34355 OLD YALE ROAD, Abbotsford
$849,900
This 8,040 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.
DEVELOPMENT POTENTIAL & STUNNING MOUNT BAKER VIEWS! This property offers an excellent opportunity for investors, developers & land assembly. Zoned for townhouse development & ideally positioned to be assembled with the three neighboring properties. While the existing home requires work, the true value lies in the land, zoning & future development potential. Enjoy beautiful, clear & unobstructed views of Mount Baker—a standout feature that sets this property apart. An excellent holding property or addition to a larger development assembly. Vendor will consider a rent-back arrangement.
How this price compares
This lot asks $106 per square foot of lot. That is 2% below the median of $108 across the 136 active lots VanPlex is showing in Abbotsford, and puts it 65 of 136 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
- $849,900
- Lot size
- 8,040 sqft
- Lot dimensions
- 66.25 x
- Frontage
- 66.25 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1971
- MLS® area
- Abbotsford East
- MLS® number
- R3162281
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Listing data via MLS®. Displayed for information only.