Property Type: Detached HouseOwnership: Freehold

32872 1 AVENUE

Mission, BC V2V1E7

$1,199,999

4 bed3 bath4 parking2,019 sqftBuilt 1991
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
4,276.64 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,260.84 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view, River view

Parking

Total spaces
4 — covered indicated
Features
Garage

Listing Information

MLS®
R3122236
Listed
May 12, 2026
Time on market
On the market for 111 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

Land Assembly opportunity featuring three properties with a combined total of 14,518 sq ft, ideally located within the Downtown OCP. Current zoning permits a range of development options, including single-family dwelling, Duplex, Triplex, Fourplex, or Infill Townhomes-offering an excellent opportunity for builders and investors. The assembly includes 32870, 32872 & 34878 1st Avenue, all within walking distance to shops, services, and the train station. Great potential in a developing area with great views of the mountain, river, and city-contact for more details. (id:63159)

Values & Trends

This listing

$594/sqft

Building average

No other active listings in this building

Mission average

$549/sqft

266 active listing(s)

Parking: 4 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

7/9 categories nearby

Transit

20

3 stop(s) within 800m

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 SecondarySecondary796 m
Mission Central ElementaryElementary830 m
Fraserview Learning CentreSecondary997 m
Christine Morrison ElementaryElementary1.3 km
West Heights ElementaryElementary1.8 km
Windebank ElementaryElementary1.8 km
des Deux-RivesElementary/Middle1.9 km
Ecole Heritage Park Middle SchoolMiddle2.0 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

StopTypeDistance
Mission City Station @ Bay 1672 m
Mission City Station Westbound693 m
Mission City Station Unload Only695 m

Nearby Places

Restaurants (5+)

  • Mandarin Palace204 m
  • Rocko's Family Diner · 32786 Lougheed Highway248 m
  • Lido Garden · 33018 1st Avenue364 m
  • Hana Sushi456 m
  • Little Saigon462 m

Cafes (3)

  • The Loco Blue Cafe543 m
  • The Penny568 m
  • Tim Hortons · 32525 London Avenue786 m

Grocery (2)

  • Save-On-Foods537 m
  • FreshCo724 m

Shopping (5+)

  • Park Place Mall436 m
  • Canadian Tire · 32545 London Avenue608 m
  • The Junction Shopping Centre · 32555 London Avenue625 m
  • Unnamed · 32559 Logan Avenue662 m
  • Winners · 32525 London Avenue690 m

Gyms (1)

  • 11:11 Hot Yoga Fitness · 33121 North Railway Avenue553 m

Pharmacies (4)

  • Save-On-Foods532 m
  • Shoppers Drug Mart538 m
  • London Drugs563 m
  • Freshco Pharmacy753 m

Banks & ATMs (5+)

  • BMO499 m
  • Vancity637 m
  • TD642 m
  • Scotiabank717 m
  • Envision Financial · 32555 London Avenue740 m

Nearby places data: © OpenStreetMap contributors.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,999.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$372.74
Total monthly cost$6,566.32
Interest paid over 5-yr term$275,138.47
Balance at end of term$863,522.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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.

Request more information