28
Balance at end of term$1,025,433.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$117,500
Stress test qualifying rate8.09%
Payment you must qualify for$10,054.22

Cash Needed at Closing

Minimum down payment$117,500
Estimated BC PTT$26,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$145,500

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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