Property Type: Detached HouseOwnership: Freehold

8544 CEDAR STREET

Mission, BC V4S1A1

$1,229,000

6 bed4 bath4 parking2,880 sqftBuilt 2024
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Property Details

Property & Lot

Sub-type
House
Lot size
4,342.16 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,693.25 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Forced air, Electric, Natural gas
Fireplace
Yes (1)

Parking

Total spaces
4 — covered indicated
Features
Detached Garage, Garage, Garage, Carport

Listing Information

MLS®
R3144230
Listed
July 9, 2026
Time on market
On the market for 54 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

BEST LOCATION! Open house : AUGUST 22, Sat. 2pm-4pm. IMMACULATE custom-designed home! This 2900 sq ft home was designed to give everyone SPACE. Open concept living space, chef's kitchen w/ AMPLE storage, quartz counters, top-of-the-line SS appliances, and access to the massive balconies at the front and rear. The second floor boasts a large master bedroom with a walk-in closet & ensuite, with two additional bedrooms & bathroom. The main level secures your investment with FULLY CONTAINED RENTAL SUITES! FULLY LEGAL 2 bed/1 bath and roughed in 1 bed/1 bath BONUS! 2 bedroom suite is already generating great revenue! Extensive finishing, stonework, ample parking, huge covered decks & porch, roughed in for A/C. (id:63159)

Values & Trends

This listing

$427/sqft

Building average

No other active listings in this building

Mission average

$550/sqft

266 active listing(s)

Parking: 4 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

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
Albert McMahon ElementaryElementary224 m
Cherry Hill ElementaryElementary764 m
Valley Christian School(Independent)Elementary837 m
Edwin S Richards ElementaryElementary1.3 km
Christine Morrison ElementaryElementary1.5 km
Hillside Traditional AcademyElementary1.8 km
Mission Senior SecondarySecondary1.8 km
Fraserview Learning CentreSecondary2.2 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 (5+)

  • Tom Jones Park227 m
  • Lightburn Park370 m
  • Griner Park455 m
  • Tunbridge Common669 m
  • Bailey Park775 m

Nearby places data: © OpenStreetMap contributors.

School district: Mission (SD75)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($97,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$983,200.00
Periodic payment — Principal & Interest (monthly)$6,343.27
Additional monthly expenses (strata, tax, utilities, etc.)$535.10
Total monthly cost$6,878.38
Interest paid over 5-yr term$281,787.95
Balance at end of term$884,391.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$97,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,697.76

Cash Needed at Closing

Minimum down payment$97,900
Estimated BC PTT$22,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$121,980

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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