$688,999
32881 1ST AVENUE
Beds
2
Baths
2
Sqft
—
Year
1921
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mission. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
First-time buyers and investors take note! Here's your chance to own a detached home with land, garage, and workshop for under $700K in Mission - one of the Fraser Valley's most affordable communities. This charming 2-bedroom, 2-bath home sits on a 4,026 sq ft lot with convenient back lane access and a large garage/storage/workshop. Walk to downtown Mission, shopping, transit, the West Coast Express, and the marina. Close to the Mission Leisure Centre with wave pool and gym, plus Centennial Park featuring tennis courts, playgrounds, and a dog park. Future multi-family zoning offers excellent investment potential. Updates include new windows (2025) and hot water tank (2020). Packed with opportunity in a great location. Watch the video and book your private showing today! (id:65958)
- Subtype
- Single Family
- Architectural style
- Other
- Structure
- House
- Common interest
- Freehold
- Living area
- 967 square feet
- Lot size
- 4,026 square feet
- Lot dimensions
- 4026
- Parking
- 1 total
- Fireplace
- 1
- On market
- Mar 11, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $2,644.3 (2025)
- Photos
- 40
- MLS#
- R3098526
- Area
- MISSION
Features and systems
Parking
Basement
Appliances
Heating
Utilities
Cash on cash
-6.73%
Cap rate
3.52%
GRM
16.6
Break-even rent
$4,263
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.