32637 WILLINGDON CRESCENT, Abbotsford
$980,000
This 7,350 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 development opportunity in the heart of Abbotsford! This property is zoned Townhouse One (TH1), allowing for up to 4 dwellings and offering tremendous future potential. Possible options may include a single-family home with a secondary suite and garden suite, a 3-plex with a garden suite, or a 4-plex. Buyers should conduct their own due diligence with the City of Abbotsford to verify development possibilities. This property also presents a great fixer-upper or entry-level opportunity for First-Time Buyers looking to build equity while securing future development potential. Ideally situated in a sought-after central location within walking distance to Sevenoaks Shopping Centre, West Oaks Mall, Mill Lake Park, Centennial Elementary, transit, restaurants, and other amenities.
How this price compares
This lot asks $133 per square foot of lot. That is 23% above the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 125 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
- $980,000
- Lot size
- 7,350 sqft
- Lot dimensions
- 70 x
- Frontage
- 70 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1973
- MLS® area
- Abbotsford West
- MLS® number
- R3135363
Want the PlexScore and return on equity for this lot? Get PlexPro.
Listing data via MLS®. Displayed for information only.