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3083 DORSET PLACE, Abbotsford

$1,014,813

This 8,636.71 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.

Exceptional 1.53-acre land assembly opportunity in one of Abbotsford’s most desirable growth corridors. LOCATED ON 2 ROAD FRONTAGES. Combined site area totals 66,782 sq. ft. with city staff support for an OCP amendment from Urban 2 Ground Oriented to Urban 1 Midrise, allowing potential for a 6-storey residential development. At 2.5 FSR, the site offers approximately 166,955 buildable sq. ft. Offered at approximately $47/buildable sq. ft., presenting exceptional value for developers and investors. Prime location near schools, shopping, parks, transit and quick highway access. Rare opportunity to secure a strategic development site in Abbotsford.

How this price compares

This lot asks $117 per square foot of lot. That is 9% above the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 97 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
$1,014,813
Lot size
8,636.71 sqft
Lot dimensions
65 x
Frontage
65 ft
Bedrooms
3
Bathrooms
2
Year built
1970
MLS® area
Abbotsford East
MLS® number
R3120038

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Listing data via MLS®. Displayed for information only.