Property Type: Detached HouseOwnership: Freehold

31533 HOMESTEAD CRESCENT

Abbotsford, BC V2T6V6

$1,249,999

6 bed4 bath5 parking2,584 sqftBuilt 2000
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Amenities

Also listed: Storage - Locker, Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
5,827 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,918.36 (2025)

Interior

Basement
Finished, Full
Heating
Baseboard heaters, Hot Water
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
5 — covered indicated
Features
Garage

Listing Information

MLS®
R3094301
Listed
February 28, 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 Elevate Realty · Data source: CREA DDF.

Description

Welcome to this beautiful & well maintained basement entry home in the highly sought after West Abbotsford neighborbhood. Offering 2,584 sq. ft. of living space on a 5,827 sq. ft. lot. With 6 spacious bedrooms & 4 bathrooms, there's plenty of room for the whole family. The open-concept design features a bright kitchen & cozy living area. Sept outside to large covered balcony, perfect for hosting gatherings or relaxing while enjoying stunning views of the surrounding mountains. Downstairs, you'll find two-bedroom LEGAL suite, perfect for rental income or extended family. Located in a desired neighborhood, this home is just minutes from all levels of schools, shopping, parks, transit, & Hwy. 1. A fantastic opportunity in a prime location! (id:63159)

Values & Trends

This listing

$484/sqft

Building average

No other active listings in this building

Abbotsford average

$569/sqft

451 active listing(s)

Parking: 5 stall(s) includedStorage locker: Included

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 — Abbotsford

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

MLS® HPI Benchmark Price

$1,143,000

Jul 2026

Average Sale Price

$1,087,192

Jul 2026

Monthly Sales

49

Jul 2026

Active Listings

444

Jul 2026

Sales-to-Active Ratio

11.0%

Jul 2026

Median Days to Contract

20 days

Jul 2026

MLS® HPI Benchmark Price

$1,547,000
$1,057,600
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

5/9 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
Harry Sayers ElementaryElementary386 m
Mennonite Educational Institute(Independent)K-12777 m
Rick Hansen SecondarySecondary810 m
Eugene Reimer Middle SchoolMiddle909 m
Clearbrook ElementaryElementary1.1 km
Blue Jay ElementaryElementary1.7 km
W J Mouat SecondarySecondary1.7 km
Colleen And Gordie Howe Middle SchoolMiddle1.7 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 (1)

  • Chandigarh Restaurant and Rar541 m

Parks (5+)

  • Homestead Park284 m
  • Ridgeview Park448 m
  • Maclure Trail Park646 m
  • Unnamed709 m
  • Unnamed736 m

Gyms (2)

  • Apollo Athletic Club535 m
  • Bolt Fitness · 3600 Townline Rd570 m

Pharmacies (1)

  • Guardian · 3670 Townline Road542 m

Banks & ATMs (1)

  • Unnamed536 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,999.00
Periodic payment — Principal & Interest (monthly)$6,451.65
Additional monthly expenses (strata, tax, utilities, etc.)$622.20
Total monthly cost$7,073.85
Interest paid over 5-yr term$286,602.59
Balance at end of term$899,502.33

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$100,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,843.09

Cash Needed at Closing

Minimum down payment$100,000
Estimated BC PTT$23,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,500

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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