32634 Laminman Avenue

1 / 23

$1,050,000

32634 Laminman Avenue

Mission · MLS® R3178626

536

2,481 sq ft · 13,200 sq ft lot · House · Single Family · built 1952 · listed today

listed by Tina Dancey, Real Broker

realtor's description

Prime 1/3 acre lot in quick developing Cedar Valley area. Property includes 2481 square foot updated home with 5 bedrooms, 3 baths. Suite downstairs 2 bedrooms, 1 bathroom. Could make a great income and or holding property. Absolutely beautifully maintained, with newer roof and brand new flooring in suite. Brand new expoxy flooring in garage as well,along with brand new hot water tank. Move in ready, or perfect for contractors looking to build and sell, or homebuyers wanting to build their own home. Close proximity to all amenities including, schools,parks,shopping and public transit. Great property, great location. Come see all the beauty and potential Mission has to offer.

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 2,481 sq ft
lot: 13,200 sq ft
parking: 6
year built: 1952
property tax: $4,180 / yr
days on market: 0
MLS®: R3178626

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave

monthly cost

$4,923/mo

Mortgage $4,575 · Tax $348

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

estimated payment

$4,575/ monthly

loan $840,000

25-year amortization

down payment20% · $210,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $532,425
property transfer tax: $19,000; BC general rate
cash to close: $229,000; down + PTT
total paid: $1,372,425

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

suite rent: $1,640/mo
your cost after the suite: $3,589/mo; vs $5,098 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $4,575 · tax $348 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 2-bedroom in Abbotsford - Mission: CMHC's average there ($1,623) 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.

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

similar homes nearby

32634 Laminman Avenue

1 / 23

$1,050,000

32634 Laminman Avenue

Mission · MLS® R3178626

536

2,481 sq ft · 13,200 sq ft lot · House · Single Family · built 1952 · listed today

listed by Tina Dancey, Real Broker

realtor's description

property details

type: House, Single Family
bedrooms: 5
bathrooms: 3
living area: 2,481 sq ft
lot: 13,200 sq ft
parking: 6
year built: 1952
property tax: $4,180 / yr
days on market: 0
MLS®: R3178626

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave

the market here

listed now: 83 days; median for 328 houses for sale; this one listed today

Houses in Mission. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$4,923/mo

Mortgage $4,575 · Tax $348

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

estimated payment

$4,575/ monthly

loan $840,000

25-year amortization

total interest: $532,425
property transfer tax: $19,000; BC general rate
cash to close: $229,000; down + PTT
total paid: $1,372,425

first-time buyernewly builtforeign national

if you rented it out

suite rent: $1,640/mo
your cost after the suite: $3,589/mo; vs $5,098 without it

Suite rent / moDown payment %Rate %

Costs: mortgage $4,575 · tax $348 · insurance ~$175 · vacancy 3% · upkeep 5%.

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