Home Mission, BC Mission BC Luther Place 33 7525 Martin Place

33 7525 Martin Pl, Mission BC V2V 6N2 – Condo for Sale – MLS® R3168810

33 7525 Martin Place, Mission, British Columbia V2V 6N2

Mission Condos for Sale

49 days on the market

$395,000

Est. monthly cost $2,201/mo

Updated with MLS® - Nov 10, 2026 at 02:10pm

Luther Place

2 Beds

1 Baths

1068 sqft

370 $ /sqft

460 $ Maint. fee

1988 built

OPEN HOUSE 5.9% price reduction

Photos

Ground level entry 1068 sq ft Condo! Enjoy a 2 Bed,1 Bath home in a 55+ complex & a quiet neighbourhood. "Townhouse style living " with your Carport right out front. Easy ground level accessible for those with mobility issues. The Living rm are bright, spacious & open to Kitchen. Features: Shiplap ceilings in Kitchen & Bathrm, New Tech Alarm System, enclosed Solarium that backs onto a green space. Updates:Tub/Shower surround, newer light fixtures, baseboard heaters, outlets & wall switches. Laundry has 3 yr old Machines, even a sink & lots of storage. Luther Place a friendly, smaller strata community a pet-friendly. An ideal choice for those looking to downsize Easy access to shopping & other amenities. Rentals allowed, no short term, No smoking OPEN HOUSE Sat Nov 14th 1-3 pm also unit 30

Open houses

15 Nov, 2026 (01:00 PM to 03:00 PM)

Building 26 fields Inside & out 12 fields Lot & land 7 fields

Building Details

Price	$395,000
Total Bedrooms	2
Total Bathrooms	1
Full Bathrooms	1
Half Bathrooms	0
Floor Area Total (sqft)	1068
Year Built	1988
Age Of Building	38
Building Type	Apartment/Condo
Property Type	Residential
Architecture Style	Ground Level Unit
Stories	0
Building Amenities	Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Building Name	Luther Place
Ownership Type	Freehold Strata
Maintenance Fee	$460
Community Features	Retirement Community, Shopping Nearby
Amenities Nearby	Trash, Maintenance Grounds, Management, Sewer, Snow Removal, Water
Utility Type	Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Carport Single, Other, Guest, Front Access
Total Parking Spaces	1
Strata Restrictions	Age Restrictions,Age Restricted 55+
Pet Restrictions	Cats OK, Dogs OK
Units In Development	36

Interior Features

Basement Finished Area (sqft)	0
Basement Features	None
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type	Baseboard, Electric
Laundry	In Unit
# of Kitchens	1
Flooring	Laminate, Vinyl
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, No Outdoor Area
View Description	Greenspace
Roof	Asphalt
Structures	Multi Family, Residential Attached

Lot & Land

MLS^® #	R3168810
Area	Mission
Neighbourhood	Mission BC
City	Mission
Postal Code	V2V 6N2
Gross Taxes	$1,786.27
Zoning	MT1

Property Timeline

Status	Date	Price
R3168810 / Active	09-22-2026	$395,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	17' x 17' ft
Main Level	Dining Room	12'2 x 12'2 ft
Main Level	Kitchen	10'7 x 10'7 ft
Main Level	Primary Bedroom	16'1 x 16'1 ft
Main Level	Bedroom	13'8 x 13'8 ft
Main Level	Laundry	13'3 x 13'3 ft
Main Level	Solarium	10' x 10' ft
Main Level	Foyer	6'9 x 6'9 ft
Main Level	Storage	7'4 x 7'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#4

Listed by: RE/MAX LIFESTYLES REALTY

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.

About the building: Luther Place

7525 Martin Place, Mission BC, Mission

Luther Place building details

Building

Built: 1988
Homes: 36
Construction: Frame - Wood
Title: Freehold Strata
Strata plan: NWS2729
Managed by: ECM Strata Management
Parking: Visitor Parking, Carport: Single
Lockers: Limited
Strata fee covers: Snow removalRecreation FacilityManagementGardeningGarbage Pickup

Bylaws on record

Pets: Restricted; Cats and dogs OK, max 1
Rentals: Allowed

Market at Luther Place

For sale: 3
Median ask: $395K
Median $/sqft: $355
Days on market: 46
Sold, past year: 1

This home

$370/sqft, 4.2% above the building median of $355.

Homes for sale at Luther Place, Mission Recent sold listings in Luther Place, Mission

From MLS® and public strata records. Verify against the current Form B and registered bylaws.

Map, sell speed & climate

SkyTrain 2.10 km · crime above average · sell-speed score 46/100 (moderate pace) · flood lower risk · wildfire moderate

Map & area Sell speed Climate risk

Map & Neighbourhood

Nearby Restaurants, Cafes & Shops

Transit (25 nearby)

Bus stop 7th ave at blott (eb) · 99 m · Transit
Bus stop 7th ave at blott (eb) · 130 m · Transit
Bus stop hurd at pleasantview (nb) · 148 m · Transit

Restaurants (22 nearby)

Sushi te · 599 m · Restaurant
Lighthouse fresh & tasty · 640 m · Fast Food
Baba's ukrainian kitchen & coffee house · 643 m · Restaurant

Shopping (18 nearby)

Pharmasave · 460 m · Pharmacy
Moto boutique · 554 m · Clothes
Mystic nails · 688 m · Beauty Shop

Groceries (6 nearby)

