5038 Riverside St, Abbotsford BC - Single Family Residence for Sale - MLS# R3118138

$2,699,900
Est. Mortgage $11,944/mo
4 Beds
3 Baths
2312 sqft
1168 $ /sqft
1972 built
$2,699,900
Est. $11,944/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 5038 Riverside Street

2 Homes & Shop on 20 Acres – Income Potential! This versatile 20-acre property features a fully renovated 2,300+ sq ft main home with 4 bedrooms, along with a separate 3-bedroom cottage—ideal for extended family or rental income. A large 60' x 90' shop with 300-amp power, four storage containers, and an additional office building offers excellent space for business use, storage, or hobbies. City water connected. Set on 20 acres backing onto Mission Highway, the property provides privacy with newly built decks and fenced areas, while still being conveniently close to town, Gladwin Road, and local amenities. Suitable for development or truck parking. Survey report available. Possible to build new home upto 5200 sqft. Buyers to verify with city. Generating $8K rental income.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Interior Features Guest Suite, Storage
Fireplace 2
Heating Type Electric, Forced Air
Cooling Central Air
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

View Description Mt. Baker
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,699,900
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2312
Year Built 1972
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Community, Well Drilled
Parking Type Carport Multiple
Total Parking Spaces 10
Rental Suites None

Lot & Land

Lot Size 19.69
Lot Size Depth Feet
Lot Size Frontage 667
MLS® # R3118138
Area Abbotsford
Neighbourhood Matsqui
City Abbotsford
Postal Code V4X 1W9
Gross Taxes $14,008.94
Zoning A1

Property Timeline

Status Date Price
R3118138 / Active 05-01-2026 $2,699,900
Rooms
Floor Type Dimensions
Main Level Living Room 27'0 x 27'0 ft
Main Level Dining Room 10'0 x 10'0 ft
Main Level Kitchen 13'0 x 13'0 ft
Main Level Family Room 24'0 x 24'0 ft
Main Level Primary Bedroom 16'0 x 16'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Other 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4
Main Level No #4

Listed by: Century 21 Coastal Realty Ltd.

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
Matsqui Elementary School
1.38 km
Middle
Clayburn Middle School
4.01 km
Secondary
Robert Bateman Secondary School
3.97 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Dasmesh Punjabi School
1.86 km
Elementary, Secondary
Dasmesh Punjabi School
1.86 km

Closest Transit

Bus Stop
Highway 11 at Harris (SB)
1.14 km
Skytrain
West Coast Express @ Mission City Station
4.52 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
17.3%
No Certificate/Degree
Above Average
21.1%
Owner Occupied
Below Average
45.9%
Employment Rate
Average
58.5%

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
Possible
Close to Cemeteries
Unlikely

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 5038 Riverside Street

Mortgage Calculator for 5038 Riverside Street

/month
Principal & Interest
Property Taxes $1,167
Maintenance fee 0
Financing 80% of the $2,699,900 asking price over 30 years at 4% results in approximately $11,479/month in total estimated carrying costs, $1,167 property tax.
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 generates an estimated $6,738/month in rental income, leaving a -$4,965/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Matsqui, Abbotsford

Beds Home Types Square Feet Lot Size Year Built
This Home $2,699,900
Abbotsford Loading...
Matsqui Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Abbotsford, similar Single Family Residences average $1,130,052 across 52 active listings — this listing is 138.9% 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 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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