2481 LEFEUVRE ROAD, Abbotsford
$11,000,000
This 833,302.8 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.
Incredible opportunity for a great holding property, while you wait for residential development to knock on your door. This 19.13 acres is situated in West Abbotsford, with residential subdivision bordering this property. Currently operating as a commercial poultry operation (quota not included). This property features a nicely updated farm house and many outbuildings that could possibly produce lots of rental income while you wait for future development to arrive. Check out the photos.
How this price compares
This lot asks $13 per square foot of lot. That is 88% below the median of $108 across the 136 active lots VanPlex is showing in Abbotsford, and puts it 14 of 136 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
- $11,000,000
- Lot size
- 833,302.8 sqft
- Lot dimensions
- 1477 x (19.13AC)
- Frontage
- 1477 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1962
- MLS® area
- Abbotsford West
- MLS® number
- R3166815
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Listing data via MLS®. Displayed for information only.