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$375,000

223 2515 PARK DRIVE

Abbotsford · MLS® R3146617

2 bed · 2 bath · 863 sq ft · 2 parking

Condo · Single Family · built 2007 · 85 days on market

Listed by Gary Dhindsa, Vybe Realty

Realtor's description

Your home search ends at Viva on Park. Perfect for first-time home buyers, downsizers, or investors, this unit features 863 sq/ft of living space, including 2 bedrooms and 2 full baths. Inside, you will find an open floor plan with a modern kitchen that features a large island. The large primary bedroom features a walk-in closet and a 4-piece ensuite. Conveniently located, you are close to historic downtown, where you can enjoy restaurants, shops, and cafés. You are in close proximity to parks, recreation, transit, and schools. Pet restrictions are as follows: one dog or two cats.

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 863 sq ft
Parking: 2
Year built: 2007
Property tax: $1,867 / yr
Strata fee: $442 / mo ($0.51 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed
Days on market: 85
MLS®: R3146617

Features

Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher
Stove

Floor plans

Found among the listing photos.

Price check

Typical for the area (+5.8%)

2026 assessment: $405,000 · asking is -7.4%
Price per sq ft: $435 vs $411 median for condos in Abbotsford for sale (293)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 85 days · no price changes so far

The market here

Listed now: 60 days; median for 296 condos for sale; this one 85 days

Condos in Abbotsford. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$405,000	$1,831

The listing shows $1,867 a year in property tax.

Estimate: the BC Assessment value times Abbotsford's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$2,231/mo

Mortgage $1,634 · Tax $156 · Strata $442

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,634/ monthly

loan $300,000

25-year amortization

down payment20% · $75,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $190,152
property transfer tax: $5,500; BC general rate
cash to close: $80,500; down + PTT
total paid: $490,152

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,623/mo
After all costs: −$773/mo
Cap rate: 2.8%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,634 · tax $156 · strata $442 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Abbotsford - Mission (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; 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

The building's lot: 4,554 m² (49,019 sq ft) · PID 027-078-132. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

AbbotsfordGoogle Maps ↗

Location

AbbotsfordGoogle Maps ↗

Schools

Catchment schools, Abbotsford School District 34

Elementary Margaret Stenersen Elementaryhomes in this catchment
1.5 km away · 3060 Old Clayburn Rd, Abbotsford · 604-859-3151
Middle William A. Fraser Middlehomes in this catchment
1.3 km away · 34695 Blatchford Way, Abbotsford · 604-859-6794
Secondary Yale Secondaryhomes in this catchment
1.3 km away · 34620 Old Yale Rd, Abbotsford · 604-853-0778

From the Abbotsford School District 34'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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