For Sale: 32995 1st Avenue, Mission, BC - REW
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$1,795,000
0 bd • ba • sf • Multifamily
32995 1st Avenue
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$1,795,000
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32995 1st AvenueMission, BC, V2V 1G1

Mission Downtown
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Excellent investment opportunity to acquire a 15-unit multifamily building in a high-exposure location along 1st Avenue / Lougheed Highway in the growing City of Mission. This income-producing property features a well-balanced unit mix Of 4 studio suites, 10 one-bedroom suites, and 1 two-bedroom suite, with gross monthly revenue exceeding $14,800. Significant capital upgrades have been completed over the years, including roof replacement in 2019, hot water boiler system replacement in 2017, and PBX/ copper plumbing upgrades in 2015, along with updated light fixtures and appliances, helping support long-term value and operational stability. Ideally situated close to transit, shopping, and everyday amenities, the property benefits from strong tenant appeal in a convenient and accessible location. A compelling opportunity for investors seeking stable cash flow, upside potential, and long-term appreciation. Contact us for more information. (id:63626)
Listed by: Karl Toews PREC*, Homelife Advantage Realty LTD

Home facts and features

Price details
List Price
$1,795,000
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Gross Taxes for 2025
$5,010
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
Community
Agent details
Primary Agent
Primary Broker
Homelife Advantage Realty LTD
Listing details
Days on REW
58 Days
Property Views
175
MLS® Number
C8077715
Source
Canadian Real Estate Association
Board
Fraser Valley Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Mission Central School
  • Public
  • Pre-K - 6
  • In Catchment
Mission Senior Secondary School
  • Public
  • 10 - 12
  • In Catchment
Ecole des Deux-Rives
  • Public
  • K - 8
  • In Catchment
Ecole Heritage Park Middle School
  • Public
  • 7 - 9
  • In Catchment
Hillside Traditional Academy
  • Public
  • K - 6
Edwin S Richards Elementary School
  • Public
  • K - 6
Dasmesh Punjabi School
  • Independent
  • K - 12
Valley Christian School
  • Independent
  • K - 12
Seminary of Christ the King School
  • Independent
  • 8 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Karl Toews PREC*
Phone:
(604) 859-3141
Cell:
778-549-8119
Office:
604-859-3141
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.