32615 BEVAN AVENUE, Abbotsford
$1,198,888
This 7,500 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 opportunity in the highly desirable Mill Lake area of Abbotsford! Situated on a flat 7,500 sqft lot, this property falls under SSMUH2 & Urban 3 infill zoning, offering great future potential for investors/builders. Renovated spacious home features 2,646 sqft + garage, decks, & additional storage. Upper floor offers multiple living areas, 3 generous bedrooms & 1.5 bathrooms, perfect for family living. Lower level includes a large self-contained suite, ideal for mortgage helper. Exceptional walkable location close to all levels of schools, shopping malls, MSA basketball/tennis courts, Gurdwara, churches, Hospital (ARH), & new Rec Centre (coming soon). Conveniently located between Clearbrook and McCallum Hwy 1 exits. A rare combination of location, livability, and long-term potential!
How this price compares
This lot asks $160 per square foot of lot. That is 48% above the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 148 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
- $1,198,888
- Lot size
- 7,500 sqft
- Lot dimensions
- 70 x
- Frontage
- 70 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1971
- MLS® area
- Abbotsford West
- MLS® number
- R3080353
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.