5 32165 7 AVENUE
Mission · MLS® R3159658
2 bed · 2 bath · 1,401 sq ft · 2 parking
Townhouse · Single Family · built 1989 · 38 days on market
Listed by Carly Pogue, eXp Realty of Canada Inc.
Realtor's description
Peaceful, comfortable living awaits at Cherry Lane, a welcoming 55+ community of just 20 units with a well-run, self-managed strata. This spacious 1,401 sq ft, 2-bed, 2-bath townhome features in-floor radiant heat, hot water on demand, upgraded Frigidaire A/C, new windows & an oversized soaker tub. Enjoy an extra-large private covered patio with aggregate flooring, sun shade, garden bed, mature raspberry bush, hummingbirds & beautiful sunsets. Garage fits a small truck + 1 additional parking space. Pet friendly: 1 dog (15" at shoulder) or 1 cat. Built-in kitchen drawers offer exceptional accessibility & convenience, while the laundry room features custom cabinetry, sink & additional storage. Close to Mission Hospital, transit & convenience store.
Property details
- Type
- Townhouse, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,401 sq ft
- Parking
- 2
- Year built
- 1989
- Property tax
- $2,409 / yr
- Strata fee
- $425 / mo ($0.30 / sq ft)
- Strata rules
- Pets Allowed With Restrictions, Age Restrictions
- Days on market
- 38
- MLS®
- R3159658
Features
- Pets Allowed With Restrictions
- Age Restrictions
- Washer
- Refrigerator
- Central Vacuum
- Dishwasher
Floor plans
Found among the listing photos.
Monthly cost
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,623/mo
- After all costs
- −$1,264/mo
- Cap rate
- 1.9%
- yearly net rent ÷ price
Costs: mortgage $1,956 · tax $201 · strata $425 · insurance ~$175 · 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
Schools
Catchment schools, Mission School District 75
- Elementary West Heights Elementaryhomes in this catchment
200 m away · 32065 Van Velzen Ave, Mission · 604-826-6401
- Middle Ecole Heritage Park Middlehomes in this catchment
3.2 km away · 33700 Prentis Ave, Mission · 604-820-4587
- Secondary Mission Senior Secondaryhomes in this catchment
2.2 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.
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