32 33209 Cherry Avenue

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

rent

$2,310/mo

after all costs

−$2,408/mo

cap rate

1.8%

yearly net rent ÷ price

Costs: mortgage $3,703 · tax $297 · strata $358 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Abbotsford - Mission: CMHC's average there ($2,294) raised by what new tenants pay against everyone in the Abbotsford-Mission area, then down 4.3% 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.

Catchment schools, Mission School District 75

• Elementary Albert McMahon Elementaryhomes in this catchment

  700 m away · 32865 Cherry Ave, Mission · 604-826-0274

• Middle Hatzic Middlehomes in this catchment

  3.6 km away · 8465 Draper St, Mission · 604-826-2481

• Secondary Mission Senior Secondaryhomes in this catchment

  2.0 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.