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32698 PANDORA AVENUE, Abbotsford

$1,025,000

This 11,500 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.

Looking for a smart long-term play? This spacious home features a 4-bed/2-bath main floor plus a 2-bed legal suite to help with the mortgage. Recent updates include all-new windows and a lockable storage shed. The massive 1/4 acre flat lot is perfect for families now and gold for developers later. With the city’s new Townhouse 1 zoning already in place, your exit strategy is built-in. Located steps from the Hospital and Cancer Centre—a high-demand rental area.

How this price compares

This lot asks $89 per square foot of lot. That is 18% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 61 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
$1,025,000
Lot size
11,500 sqft
Lot dimensions
70 x 165
Frontage
70 ft
Bedrooms
6
Bathrooms
3
Year built
1974
MLS® area
Abbotsford West
MLS® number
R2930389

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Listing data via MLS®. Displayed for information only.