No photos available

Legal suite

$1,225,000

35622 TERRAVISTA PLACE

Beds

Baths

Sqft

—

Year

1999

Location

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About this home

Located in the popular Highlands neighborhood. Tucked into the cul-de-sac with an oversized lot. 3 bedrooms up with a 2 bedroom legal suite or an option for 4 bedrooms and a 1 bedroom suite. Bright white kitchen with an abundance of soft close cabinets and quartz countertops. Family room with gas fireplace off the kitchen. Front Balcony with North/West exposure off the kitchen and a rear patio area with a quiet, private setting, surrounded with gardens. Office and 2 laundry set ups downstairs. Gazebo, garden shed and plenty of lawn area to play. Brand new roof. Suite is vacant. (id:65958)

Subtype: Single Family
Architectural style: Other
Structure: House
Common interest: Freehold
Living area: 2,830 square feet
Lot size: 7,968 square feet
Lot dimensions: 7968
Parking: 4 total
Fireplace: 1
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $5,862.32 (2025)
Photos: 40
MLS#: R3112145
Area: ABBOTSFORD

Features and systems

Parking

Garage

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity

Negative cash flow ~$1,202/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-5.89%

Cap rate

4.71%

GRM

13.9

Break-even rent

$8,616

Financing

Down payment$245,000

Loan amount$980,000

Mortgage$6,012/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$561

Insurance$80

Maintenance$1,021

CapEx reserve$510

Vacancy loss$368

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Abbotsford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,012/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.