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2475 MT. LEHMAN ROAD, Abbotsford

$2,399,900

This 686,070 sqft property in Abbotsford is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.

15.75 ACRES NEAR INDUSTRIAL ON MT LEHMAN! Features a 2,017 SQFT Home with 6 Beds & 2 Baths, ideal for rental income while planning your Estate Home build with Mt Baker views. New Culvert installed and over 10 Acres Fully Cleared for Planting. A great holding opportunity in the rapidly expanding Mt Lehman corridor, surrounded by ongoing development and offering upside potential from the proposed Simpson Road Extension along the south boundary. Located within the ALR, zoned for Agricultural use, and Not in the Floodplains. This high exposure property is just minutes to Abbotsford Airport, Highstreet Mall & Highway 1. Showings by Appointment Only.

How this price compares

This lot asks $3 per square foot of lot. That is 97% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 7 of 159 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$2,399,900
Lot size
686,070 sqft
Lot dimensions
522.12 x 2448.05
Frontage
522.12 ft
Bedrooms
6
Bathrooms
2
Year built
1920
MLS® area
Abbotsford West
MLS® number
R3115563

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Listing data via MLS®. Displayed for information only.