Property Type: Detached HouseOwnership: Freehold

32878 1 AVENUE

Mission, BC V2V1E7

$879,000

4 bed2 bath2 parking3,109 sqftBuilt 1915
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Property Details

Property & Lot

Sub-type
House
Lot size
6,466 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,985.2 (2025)

Interior

Basement
Finished, Full
Heating
Baseboard heaters
Fireplace
None

Exterior & Lot

View
Mountain view, River view

Parking

Total spaces
2 — uncovered indicated
Features
Open, None

Listing Information

MLS®
R3138158
Listed
June 22, 2026
Time on market
On the market for 70 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

$283/sqft

Building average

No other active listings in this building

Mission average

$551/sqft

266 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.

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

33

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 SecondarySecondary794 m
Mission Central ElementaryElementary817 m
Fraserview Learning CentreSecondary1.0 km
Christine Morrison ElementaryElementary1.3 km
Windebank ElementaryElementary1.8 km
West Heights 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 1658 m
Mission City Station Westbound679 m
Mission City Station Unload Only682 m

Nearby Places

Restaurants (5+)

  • Mandarin Palace215 m
  • Rocko's Family Diner · 32786 Lougheed Highway258 m
  • Lido Garden · 33018 1st Avenue351 m
  • Hana Sushi469 m
  • Little Saigon470 m

Cafes (3)

  • The Penny555 m
  • The Loco Blue Cafe556 m
  • Tim Hortons · 32525 London Avenue796 m

Grocery (2)

  • Save-On-Foods547 m
  • FreshCo736 m

Shopping (5+)

  • Park Place Mall449 m
  • Canadian Tire · 32545 London Avenue619 m
  • The Junction Shopping Centre · 32555 London Avenue634 m
  • Unnamed · 32559 Logan Avenue676 m
  • Winners · 32525 London Avenue701 m

Gyms (1)

  • 11:11 Hot Yoga Fitness · 33121 North Railway Avenue540 m

Pharmacies (4)

  • Save-On-Foods542 m
  • Shoppers Drug Mart550 m
  • London Drugs569 m
  • Freshco Pharmacy765 m

Banks & ATMs (5+)

  • BMO511 m
  • Vancity644 m
  • TD650 m
  • Scotiabank703 m
  • Envision Financial · 32555 London Avenue749 m

Nearby places data: © OpenStreetMap contributors.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($62,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$703,200.00
Periodic payment — Principal & Interest (monthly)$4,536.81
Additional monthly expenses (strata, tax, utilities, etc.)$403.77
Total monthly cost$4,940.57
Interest paid over 5-yr term$201,539.14
Balance at end of term$632,530.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,275.52

Cash Needed at Closing

Minimum down payment$62,900
Estimated BC PTT$15,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,980

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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