Property Type: Detached HouseOwnership: Freehold

8506 LAKEVIEW ROAD

Mission, BC V2V7L8

$1,599,900

3 bed4 bath10 parking3,234 sqftBuilt 2021
Get Directions

Amenities

Also listed: Storage - Locker, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Style
Ranch, 2 Level
Lot size
5,650 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0 (2026)

Interior

Basement
Finished, Full
Heating
Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Central Vacuum

Exterior & Lot

Waterfront
Waterfront
Pool
Outdoor pool

Building

Water source
Sand point
Utilities
Natural Gas, Electricity

Parking

Total spaces
10 — covered indicated
Features
Garage, Open, RV

Listing Information

MLS®
R3154591
Listed
August 12, 2026
Time on market
On the market for 19 days
Tax assessment year
2026
Data last synced
August 31, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

Lakeside living at its finest! This stunning 5-year-old Bear Claw Home built residence offers 3,234 sq. ft. of quality finishing across 3 levels on the quiet side of Hatzic Lake. The main floor features a luxurious primary suite, vaulted great room with floor-to-ceiling fireplace, and chef-inspired kitchen with high-end appliances, 6-burner gas range, quartz counters, oversized island, and walk-in pantry. Enjoy breathtaking lake views from the covered deck overlooking your heated salt-water pool, private paved boat launch plus wharf. Upstairs offers 2 bedrooms and full bath, while the walkout basement includes a large rec room, den, bathroom, and garden garage/shop. Central A/C, on demand hot water, b/i vac, back-up generator and oversized driveway! (id:63159)

Values & Trends

This listing

$495/sqft

Building average

No other active listings in this building

Mission average

$550/sqft

266 active listing(s)

Parking: 10 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.

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

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.

Nearby Schools

SchoolTypeDistance
Hatzic ElementaryElementary1.6 km
Hatzic Middle SchoolMiddle1.9 km
Dewdney ElementaryElementary2.9 km
Seminary of Christ the King(Independent)Secondary3.0 km
Hillside Traditional AcademyElementary4.3 km
Ecole Heritage Park Middle SchoolMiddle4.4 km
des Deux-RivesElementary/Middle4.5 km
Windebank ElementaryElementary4.6 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% ($319,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,920.00
Periodic payment — Principal & Interest (monthly)$8,257.61
Additional monthly expenses (strata, tax, utilities, etc.)$162.00
Total monthly cost$8,419.61
Interest paid over 5-yr term$366,828.75
Balance at end of term$1,151,292.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,980
Stress test qualifying rate8.09%
Payment you must qualify for$9,842.14

Cash Needed at Closing

Minimum down payment$319,980
Estimated BC PTT$29,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,478

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.

Request more information