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$570,000

504 2555 WARE STREET

Abbotsford · MLS® R3160592

2 bed · 2 bath · 1,150 sq ft · 2 parking

Condo · Single Family · built 2018 · 36 days on market

Listed by Alyssa Bilous, First Stay Realty Inc.

Welcome to Mill District! This 2-bedroom, 2-bathroom home offers a bright and spacious layout with 9-foot ceilings and thoughtful upgrades throughout. The modern kitchen features granite countertops, full-size appliances, a gas cooktop, and a generous pantry. Comfort is ensured year-round with air conditioning and updated laminate flooring. Both bedrooms have walk-in closets and their own ensuite bathrooms. Enjoy outdoor living on the 113 sq ft patio, complete with a gas hookup for your BBQ with gas included in strata. The home also comes with two parking stalls and one underground storage locker. Located just steps from Mill Lake Park, and close to excellent shopping and dining, this home offers the perfect blend of comfort, convenience, and lifestyle.

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 2
Living area: 1,150 sq ft
Parking: 2
Year built: 2018
Property tax: $2,652 / yr
Strata fee: $325 / mo ($0.28 / sq ft)
Strata rules: Pets Allowed With Restrictions, Rentals Allowed With Restrictions
Days on market: 36
MLS®: R3160592

Above typical for the area (+20%)

2026 assessment: $625,000 · asking is -8.8%
Price per sq ft: $496 vs $414 median for condos in Abbotsford for sale (294)

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
Rentals Allowed With Restrictions
Washer
Refrigerator
Dishwasher
Stove

On market 36 days

Listed now: 62 days; median for 294 condos for sale; this one 36 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 Maps can be out of date or miss a lot line; confirm with the municipality.

Catchment schools, Abbotsford School District 34

Elementary Godson Elementaryhomes in this catchment
800 m away · 33130 Bevan Ave, Abbotsford · 604-853-8374
Middle Abbotsford Middlehomes in this catchment
700 m away · 33355 Bevan Ave, Abbotsford · 604-853-3367
Secondary Abbotsford Senior Secondaryhomes in this catchment
700 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.

$3,029/mo

Mortgage $2,483 · Tax $221 · Strata $325

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

estimated payment

$2,483/ monthly

loan $456,000

25-year amortization

down payment20% · $114,00020%+ 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: $289,031
property transfer tax: $9,400; BC general rate
cash to close: $123,400; down + PTT
total paid: $745,031

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: −$1,571/mo
Cap rate: 1.9%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $2,483 · tax $221 · strata $325 · 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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