39623 OLD YALE ROAD, Abbotsford
$2,795,000
This 102,366 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.
Formerly a BC Electric train power station, this extraordinary concrete, steel and brick estate has been transformed into one of the Fraser Valley’s finest residences. Spanning 11,465 sq ft across four levels, the main living area features a gourmet kitchen, acid-stained floors, exposed brick, floor-to-ceiling windows, elevator, central vacuum, climate-controlled wine cellar, 1,600 sf theatre room, and 8-camera security. Four balconies offer mountain views overlooking a year-round stream and 30-acre greenbelt. Three suites generate ~$7,000/month. 2.35 acres | Ample inside and outside parking. Possible financing available.
How this price compares
This lot asks $27 per square foot of lot. That is 75% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 33 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
- $2,795,000
- Lot size
- 102,366 sqft
- Lot dimensions
- 400 x 256
- Frontage
- 400 ft
- Bedrooms
- 10
- Bathrooms
- 9
- Year built
- 1906
- MLS® area
- Sumas Prairie
- MLS® number
- R3096838
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Listing data via MLS®. Displayed for information only.