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$409,999

309 33816 SOUTH FRASER WAY

Abbotsford · MLS® R3085302

1 bed · 1 bath · 587 sq ft · 1 parking

Condo · Single Family · built 2025 · 240 days on market

Listed by Joginder Sidhu, Planet Group Realty Inc.

Realtor's description

Welcome to Montvue Living, where modern design meets classic charm. This spacious home is ideally situated in Historic Downtown Abbotsford, within walking distance to local shops, boutiques, restaurants, cafés, and essential services. Located in one of Abbotsford's oldest and most established neighbourhoods, this property offers a vibrant community atmosphere suited for families, downsizers, and young couples seeking a convenient and enjoyable lifestyle.# Still Available #

Property details

Type: Condo, Single Family
Bedrooms: 1
Bathrooms: 1
Living area: 587 sq ft
Parking: 1
Year built: 2025
Property tax: $2,500 / yr
Strata fee: $214 / mo ($0.36 / sq ft)
Strata rules: Pets Allowed, Pets Allowed With Restrictions, Rentals Allowed
Days on market: 240
MLS®: R3085302

Features

Pets Allowed
Pets Allowed With Restrictions
Rentals Allowed
Washer
Refrigerator
Dishwasher

Price check

2026 assessment: $430,000 · asking is -4.7%
Price per sq ft: $698 vs $411 median for condos in Abbotsford for sale (292)
Last sold: $450,240 · Oct 10, 2025

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 240 days · no price changes so far

The market here

Listed now: 59 days; median for 295 condos for sale; this one 240 days

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

Property tax by year

Year	Assessed	Est. tax
2026	$430,000	$1,944

The listing shows $2,500 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

$2,208/mo

Mortgage $1,786 · Tax $208 · Strata $214

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

estimated payment

$1,786/ monthly

loan $327,999

25-year amortization

down payment20% · $82,00020%+ 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: $207,899
property transfer tax: $6,200; BC general rate
cash to close: $88,200; down + PTT
total paid: $535,898

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: $1,278/mo
After all costs: −$1,067/mo
Cap rate: 2.1%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $1,786 · tax $208 · strata $214 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 1-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: 3,790 m² (40,795 sq ft). 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 Alexander Elementaryhomes in this catchment
400 m away · 2250 Lobban Rd, Abbotsford · 604-859-3167
Middle Abbotsford Middlehomes in this catchment
900 m away · 33355 Bevan Ave, Abbotsford · 604-853-3367
Secondary Abbotsford Senior Secondaryhomes in this catchment
900 m away · 33355 Bevan Ave, Abbotsford · 604-853-3367

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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