8559 Bannister Dr, Mission, BC

$4,999,900
Est. Mortgage /mo

MLS# R2982429

3 Beds
4 Baths
3865 sqft
1294 $ /sqft
1994 built
$4,999,900
Est. /mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

Amazing value! Designated Multi Unit Attached in the Mission OCP, this property is poised for multifamily development - ideally Townhomes! Within the Cedar Valley neighborhood, this area is undergoing rapid changes. Showcased by two lrg developments in the immediate area by reputable developers. The site is improved with a 3865sqft home, I/G pool, 2 bay WS & storage shed all in a great setting. Water/Drainage infrastructure already exists along Bannister w/sewer connections coming from developments to the north (construction underway). With a typical yield of 22 UPA on townhome land - you could potentially achieve 33-39 townhomes on this site. Also see R2919187/R2942902. DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT. Call for a full information brochure!

General Info

Price $4,999,900
Total Bedrooms 3
Total Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 3865
Lot Size 1.78
Lot Size Depth Feet
Lot Size Frontage 190.03
Basement 1000
Basement Features Full

Property Metrics

Year Built 1994
Age Of Building 31
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Structures Residential Detached

Additional Details

MLS® # R2982429
Building Name -
Area Mission
Neighbourhood Mission BC
City Mission
Postal Code V2V 6Y3
Price per Sqft -
Gross Taxes $7,110.2
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby
Fixtures Included 1

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas
Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank, Sanitary Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Double, Open, RV Access/Parking, Front Access
Total Parking Spaces 8
Strata Restrictions -
Rental Restrictions -
Zoning S20
Rental Suites None
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Septic Tank, Sanitary Sewer
Roof Asphalt

Property Timeline

Status Date Price
R2982429 / Active 03-26-2025 $4,999,900
Rooms
Floor Type Dimensions
Main Level Foyer 6' x 6' ft
Main Level Living Room 20' x 20' ft
Main Level Kitchen 10' x 10' ft
Main Level Family Room 20' x 20' ft
Above Level Primary Bedroom 15' x 15' ft
Above Level Bedroom 12' x 12' ft
Above Level Bedroom 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #5
Above Level No #4
Basement No #4
Listed by: Real Broker B.C. Ltd. & Sutton Group-West Coast Realty (Abbotsford)

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Private Schools

Elementary, Secondary
Valley Christian School
Average
1.57 km
6.9/10
Elementary, Secondary
Valley Christian School
Average
1.57 km
6.9/10

Closest Transit

Bus Stop
Cherry at Aster (EB)
0.26 km
Skytrain
West Coast Express @ Mission City Station
2.60 km

Crime Rate

Total Crime Rate
Above Average
Violent Crime Rate
Above Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
11.7%
No Certificate/Degree
Above Average
22.9%
Owner Occupied
Above Average
75.2%
Employment Rate
Above Average
67.6%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $593
Maintenance fee 0
Financing 80% of the $4,999,900 asking price over 30 years at 4% results in approximately $19,689/month in total estimated carrying costs, $593 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $12,074/month in rental income, leaving a -$7,948/month cashflow at current carrying costs. Investors targeting break-even would need roughly 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $4,999,900
Mission Loading...
Mission BC Loading...
No active comparables are currently available for this property type in Mission. Pricing context may be limited at this time.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 8559 Bannister Drive, Mission, BC?
The closest top-rated schools are Valley Christian School and Valley Christian School.
Is 8559 Bannister Drive, Mission, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 8559 Bannister Drive, Mission, BC?
With a standard down payment, the estimated monthly mortgage is approximately $29,999.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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