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$5,500,000

8590 SYLVESTER ROAD

Mission · MLS® C8074592

136,778 sq ft lot

Land · Vacant Land · 296 days on market

Listed by Lance Hill, Homelife Advantage Realty Ltd.

Realtor's description

Rare Industrial Land available zoned GI (General Industrial) with 3.14 acres (as shown on property tax report). The property is level and comprised of a 6 bay rental building with 5,496 sq.ft. and a separate shop of 1480 sq.ft. with a 270 sq.ft. office and a separate rental home. Buildings are of older construction. This property is located just a few minutes easy of Mission and is very near Highway 7 (Lougheed Highway) with great access to the Lower Mainland, Vancouver and U.S. Border.

Property details

Type: Land, Vacant Land
Lot: 136,778 sq ft
Parking: 0
Property tax: $21,579 / yr
Days on market: 296
MLS®: C8074592

Property insights

On market 296 days

The market here

Listed now: 126 days; median for 102 homes for sale; this one 296 days

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

Monthly cost

$25,761/mo

Mortgage $23,963 · Tax $1,798

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

estimated payment

$23,963/ monthly

loan $4,400,000

25-year amortization

down payment20% · $1,100,00020%+ 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: $2,788,892
property transfer tax: $193,000; BC general rate
cash to close: $1,293,000; down + PTT
total paid: $7,188,892

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.

Location

MissionGoogle Maps ↗

Location

MissionGoogle Maps ↗

Schools

Catchment schools, Mission School District 75

Elementary Dewdney Elementaryhomes in this catchment
1.4 km away · 37151 Hawkins-Pickle Rd B107, Dewdney · 604-826-2516
Middle Hatzic Middlehomes in this catchment
3.2 km away · 8465 Draper St, Mission · 604-826-2481
Secondary Mission Senior Secondaryhomes in this catchment
7.1 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.

Good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary

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.

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