34201 GLADYS AVENUE, Abbotsford
$3,620,000
This 43,996 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.
Positioned in one of Abbotsford’s most strategic and evolving neighbourhoods, presents a opportunity to secure a centrally located property with strong long term upside. The property sits within close proximity to major commuter routes, schools, shopping, parks, and key amenities, making the location highly attractive for future residential. The surrounding area is experiencing ongoing growth and redevelopment. This property offers excellent redevelopment possibilities, including potential multifamily or condominium use. This is an ideal opportunity for builders, developers, and investors. Buyers are encouraged to conduct their own due diligence with the City of Abbotsford regarding development potential. This property must be sold in conjunction with 34183 - Gladys Av, see MLS# R3093217.
How this price compares
This lot asks $82 per square foot of lot. That is 24% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 57 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
- $3,620,000
- Lot size
- 43,996 sqft
- Lot dimensions
- 136 x Irregular
- Frontage
- 136 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1957
- MLS® area
- Central Abbotsford
- MLS® number
- R3093207
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Listing data via MLS®. Displayed for information only.