Mission Houses with Basement for Sale
Mission is one of the Fraser Valley cities where finished basements are the norm rather than the exception — most detached homes include a lower level with full ceiling height and, in many cases, a separate entrance that makes suite conversion straightforward and cost-effective. There are currently 358 houses with basement for sale in Mission. Prices range from $250,000 to $24,250,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Many Mission homes built after 1985 include walk-out basements on sloped lots with natural light and direct outdoor access — ideal for suite development. The District of Mission permits secondary suites in all single-family residential zones under a clear registration process. A 1-bedroom basement suite in Mission typically rents for $1,100–$1,500/month; a 2-bedroom suite commands $1,500–$1,800/month — a meaningful mortgage offset in one of the Fraser Valley's most affordable markets.
The houses market in Mission is currently a Buyer's Market with a 5.3% sales ratio — 19 homes sold against 358 active listings in the past 30 days. The median asking price is $1,149,450 ($605/sqft). Properties are selling slowly, averaging 48 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $600K Most Active | 11 | 2 | 18% | |
| $600K–$800K | 53 | 0 | 0% | |
| $800K–$1M | 80 | 11 | 14% | |
| $1M–$1.25M | 76 | 4 | 5% | |
| $1.25M–$1.5M | 45 | 1 | 2% | |
| $1.5M–$1.75M | 29 | 1 | 3% | |
| $1.75M–$2M | 16 | 0 | 0% | |
| $2M–$2.5M | 18 | 0 | 0% | |
| $2.5M–$3M | 14 | 0 | 0% | |
| Over $3M | 16 | 0 | 0% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Mission
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Mission BC | 209 | 16 | 8% |
| Mission-West | 40 | 0 | 0% |
| Hatzic | 31 | 0 | 0% |
| Lake Errock | 17 | 1 | 6% |
| Dewdney Deroche | 15 | 1 | 7% |
| Durieu | 15 | 1 | 7% |
| Stave Falls | 14 | 0 | 0% |
| Hemlock | 9 | 0 | 0% |
| Steelhead | 8 | 0 | 0% |
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