316 31850 Union Ave, Abbotsford BC - Apartment/Condo for Sale - MLS# R3140521

74 days on the market
$209,900
Est. Mortgage $929/mo
Listing updated:
EstateBlock checked:
Fernwood Manor
2 Beds
1 Baths
1043 sqft
201 $ /sqft
1986 built
10.6% price reduction 28.4% cheaper than comps
74 days on the market
$209,900
$234,900
Est. $929/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 316 31850 Union Avenue

10.6% price reduction 28.4% cheaper than comps

Top Floor Living at Fernwood Manor! Welcome to one of Abbotsford's most sought-after 55+ communities. This spacious top-floor home offers two generously sized bedrooms and one bathroom, featuring wide hallways for excellent accessibility. The expansive west-facing balcony includes a convenient storage locker and showcases beautiful mountain views—the perfect spot to enjoy your morning coffee or evening sunsets. Fernwood Manor offers an exceptional lifestyle with two guest suites, a workshop, exercise room, games room with pool table, meeting room, beautifully maintained gardens, and a welcoming community atmosphere.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Guest Suite
Fireplace 0
Heating Type Baseboard
Laundry In Unit
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $209,900
Total Bedrooms 2
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1043
Year Built 1986
Age Of Building 40
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Caretaker, Sewer
Building Name Fernwood Manor
Ownership Type Freehold NonStrata
Maintenance Fee $505.2
Amenities Nearby Caretaker, Sewer
Utility Type Community, Electricity Connected
Utility Sewer Community
Water (WaterSource) Public
Parking Type Underground
Total Parking Spaces 1
Strata Restrictions Age Restrictions,Pets Not Allowed,Age Restricted 55+
Pet Restrictions No Cats, No Dogs, No
Rental Suites None

Lot & Land

Lot Size Depth Feet
MLS® # R3140521
Area Abbotsford
Neighbourhood Abbotsford West
City Abbotsford
Postal Code V2T 4V2
Gross Taxes $1,171.06
Zoning RML

Property Timeline

Status Date Price
R3140521 / Active 06-24-2026 $209,900
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 12'1 x 12'1 ft
Main Level Dining Room 9'11 x 9'11 ft
Main Level Kitchen 8'6 x 8'6 ft
Main Level Primary Bedroom 11'8 x 11'8 ft
Main Level Bedroom 9' x 9' ft
Main Level Laundry 6'6 x 6'6 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3

Listed by: Homelife Advantage Realty Ltd.

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.

Map & Neighbourhood

Public Schools

Middle
Colleen and Gordie Howe Middle School
Average 1.2 km 4.5/10
Secondary
W J Mouat Secondary School
Average 1.49 km 5.7/10
Elementary
Ten Broeck Elementary School
Below Average 0.29 km 3.8/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Mennonite Educational Institute
Above Average 3.01 km 7.7/10
Secondary
St. John Brebeuf Regional Secondary
Average 1.49 km 6.8/10

Closest Transit

Bus Stop
South Fraser at Countess (WB)
0.15 km
Skytrain
West Coast Express @ Mission City Station
9.82 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average 13.1%
No Certificate/Degree
Above Average 26.6%
Owner Occupied
Average 69.6%
Employment Rate
Average 64.4%

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

Sell Speed & Competition

77 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $269,512
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.82 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How ABBOTSFORD WEST compares
This property
74 DOM
Listed
Abbotsford West avg
Abbotsford avg

316 31850 Union Avenue has a sell-speed score of 77/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 28.4% below comparable active properties in Abbotsford West, which is a strong competitive signal. The local market is currently a Balanced Market with a sales-to-active ratio of 16.9% — conditions are balanced. With only 355 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is likely to attract offers within 1–3 weeks.

Climate Risk for V2T 4V2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2T 4V2, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Moderate

Located within the "Chilliwack" WUI zone (Risk Class 3 — Moderate). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.9 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Abbotsford A Columbia Street, Abbotsford (~3.3 km). Annual avg AQHI 1.8 — Low Risk.

