Property Type: Detached HouseOwnership: Freehold

32881 1ST AVENUE

Mission, BC V2V1E8

$688,999

2 bed2 bath1 parking967 sqftBuilt 1921
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
4,026 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,644.3 (2025)

Interior

Basement
None, Unknown
Heating
Electric, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3098526
Listed
March 11, 2026
Time on market
On the market for 173 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

First-time buyers and investors take note! Here's your chance to own a detached home with land, garage, and workshop for under $700K in Mission - one of the Fraser Valley's most affordable communities. This charming 2-bedroom, 2-bath home sits on a 4,026 sq ft lot with convenient back lane access and a large garage/storage/workshop. Walk to downtown Mission, shopping, transit, the West Coast Express, and the marina. Close to the Mission Leisure Centre with wave pool and gym, plus Centennial Park featuring tennis courts, playgrounds, and a dog park. Future multi-family zoning offers excellent investment potential. Updates include new windows (2025) and hot water tank (2020). Packed with opportunity in a great location. Watch the video and book your private showing today! (id:63159)

Values & Trends

This listing

$713/sqft

Building average

No other active listings in this building

Mission average

$549/sqft

266 active listing(s)

Parking: 1 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 SecondarySecondary735 m
Mission Central ElementaryElementary780 m
Fraserview Learning CentreSecondary995 m
Christine Morrison ElementaryElementary1.3 km
Windebank ElementaryElementary1.8 km
des Deux-RivesElementary/Middle1.8 km
West Heights ElementaryElementary1.8 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 1646 m
Mission City Station Westbound668 m
Mission City Station Unload Only673 m

Nearby Places

Restaurants (5+)

  • Mandarin Palace261 m
  • Rocko's Family Diner · 32786 Lougheed Highway310 m
  • Lido Garden · 33018 1st Avenue337 m
  • Hana Sushi497 m
  • Brownies Chicken & Seafood511 m

Cafes (3)

  • The Penny540 m
  • The Loco Blue Cafe585 m
  • Tim Hortons791 m

Grocery (2)

  • Save-On-Foods598 m
  • FreshCo774 m

Shopping (5+)

  • Park Place Mall480 m
  • Canadian Tire · 32545 London Avenue667 m
  • The Junction Shopping Centre · 32555 London Avenue686 m
  • Unnamed · 32559 Logan Avenue697 m
  • Winners · 32525 London Avenue748 m

Gyms (1)

  • 11:11 Hot Yoga Fitness · 33121 North Railway Avenue527 m

Pharmacies (3)

  • Shoppers Drug Mart590 m
  • Save-On-Foods592 m
  • London Drugs627 m

Banks & ATMs (4)

  • BMO552 m
  • Scotiabank685 m
  • Vancity701 m
  • TD706 m

Nearby places data: © OpenStreetMap contributors.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($43,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$551,199.00
Periodic payment — Principal & Interest (monthly)$3,556.15
Additional monthly expenses (strata, tax, utilities, etc.)$268.36
Total monthly cost$3,824.51
Interest paid over 5-yr term$157,975.22
Balance at end of term$495,805.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$43,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,960.59

Cash Needed at Closing

Minimum down payment$43,900
Estimated BC PTT$11,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$57,180

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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