31960 ROYAL CRESCENT, Abbotsford
$1,089,900
This 7,146 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.
Prime Clearbrook redevelopment opportunity in one of Abbotsford's most active growth areas. This property is located in a neighbourhood that has already seen strong redevelopment momentum, making it an excellent land-value play for builders, investors or developers. Existing home provides holding income while you move forward with the next stage. Application package is ready to submit for a proposed fourplex development, offering a clear path toward future density. Central west-side location close to schools, shopping parks, transit, restaurants, and major routes. A rare chance to secure a redevelopment site in the Clearbrook area with upside and strong long-term potential. Call or email for the full information package.
How this price compares
This lot asks $153 per square foot of lot. That is 41% above the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 143 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
- $1,089,900
- Lot size
- 7,146 sqft
- Lot dimensions
- 50 x
- Frontage
- 50 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1977
- MLS® area
- Abbotsford West
- MLS® number
- R3135426
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Listing data via MLS®. Displayed for information only.