2797 PRINCESS STREET, Abbotsford
$849,000
This 6,240 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.
Investor & Renovator Opportunity in Prime West Abbotsford! This rancher with basement offers outstanding potential for buyers looking to transform a property and add significant value. Featuring 5 bedrooms and 2 bathrooms, including a legal 2-bedroom suite with a separate entrance, this home provides excellent flexibility for rental income or multi-generational living. The property requires major renovations and updates throughout, making it an ideal project for investors, builders, or handy homeowners. Situated on a spacious lot with a fenced backyard, patio area, single garage, and additional driveway parking. Conveniently located close to schools, shopping, recreation, and transit. Bring your vision and unlock the full potential of this well-located property.
How this price compares
This lot asks $136 per square foot of lot. That is 26% above the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 129 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
- $849,000
- Lot size
- 6,240 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1964
- MLS® area
- Abbotsford West
- MLS® number
- R3135497
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Listing data via MLS®. Displayed for information only.