Property Type: Land / Lot

33849 CHERRY AVENUE

Mission, BC V2V2V7

$2,799,000

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Property Details

Property & Lot

Lot size
6,229.8 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$21,849.83 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8080296
Listed
July 9, 2026
Time on market
On the market for 53 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Little Oak Realty · Data source: CREA DDF.

Description

Attention Developers and Builders! Exceptional development opportunity with 9 PLA-ready approved lots in a prime location. Three lots are already serviced from the Kimball Street cul-de-sac, providing added value and a head start on development. Surrounded by newer homes and other significant development projects, this property is ideally located close to schools, parks, and recreational amenities. Contact for more details! (id:63159)

Location Insights

Weather

Nearest station: Abbotsford

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 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

7

1/9 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
Hillside Traditional AcademyElementary539 m
Edwin S Richards ElementaryElementary834 m
Seminary of Christ the King(Independent)Secondary952 m
Windebank ElementaryElementary1.3 km
Ecole Heritage Park Middle SchoolMiddle1.3 km
des Deux-RivesElementary/Middle1.5 km
Albert McMahon ElementaryElementary2.0 km
Hatzic Middle SchoolMiddle2.1 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

Parks (2)

  • Jack Wade Park295 m
  • Knightview Park644 m

Nearby places data: © OpenStreetMap contributors.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($559,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,239,200.00
Periodic payment — Principal & Interest (monthly)$14,446.56
Additional monthly expenses (strata, tax, utilities, etc.)$1,820.82
Total monthly cost$16,267.38
Interest paid over 5-yr term$641,761.16
Balance at end of term$2,014,167.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$559,800
Stress test qualifying rate8.09%
Payment you must qualify for$17,218.66

Cash Needed at Closing

Minimum down payment$559,800
Estimated BC PTT$61,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$623,270

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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