2889 ROYAL STREET, Abbotsford
$1,299,000
This 10,912 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.
Great investment opportunity! Potential to subdivide Appox Lot 11000 sqft (buyer to verify with city) and build a duplex. Located in a desirable area close to schools, shopping, and transit. Walking distance to amenities with easy freeway access and Minutes to Matsqui Recreation Centre, Rotary Stadium, Mouat Secondary, ICBC, Banks and Grocery Store. Lots of potential!
How this price compares
This lot asks $119 per square foot of lot. That is 10% above the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 106 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
- $1,299,000
- Lot size
- 10,912 sqft
- Lot dimensions
- 89.23 x 121.19
- Frontage
- 89.23 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1967
- MLS® area
- Abbotsford West
- MLS® number
- R3108987
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Listing data via MLS®. Displayed for information only.