$269,000
7 8953 Shook Road
Missionlisted today
listed by eXp Realty
MLS® R3178475
201 8423 Cedar Street
111
464 sq ft · Condo · Single Family · built 2025 · 3 days on market
listed by Trevor Street, Royal LePage Elite West
realtor's description
Welcome to Silver & Cedar Condos in Mission! Discover architectural elegance and natural beauty at its finest. Immerse yourself in the breathtaking beauty of the West Coast's pristine lakes, nature trails, and parks. Enjoy easy connectivity to Downtown Vancouver through the convenient Westcoast Express. With Redekop Faye's unrivalled expertise, discover a harmonious blend of urban living and outdoor exploration that surpasses expectations.
property details
- type
- Condo, Single Family
- bedrooms
- 1
- bathrooms
- 1
- living area
- 464 sq ft
- parking
- 1
- year built
- 2025
- strata fee
- $179 / mo ($0.39 / sq ft)
- strata rules
- Pets Allowed With Restrictions, Rentals Allowed
- days on market
- 3
- MLS®
- R3178105
features
- Pets Allowed With Restrictions
- Rentals Allowed
- Washer
- Refrigerator
- Dishwasher
- Stove
monthly cost
$1,660/mo
Mortgage $1,481 · Strata $179
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
if you rented it out
- rent
- $1,360/mo
- after all costs
- −$443/mo
- cap rate
- 3.7%
- yearly net rent ÷ price
Costs: mortgage $1,481 · strata $179 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Abbotsford - Mission: CMHC's average there ($1,278) raised by what new tenants pay against everyone in the Abbotsford-Mission area, then down 3.1% with Abbotsford–Mission's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
location
MissionGoogle Maps ↗
schools
Catchment schools, Mission School District 75
- Elementary Albert McMahon Elementaryhomes in this catchment
100 m away · 32865 Cherry Ave, Mission · 604-826-0274
- Middle Hatzic Middlehomes in this catchment
4.4 km away · 8465 Draper St, Mission · 604-826-2481
- Secondary Mission Senior Secondaryhomes in this catchment
2.2 km away · 7466 Welton St, Mission · 604-826-1414
From the Mission School District 75's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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