2224 Lumar Pl, Abbotsford, BC, MLS® R3058077

$1,199,000
Est. Mortgage /mo

$1,199,000
Est. Mortgage /mo
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
5 Beds
3 Baths
2 Stories
lot 9390 sqft
2434 sqft
1974 built
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Map
Street view
Schools
Crime
Commute
Shop & Eat

2224 Lumar Pl, Abbotsford, BC | MLS® R3058077 Property Details

HUGE 9390 Sqft Lot! Investors Alert! Build your new home on this massive private lot or just move into this nice solid home located in a huge cul-de-sac in central Abbotsford with a 2 bedroom legal suite as your mortgage helper. Close to all amenities: schools, shopping, public transit, HWY 1, USA Border and Costco. Updates done 5 years ago include flooring, kitchen, bathrooms and paints. Newer furnace and hot water tank. Private yard is perfect for kids, family and friends. Set up your private viewing today.

General Info

Price $1,199,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 2434
Lot Size 9390
Lot Size Depth Feet
Lot Size Frontage 45
Basement Full, Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1974
Age Of Building 51
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3058077
Area Abbotsford
Neighbourhood Central Abbotsford
City Abbotsford
Gross Taxes $5,332.02
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 2
Heating Type Forced Air, Natural Gas
Cooling Central Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Single, Open, Front Access, Garage Door Opener
Total Parking Spaces 5

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Strata Restrictions -
Rental Restrictions -
Zoning RS3
Rental Suites Legal Suite
Laundry Common Area
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter
Interior Features Central Vacuum
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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Listed by: eXp Realty of Canada, Inc.

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 Info

Public Schools

Middle
William A. Fraser Middle School
0.83 km
Secondary
Yale Secondary School
0.89 km
Elementary
Margaret Stenersen Elementary School
Average
1.74 km
5.8/10

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

Private Schools

Elementary, Secondary
Dogwood School
1.34 km
Elementary, Secondary
Dogwood School
1.34 km

Closest Transit

Abbotsford
Gladys at Lumar (WB)
0.13 km
Skytrain
West Coast Express @ Mission City Station
10.41 km

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

Welcome to 2224 Lumar Place, a charming neighborhood in Abbotsford, BC, where you'll find a perfect blend of comfort, convenience, and community spirit. As a seasoned realtor, I'm excited to share with you the unique features of this area, from its excellent schools to its vibrant lifestyle amenities.

Let's start with the education system. This home is serviced by Yale Secondary School, a reputable institution with a rating of No Rating, located just 0.89 km away. Yale Secondary School is a popular choice among families, offering a well-rounded education that prepares students for success. Just down the road, you'll find Dogwood School, an excellent elementary school with a rating of No Rating, situated 1.34 km from this home. Dogwood School is known for its strong academic programs and dedicated teachers who create a nurturing environment for young minds to flourish.

Now, let's talk about safety. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has a Below Average crime rate of 5,513.02 incidents per 100,000 population, making it a safe and secure community for residents. The overall crime rate has decreased by 14.54% year over year, indicating a continued commitment to maintaining a peaceful environment.

Regarding crime types, the area adjacent to 2224 Lumar Place has a Low drug crime rate, with a rating of 91.52 and 148 incidents in 2020. The year-over-year change in the illegal substances offenses ranking is 23.98%, reflecting a positive trend in maintaining a safe community. Property crimes in the neighborhood are Average, with a rating of 3,290.50 and 5,321 incidents in 2020. The property misconduct rate has decreased by 24.59% year over year, indicating a continued focus on maintaining a secure environment.

Transit-wise, the closest Bus station is Gladys at Lumar (WB), just 0.13 km away from this listing with MLS® R3058077. You'll have easy access to public transportation, making it convenient to commute to work, school, or explore the surrounding area.

Now, let's dive into the demographics of this neighborhood. According to the latest census data, 18.3% of the population holds a university certificate or degree, which is Average compared to other BC neighborhoods. However, 14.4% of the population has no certificate or degree, which is Below Average compared to the average in BC. This suggests that the area is home to a mix of educated professionals and families.

In terms of household income, the median household income near 2224 Lumar Place is $90,304, which is Above Average compared to the British Columbia average. The median personal income is $37,406, also Above Average in comparison to the BC average. A significant portion of households in this area, 70.9%, have a mortgage, indicating a strong presence of homeowners.

The unemployment rate in this area is 4.4%, which is Low compared to other province neighborhoods. The population change between 2011 and 2016 was 7.7%, Above Average in comparison to average growth rate of this region. The population density per square kilometre in this community is 2,283.4, Above Average in terms of people per sq.km.

Family dynamics are also an important aspect of this neighborhood. The average size of families in this area is 3.1, Above Average in comparison to the whole region. A significant percentage of families, 64.1%, have children, and 63.1% are married or living common law, both of which are Above Average.

The average age of the population close to 2224 Lumar Place is 36.9, which is Low in comparison to other BC cities. This suggests that the area is home to a young and vibrant population.

In terms of real estate, the average value of dwellings in this neighborhood is $539,140, Above Average compared to other areas in British Columbia. The average owner payments are also Above Average in this area, with owners spending an average of $1,510 per month. Tenants, on the other hand, are paying an average of $996 per month, which is Average in comparison to other cities.

Only 13.9% of the population in this district are renters, which is Below Average compared to other BC cities and areas. The majority of residents, 94.1%, speak only English, which is Above Average. A small percentage, 1.1%, speak neither English nor French, which is Average in comparison to other BC cities.

Finally, let's talk about transportation. Only 1.6% of the population in this area use public transportation, which is Low. However, 94.8% use cars, which is High. A small percentage, 0.4%,

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $1,199,000
Abbotsford $1,048,514
Central Abbotsford $1,010,633
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

No comparables

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

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