8590 SYLVESTER ROAD
Mission, BC V2V7K6
$5,500,000
Property Details
Property & Lot
- Lot size
- 136,778.4 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $21,578.89 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8074592
- Listed
- December 17, 2025
- Time on market
- On the market for 258 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.
Description
Rare Industrial Land available zoned GI (General Industrial) with 3.14 acres (as shown on property tax report). The property is level and comprised of a 6 bay rental building with 5,496 sq.ft. and a separate shop of 1480 sq.ft. with a 270 sq.ft. office and a separate rental home. Buildings are of older construction. This property is located just a few minutes easy of Mission and is very near Highway 7 (Lougheed Highway) with great access to the Lower Mainland, Vancouver and U.S. Border. (id:63159)
Location Insights
Weather
Nearest station: Abbotsford
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
| School | Type | Distance |
|---|---|---|
| Dewdney Elementary | Elementary | 1.4 km |
| Hatzic Elementary | Elementary | 3.2 km |
| Hatzic Middle School | Middle | 3.5 km |
| Seminary of Christ the King(Independent) | Secondary | 4.5 km |
| Ecole Heritage Park Middle School | Middle | 5.9 km |
| Hillside Traditional Academy | Elementary | 5.9 km |
| des Deux-Rives | Elementary/Middle | 6.1 km |
| Windebank Elementary | Elementary | 6.2 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.
School district: Mission (SD75)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,100,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.