34595 2 AVENUE, Abbotsford
$899,000
This 8,647 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.
Attention investors! We have an exceptional investment property near the Sumas border, perfect for both business and personal use. Situated on a massive 8600+ sq ft lot with 2 road frontages, this 3 bedroom/1 bathroom rancher offers great access with ample parking. Currently zoned as C4 with city plans for conversion to C4 secondary commercial, presenting a multitude of business opportunities and a high exposure location. Adjoining property is also available for sale, the home is fully tenanted for $2000/m on a m2m basis; choose one or more to suit your business size or to enhance your investment potential with monthly cash flow. Consider building a large shop with living/office space above; the options are limitless. Book your private showing today!
How this price compares
This lot asks $104 per square foot of lot. That is 4% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 71 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
- $899,000
- Lot size
- 8,647 sqft
- Lot dimensions
- 60 x
- Frontage
- 60 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1905
- MLS® area
- Poplar
- MLS® number
- R3065803
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Listing data via MLS®. Displayed for information only.