- Active
31992 SOUTH FRASER Way
Abbotsford · Vacant Land
- Lot size
- 10,469 ft²
Listed by Royal LePage Little Oak Realty · MLS® C8078037
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Sign inAbout this home
LOOK at this excellent Commercially Zoned Land Parcel, which has a major corner exposure fronting on both South Fraser Way and Clearbrook Road, which is one of the busiest traffic intersections found in the City of Abbotsford today. Current Zoning is a City Center Commercial Zone (C5) . . . which allows Retail and Office use. Official Community Plan (OCP) designates the property, as Urban Centre....... which allows Commercial, Multifamily and many other uses. Zoning allows up to 2.75* FSR and OCP allows up to 2.0* FSR. Please refer to the Zoning Bylaws and the OCP for complete understanding of what can be built here. Call us today for a Package on this exciting Land Parcel!!! DON'T FORGET TO WAtcH THE VIDEO BY CLICKING ON THE VIRTUAL TOUR LINK AT THE BOTTOM RIGHT CORNER OF THE LISTING!!!
Home facts
- Lot size
- 10,469 sq ft
- Property type
- Vacant Land
- Listed
- April 20, 2026
Rooms and building
- Water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $10,427
- Property tax
- $642/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $11,219
Purchase snapshot
- List price
- $2,200,000
- Down payment
- $440,000 (20%)
- Estimated mortgage
- $1,760,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $9,946
- At 4.5207 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,200 a month
- Gross yield
- 0.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Abbotsford-Mission
Ten year average, 2016–2025.
- Average temperature
- 10.9°C
- Daily mean across the year.
- Yearly precipitation
- 1,452 mm
- A wetter corner of the province.
- Yearly snowfall
- 54 cm
- Expect real winters.
- Bright sunshine
- 1,887 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Moderate risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 41%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
