38531 OLD YALE ROAD, Abbotsford
$1,495,000
This 90,169.2 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.
2.07 Acre property in sought-after Arnold community. The parcel features a sprawling 1981sq/ft rancher & impressive 1,330 sq/ft barn/workshop. The property is quiet, peaceful, private yet minutes to Costco & Hwy 1. The shop features power, skylights, concrete flooring, a stall, 14’ overhead door, and soaring 15’4 ceilings. Inside the rancher updated bright kitchen opens to a bay-window dining area with breathtaking mountain views. The primary suite boasts a walk-in closet and 4-piece ensuite. Spacious living and family rooms share a double-sided fireplace and lead to a huge partially covered 20’ x 26’ deck for year-round enjoyment. Bring your trucks & toys! Do not enter without appointment.
How this price compares
This lot asks $17 per square foot of lot. That is 85% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 25 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
- $1,495,000
- Lot size
- 90,169.2 sqft
- Lot dimensions
- 141.17 x 526
- Frontage
- 141.17 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1971
- MLS® area
- Sumas Prairie
- MLS® number
- R3125998
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Listing data via MLS®. Displayed for information only.