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$399,000

302 2435 CENTER STREET

Abbotsford · MLS® R3131149

2 bed · 2 bath · 1,010 sq ft · 1 parking

Condo · Single Family · built 1996 · 125 days on market

Listed by Pardeep Sandhu, Real Broker B.C. Ltd.

Bright, spacious, and perfectly located! This 3rd-floor southeast corner unit in Cedar Grove features 2 bedrooms, 2 bathrooms, a large kitchen with eating area, and a welcoming living room with a cozy gas fireplace. Enjoy your morning coffee or evening BBQs on the sunny east-facing balcony. Family and pet friendly with secure underground parking, storage locker, guest suite, bike storage, and workshop area. No age restrictions. Conveniently located just steps from Gurdwara Baba Banda Bahadar and close to shopping, transit, and everyday amenities. A wonderful place to call home!

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,010 sq ft
Parking: 1
Year built: 1996
Property tax: $1,926 / yr
Strata fee: $428 / mo ($0.42 / sq ft)
Strata rules: Pets Allowed With Restrictions
Days on market: 125
MLS®: R3131149

Buying in a building from 1982 to 2000: what to read first

Typical for the area (-4.5%)

2026 assessment: $436,000 · asking is -8.5%
Price per sq ft: $395 vs $414 median for condos in Abbotsford for sale (296)

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.

Pets Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove
Dryer

On market 125 days

Listed now: 62 days; median for 296 condos for sale; this one 125 days

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

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,327/mo

Mortgage $1,738 · Tax $160 · Strata $428

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

estimated payment

$1,738/ monthly

loan $319,200

25-year amortization

down payment20% · $79,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $202,321
property transfer tax: $5,980; BC general rate
cash to close: $85,780; down + PTT
total paid: $521,521

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.

Rent: $1,623/mo
After all costs: −$869/mo
Cap rate: 2.6%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,738 · tax $160 · strata $428 · 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

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