19.07% cheaper than comparables
NEW
2419 Cres Way, Abbotsford, BC
$1,350,000
Est. Mortgage /mo
MLS# R3077946
0
sqft
Property Details & Specs
London Pacific is pleased to present the opportunity to acquire a freehold, non-strata 8-unit row home development site in the heart of Abbotsford. This project is approved with completed plans an issued building permit. The site backs onto greenbelt and offers convenient access to shopping, transit, schools, and the University of the Fraser Valley. With its strong location, full approvals, and shortened development timeline, this offering represents an excellent opportunity to deliver a desirable residential product and achieve strong end values upon completion.
Property Timeline
Listed by: London Pacific & London Pacific
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Neighborhood & Transit Info
Public Schools
- Secondary
- Abbotsford Senior Secondary School
- 0.34 km
- Elementary
- Godson Elementary School
- Average
- 0.85 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary, Secondary
- Dogwood School
- 1.01 km
- Elementary, Secondary
- Dogwood School
- 1.01 km
Closest Transit
- Bus Stop
- Bevan at Cannon (NB)
- 0.2 km
- Skytrain
- West Coast Express @ Mission City Station
- 9.76 km
Crime Rate
- Total Crime Rate
- Below Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Average
Demographics
- Post-Secondary Education
- Below Average
- 12.2%
- No Certificate/Degree
- Above Average
- 23.6%
- Owner Occupied
- Below Average
- 55.7%
- Employment Rate
- Below Average
- 46.7%
Noise/ Power Lines
- Road/Hwy Noise
- Unlikely
- Railway/Sky train Noise
- Unlikely
- Airport/Port Noise
- Unlikely
- Close to major Power Lines
- Unlikely
Other
- Agricultural Land Reserve (ALR)
- Unlikely
- Flood Area
- Unlikely
- Close to Cemeteries
- Unlikely
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$859
Maintenance fee
0
Financing 80% of the $1,350,000 asking price over 30 years at 4% results in approximately $6,015/month in total estimated carrying costs, $859 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $4,212/month in rental income, leaving a -$1,975/month cashflow at current carrying costs. Investors targeting break-even would need roughly 51% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,350,000
Abbotsford
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Central Abbotsford
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5 comparable Lands are currently active in Central Abbotsford, with a median asking price of $941,000. This property is listed 43.5% above the local average and 28.5% above the Abbotsford average.
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Listing Price Comparision
This house
$1,400,000
Surrey
Fleetwood Tynehead
$1,399,000
-6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Property FAQs
What are the closest top-rated schools to 2419 Crescent Way, Abbotsford, BC?
The closest top-rated schools are Abbotsford Senior Secondary School and Godson Elementary School.
Is 2419 Crescent Way, Abbotsford, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2419 Crescent Way, Abbotsford, BC?
With a standard down payment, the estimated monthly mortgage is approximately $8,100.
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600-777 Hornby Street, Vancouver, BC V6Z 1S4. Call 778-918-5990.