Jugo juice · 639 m · Beverages
Bear country bakery · 670 m · Bakery
Food mart · 905 m · Convenience

Healthcare (4 nearby)

Pharmasave · 460 m · Healthcare
Rexall · 738 m · Healthcare
Real canadian superstore pharmacy · 918 m · Healthcare

Cafes (2 nearby)

The loco blue cafe · 925 m · Cafe
Blenz coffee · 969 m · Cafe

Parks & Recreation (1 nearby)

Cedar valley park · 572 m · Park

Private Schools

Elementary,Secondary
Valley Christian Online School: Above Average 1.34 km 7.1/10
Elementary,Secondary
Valley Christian Online School: Above Average 1.34 km 7.1/10

Closest Transit

Bus Stop
7th Ave at Blott (EB): 0.1 km
Skytrain
West Coast Express @ Mission City Station: 2.10 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 9.3%
No Certificate/Degree: Above Average 21.8%
Owner Occupied: Above Average 77.8%
Employment Rate: Above Average 67.5%

Noise/ Power Lines

Road/Hwy Noise: Unlikely
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

46 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $397,417

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 2.10 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How MISSION BC compares

This property

49 DOM

Listed

33 7525 Martin Place has a sell-speed score of 46/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 0.6% below comparable active properties in Mission BC, which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 5.3% — buyers have more leverage. With 57 competing homes currently listed, this property has moderate competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V2V 6N2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2V 6N2, 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 4.4 µg/m³ — meets WHO 2021 guideline. Nearest station: Abbotsford Central, Abbotsford (~10.9 km). Annual avg AQHI 1.8 — Low Risk.

Heat Elevated

Mission 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: ~31.1 °C baseline, ~33.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~2 projected.

Precipitation Increasing

Annual precipitation ~1751 mm (1981–2010 baseline), projected ~1810 mm by the 2050s. Extreme 1-day rainfall: ~60.1 mm baseline, ~65.9 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~21 days baseline, ~23 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Schools NearBy

12 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Fraserview Learning Centre	Public	Grades Served 8-12	Catchment Info —	3.9 / 10	Distance 363 m
West Heights Elementary School	Public	Grades Served K-6	Catchment Info —	2.6 / 10	Distance 513 m
Christine Morrison Elementary School	Public	Grades Served K-6	Catchment Info —	3.8 / 10	Distance 874 m
Valley Christian Online School	Independent	Grades Served —	Catchment Info —	7.1 / 10	Distance 1.34 KM
Cherry Hill Elementary School	Public	Grades Served K-6	Catchment Info —	3.1 / 10	Distance 1.51 KM
Mission Senior Secondary	Public	Grades Served —	Catchment Info —	5.6 / 10	Distance 1.63 KM
Albert McMahon Elementary	Public	Grades Served —	Catchment Info —	3.9 / 10	Distance 1.76 KM
Mission Central Elementary School	Public	Grades Served K-6	Catchment Info —	4.9 / 10	Distance 1.90 KM
Windebank Elementary School	Public	Grades Served K-6	Catchment Info —	2.5 / 10	Distance 2.70 KM
des Deux-Rives	Public	Grades Served —	Catchment Info —	5.1 / 10	Distance 2.84 KM
Edwin S Richards Elementary School	Public	Grades Served K-6	Catchment Info —	5.9 / 10	Distance 2.91 KM
Ecole Heritage Park Middle School	Public	Grades Served —	Catchment Info —	4.8 / 10	Distance 2.92 KM

Walkability & Transit Near 33 7525 Martin Place

Somewhat Walkable 55

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 38

Transit Score - Some Transit

A few nearby public transportation options

Somewhat Bikeable 38

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Costs & calculators

Monthly cost about $2,201/month · rent estimate $1,659/month · owning catches up with renting by year 12 · cash flow if rented −$671/month

Mortgage Cash flow Rent estimate Rent vs own

Mortgage Calculator for 33 7525 Martin Place

$2,201 /month

Principal & Interest $1,592

Property Taxes $149

Maintenance fee $460

The estimated monthly cost of 33 7525 Martin Place, Mission is $2,201: $1,592 principal and interest with 20% down over 30 years at 4.45%, plus $149 property tax and $460 strata fee.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

−$671 /month

Mortgage Payment $1,592

Monthly Cash Flow −$671

Break Even Down Payment 54%

Cap Rate -2.0%

Cash on Cash -10.2%

If 33 7525 Martin Place, Mission were rented at $1,659 a month with 5% vacancy, it would fall $671 a month short of the mortgage and carrying costs; about 54% down would break even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 33 7525 Martin Place, Mission

$1,659 / month

Rent $1,659

Own $2,201

Principal: $512/mo Interest, tax, insurance, fees: $1,689/mo

Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$429/mo (year 1) → ~$997/mo (year 20) → ~$1,487/mo (year 29).

Net cost to own at year 5 ~$1,689/mo About $30/mo more than renting

EstateBlock estimates 33 7525 Martin Place, Mission would rent for about $1,659 a month.

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.

Rent vs own: 33 7525 Martin Place

Rent vs own

Owning catches up by year 12

With 20% down ($79,000) at 4.45%: renting is cheaper at first, but principal paydown closes the gap

Principal paid off by year 5 $28,160

Principal paid off by year 10 $63,322

Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.

Renting 33 7525 Martin Place, Mission is cheaper at first, but owning catches up by year 12, with $28,160 of principal paid off by year 5 and $63,322 by year 10.