407 2493 Montrose Ave, Abbotsford BC - Apartment/Condo for Sale - MLS# R3123971

$291,900
Est. Mortgage $1,291/mo
Upper Montrose
1 Beds
1 Baths
426 sqft
685 $ /sqft
182.26 $ Maint. fee
2020 built
$291,900
$299,000
Est. $1,291/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 407 2493 Montrose Avenue

CASH FLOW READY! Upper Montrose in Historic Downtown Abbotsford presents a sleek, turnkey investment opportunity. This modern top-floor, east-facing unit features a built-in Murphy bed, maximizing versatility for the working professional & commanding premium rental appeal. Enjoy an open-concept living space finished w/ vinyl plank flooring, quartz countertops, contemporary cabinetry, premium gas range, in-suite laundry, and split A/C. Low strata fees include hot water and gas, keeping costs lean & returns strong. Steps to shops, cafes, dining, & the farmers market. Just Minutes to Hwy 1, UFV, & Abbotsford Hospital. Incls secured parking & storage locker. Rentals & pets (ANY SIZE) allowed w/rest. Live in it. Lease it. Either way, it's proven to perform!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Elevator
Fireplace 0
Heating Type Baseboard, Electric
Cooling Central Air
Laundry In Unit
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Asphalt
Structures Multi Family, Residential Attached

Building Details

Price $291,900
Total Bedrooms 1
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 426
Year Built 2020
Age Of Building 6
Building Type Apartment/Condo
Property Type Residential
Stories 1
Building Amenities Bike Room, Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Building Name Upper Montrose
Ownership Type Freehold Strata
Maintenance Fee $182.26
Community Features Shopping Nearby
Amenities Nearby Bike Room, Trash, Maintenance Grounds, Management, Sewer, Snow Removal
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Under Building, Guest, Rear Access
Total Parking Spaces 1
Strata Restrictions Pets Allowed w/Rest.
Pet Restrictions Cats OK, Dogs OK, Number Limit (Two), Yes With Restrictions
Rental Restrictions 100
Units In Development 102

Lot & Land

MLS® # R3123971
Area Abbotsford
Neighbourhood Central Abbotsford
City Abbotsford
Postal Code V2S 3T2
Gross Taxes $1,373
Zoning C7

Property Timeline

Status Date Price
R3123971 / Active 05-14-2026 $291,900
Rooms
Floor Type Dimensions
Main Level Foyer 5' x 5' ft
Main Level Kitchen 7'3 x 7'3 ft
Main Level Living Room 9'11 x 9'11 ft
Main Level Bedroom 9'5 x 9'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4

Listed by: Royal LePage Little Oak Realty & Royal LePage Little Oak Realty

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.

Map & Neighbourhood

Public Schools

Elementary
Alexander Elementary School
0.56 km
Secondary
Abbotsford Senior Secondary School
0.83 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
0.53 km
Elementary, Secondary
Dogwood School
0.53 km

Closest Transit

Bus Stop
Downtown Exchange Bay B
0.1 km
Skytrain
West Coast Express @ Mission City Station
9.65 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
13.9%
No Certificate/Degree
Above Average
19.3%
Owner Occupied
Above Average
75.9%
Employment Rate
Below Average
49.4%

Noise/ Power Lines

Road/Hwy Noise
Possible
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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 407 2493 Montrose Avenue

Mortgage Calculator for 407 2493 Montrose Avenue

/month
Principal & Interest
Property Taxes $114
Maintenance fee 182.26
A 20% down payment of $58,380 on this $291,900 listing yields an estimated mortgage of $1,115/month (30-year fixed, 4%). Total estimated housing cost: $1,411/month, $114 property tax, $182 maintenance fee.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing has an estimated rental yield of $1,730/month, resulting in a +$264/month cashflow after mortgage and carrying costs — a strong investor profile.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Central Abbotsford, Abbotsford

Beds Home Types Square Feet Lot Size Year Built
This Home $291,900
Abbotsford Loading...
Central Abbotsford Loading...

Based on 5 comparable active apartments/condos in Central Abbotsford, the average asking price is $310,350. This listing is priced 5.9% below the neighbourhood 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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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