Property Type: Land / Lot

33181 DEWDNEY TRUNK ROAD

Mission, BC V2V6X7

$1,995,000

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Property Details

Property & Lot

Lot size
199,069.2 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$7,942.12 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8075150
Listed
January 15, 2026
Time on market
On the market for 229 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Nearly 5-acre holding property priced for today's market - not future development values. Offered at approximately $740,000 per acre, which is comparable to the cost of a single lot in Mission. The property is designated Urban Residential, allowing for future subdivision into single-family lots, duplexes, or small multi-family (fourplex) development, subject to municipal approvals. There is approximately 3.4 acres of usable land, with the potential to achieve 7-8 lots per acre once developable. This is an ideal long-term investment for a patient buyer looking to secure land at the right price during a softer market cycle. Well-located along a key corridor in a growing area, this property presents a rare opportunity to buy, hold, and benefit from long-term appreciation and future development potential. (id:63159)

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
Valley Christian School(Independent)Elementary1.0 km
Edwin S Richards ElementaryElementary1.6 km
Albert McMahon ElementaryElementary1.7 km
Hillside Traditional AcademyElementary2.1 km
Cherry Hill ElementaryElementary2.3 km
Seminary of Christ the King(Independent)Secondary2.7 km
Windebank ElementaryElementary2.9 km
Christine Morrison ElementaryElementary3.0 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

No TransLink stops within an ~10-minute walk.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($399,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,596,000.00
Periodic payment — Principal & Interest (monthly)$10,296.85
Additional monthly expenses (strata, tax, utilities, etc.)$661.84
Total monthly cost$10,958.69
Interest paid over 5-yr term$457,418.19
Balance at end of term$1,435,607.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$399,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,272.68

Cash Needed at Closing

Minimum down payment$399,000
Estimated BC PTT$37,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$438,400

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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