Heat Elevated

Abbotsford currently sees ~3 days above 30 °C per year (1981–2010 baseline), projected to rise to ~13 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~31.2 °C baseline, ~33.9 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1520 mm (1981–2010 baseline), projected ~1572 mm by the 2050s. Extreme 1-day rainfall: ~53.7 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~24 days baseline, ~25 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (51 nearby)

  • Clearbrook plaza · 131 m · Post Office
  • Eyemax eyecare · 152 m · Optician
  • Hair n care beauty studio · 185 m · Beauty Shop

Transit (47 nearby)

  • Bus stop south fraser at countess (wb) · 146 m · Transit
  • Bus stop south fraser at center (eb) · 162 m · Transit
  • Bus stop south fraser at countess (eb) · 165 m · Transit

Restaurants (32 nearby)

  • Indian rasoi curry house & pizzeria · 80 m · Fast Food
  • Great pizza 2 for 1 · 89 m · Fast Food
  • New saigon vietnamese cuisine · 136 m · Restaurant

Groceries (17 nearby)

  • Day to day grocery & produce · 49 m · Supermarket
  • Mr india meats & restaurant · 197 m · Butcher
  • Spice meat shop · 206 m · Butcher

Healthcare (8 nearby)

  • I.d.a. · 271 m · Healthcare
  • Matsqui pharmacy · 313 m · Healthcare
  • Clearbrook pharmacy · 440 m · Healthcare

Cafes (5 nearby)

  • Tim hortons · 270 m · Cafe
  • Sipp chai café · 283 m · Cafe
  • Rose room coffee shop · 528 m · Cafe

Gyms (1 nearby)

  • Abbotsford taekwondo club · 400 m · Gym

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Ten Broeck Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
3.8 / 10

Distance

289 m

Dormick Park Elementary

Public

Grades Served

Catchment Info

5.8 / 10

Distance

827 m

Abbotsford Traditional School

Public

Grades Served

Catchment Info

6.7 / 10

Distance

1.04 KM

Abbotsford Traditional Middle School

Public

Grades Served

6-8

Catchment Info

6.0 / 10

Distance

1.09 KM

Colleen and Gordie Howe Middle School

Public

Grades Served

6-8

Catchment Info

In Catchment
4.5 / 10

Distance

1.20 KM

ASIA - North Poplar

Public

Grades Served

Catchment Info

4.6 / 10

Distance

1.23 KM

St. John Brebeuf Regional Secondary

Independent

Grades Served

Catchment Info

6.8 / 10

Distance

1.49 KM

W J Mouat Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
5.7 / 10

Distance

1.49 KM

John Maclure Community School

Public

Grades Served

K-5

Catchment Info

4.8 / 10

Distance

1.80 KM

Centennial Park Elementary School

Public

Grades Served

K-5

Catchment Info

5.4 / 10

Distance

1.80 KM

Bakerview Centre for Learning

Public

Grades Served

Catchment Info

3.6 / 10

Distance

1.96 KM

Blue Jay Elementary School

Public

Grades Served

K-5

Catchment Info

5.0 / 10

Distance

2.07 KM

Clearbrook Elementary School

Public

Grades Served

K-5

Catchment Info

4.6 / 10

Distance

2.10 KM

Eugene Reimer Middle School

Public

Grades Served

6-8

Catchment Info

4.8 / 10

Distance

2.31 KM

Harry Sayers Elementary School

Public

Grades Served

K-5

Catchment Info

4.9 / 10

Distance

2.46 KM

Rick Hansen Secondary

Public

Grades Served

Catchment Info

5.7 / 10

Distance

2.47 KM

Godson Elementary School

Public

Grades Served

K-5

Catchment Info

2.8 / 10

Distance

2.70 KM

Chief Dan George Middle

Public

Grades Served

Catchment Info

5.7 / 10

Distance

2.79 KM

Abbotsford Middle School

Public

Grades Served

6-8

Catchment Info

4.5 / 10

Distance

2.88 KM

Walkability & Transit Near 316 31850 Union Avenue

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
78

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 316 31850 Union Avenue

/month
Principal & Interest
Property Taxes $98
Maintenance fee 505.2
Financing 80% of the $209,900 asking price over 30 years at 4% results in approximately $1,405/month in total estimated carrying costs, $98 property tax, $505 maintenance fee.
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:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
This listing generates an estimated $1,182/month in rental income, leaving a -$275/month cashflow at current carrying costs. Investors targeting break-even would need roughly 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 316 31850 Union Avenue, Abbotsford

Buy Vs Rent Calculator

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Rent
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Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Abbotsford West, Abbotsford

Beds Home Types Square Feet Lot Size Year Built
This Home $209,900
Abbotsford Loading...
Abbotsford West Loading...

Based on 52 comparable active apartments/condos in Abbotsford West, the average asking price is $293,344. This listing is priced 28.4% below the neighbourhood average. This property is flagged as a Hot Deal (10.6% price reduction, 28.4% cheaper than comparables) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 316 31850 Union Avenue

Walk Score Badge
Car-Dependent 85

Walk Score - Very Walkable

Most errands can be accomplished on foot
Transit Score Badge
Some Transit 53

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
78

Bike Score - Very Bikeable

Biking is convenient for most trips

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