Exceptional development opportunity in the heart of Abbotsford! This well-maintained property is zoned TH1, offering outstanding redevelopment potential for builders, investors, and developers. The home is currently tenant-occupied, providing immediate rental income while you plan your next project. Situated on a desirable lot in a growing neighbourhood, this property is conveniently located close to schools, Seven oak Mall, Mill Lake park, transit, and major commuter routes. Whether you're looking to hold as an investment, generate rental income, or explore future development opportunities, this is a rare chance to secure a prime TH1-zoned property in a sought-after location. Buyers should verify all development potential and zoning details with the City of Abbotsford.
Property details
4
Beds
2 full + 1 half
Baths
2,442 ft²
Floor area
8,395 ft²
Lot size
1970
Year built
2
Storeys
5
Parking
$5,109/yr
Gross tax
Location & structure
Single Family Residence
Type
Full
Basement
Yes
Garage
Yes
Carport
1
Fireplace
Abbotsford
Area
Abbotsford West
Sub-area
Rancher/Bungalow w/Bsmt.
Style
Style
Rancher/Bungalow w/Bsmt.
Basement
Full
Structure
Residential Detached
Property highlights
Balcony
Features & inclusions
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating
Natural Gas
Parking
Additional Parking, Carport Single
Additional details
Main floor (ground)
1,242 ft²
Tax year
2025
Listed by Century 21 Coastal Realty Ltd.. Data from BCRES. Last updated Jul 7, 2026, 1:28 PM.
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.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $227,800 down (20%) on $1,139,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 1,001 listings
Condo / Apartment
466
46.6%
Detached
266
26.6%
Townhouse
192
19.2%
Land
38
3.8%
Mobile home
16
1.6%
Other
23
2.3%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
