Property Type: Condo / ApartmentOwnership: Strata

503 32440 SIMON AVENUE

Abbotsford, BC V2T5R3

$449,900

2 bed2 bath1 parking1,268 sqftBuilt 1995
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Amenities

Gym

Also listed: Storage - Locker, Recreation Centre, Laundry - In Suite, Sauna, Whirlpool

Property Details

Property & Lot

Sub-type
Apartment
Stories
16

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$605/mo
Annual property tax
$1,717.13 (2025)

Interior

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

Exterior & Lot

View
Mountain view
Pool
Indoor pool

Parking

Total spaces
1 — uncovered indicated
Features
Underground, Visitor Parking

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
R3135460
Listed
June 17, 2026
Time on market
On the market for 75 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Trethewey Tower Beauty! Set in Central Abbotsford on Simon Ave minutes from absolutely everything, this stunning 5th floor 1250 sq ft unit is ideal for the discerning purchaser. Comprises of spacious accommodation, upgraded appliances, 2 excellent sized bedrooms (one ensuite) plus an additional bathroom, lovely kitchen, large living room with gas fire and dining area. Fantastic views over the mountain ranges. Did I mention the private secure underground parking, indoor pool, hot tub, sauna, gym, craft room, library and lounge. The list goes on and on. Excellent value for money. View today! (id:63159)

Values & Trends

This listing

$355/sqft

Building average

No other active listings in this building

Abbotsford average

$447/sqft

322 active listing(s)

Parking: 1 stall(s) includedStorage locker: Included

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.

Apartment Market Stats — Abbotsford

Monthly figures from the Fraser Valley Real Estate Board for Abbotsford apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$380,900

Jul 2026

Average Sale Price

$384,321

Jul 2026

Monthly Sales

47

Jul 2026

Active Listings

324

Jul 2026

Sales-to-Active Ratio

15.0%

Jul 2026

Median Days to Contract

35 days

Jul 2026

MLS® HPI Benchmark Price

$482,800
$356,400
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

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

153,524

(2021 Census)

+8.6% since 2016

Density: 409/km²

Dwellings: 55,659

Median household income: $90,000

After-tax: $81,000

Immigrant population: 28.6%

Top countries of origin (% of total population)

  • India15.5% · 23,835
  • United Kingdom1.5% · 2,315
  • Philippines1.1% · 1,730
  • United States of America0.9% · 1,395
  • Netherlands0.6% · 890
  • Viet Nam0.6% · 880
  • Korea, South0.6% · 845
  • China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

81

8/9 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
John Maclure Community SchoolElementary633 m
Colleen And Gordie Howe Middle SchoolMiddle825 m
W J Mouat SecondarySecondary826 m
Centennial Park ElementaryElementary916 m
Dormick Park ElementaryElementary1.0 km
Ten Broeck ElementaryElementary1.4 km
Chief Dan George MiddleMiddle1.8 km
ASIA - North PoplarElementary1.8 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

Restaurants (5+)

  • King Kabob125 m
  • C-Lovers · 32451 South Fraser Way138 m
  • Sahota's Live Grill · 2649 Trethewey Street291 m
  • Wok Box · 32500 South Fraser Way316 m
  • APAG Filipino Cuisine · 32500 South Fraser Way323 m

Cafes (4)

  • City Cafe232 m
  • Starbucks550 m
  • House of James · 2743 Emerson Street572 m
  • Cafeatearea Bites738 m

Grocery (5+)

  • Bulk Barn197 m
  • A&G Supermarket · 32346 South Fraser Way232 m
  • FreshCo · 32500 South Fraser Way376 m
  • Guru Nanak Market · 32434 South Fraser Way407 m
  • Save-On-Foods545 m

Parks (5+)

  • Civic Plaza · 32315 South Fraser Way187 m
  • Unnamed349 m
  • Oriole Park · 2951 Oriole Crescent416 m
  • J A Spud Murphy Park · 32285 Hillcrest Avenue591 m
  • Inspiration Park644 m

Shopping (5+)

  • Fraserway Place · 32465 South Fraser Way148 m
  • Unnamed · 32442 George Ferguson Way197 m
  • Canadian Tire · 32513 South Fraser Way255 m
  • South Fraser Gate · 32390 South Fraser Way273 m
  • Clearbrook Town Square · 32500 South Fraser Way338 m

Gyms (3)

  • She's Fit301 m
  • Club 16 Trevor Linden Fitness321 m
  • GoodLife Fitness456 m

Pharmacies (5+)

  • Abby Pharmacy181 m
  • Silvermere Pharmacy195 m
  • Shoppers Drug Mart · 32390 South Fraser Way218 m
  • Versa Pharmachoice · 32526 George Ferguson Way261 m
  • PharmaChoice · 32526 George Ferguson Way288 m

Banks & ATMs (5+)

  • TD157 m
  • Bitcoin ATM Coinsite · 2880 Trethewey Street173 m
  • RBC · 32412 South Fraser Way215 m
  • Unnamed · 32412 South Fraser Way216 m
  • Vancity592 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$359,920.00
Periodic payment — Principal & Interest (monthly)$2,322.08
Additional monthly expenses (strata, tax, utilities, etc.)$811.01
Total monthly cost$3,133.10
Interest paid over 5-yr term$103,154.11
Balance at end of term$323,749.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,286.59

Cash Needed at Closing

Minimum down payment$22,495
Estimated BC PTT$6,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,993

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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