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About this home

Set on a private 0.8-acre lot, this property offers a great opportunity for those ready to add value through updates and care-or for someone looking to build their dream home. The existing homes require TLC but provide a functional starting point for renovation. A detached shop adds excellent space for storage, hobbies, or workspace needs. Enjoy a peaceful rural setting with convenient access to nearby amenities and major routes. Plenty of room for outdoor living, gardening, or future plans. A versatile property with plenty of potential to make it your own.

Property details

Beds

1 full

Baths

984 ft²

Floor area

1952

Year built

Parking

$4,371/yr

Gross tax

Location & structure

Single Family

Type

None

Basement

Yes

Garage

Fireplace

Ranch

Style

Listed

March 23, 2026

Style

Ranch

Basement

None

Structure

House

Property highlights

Mountain view

Building amenities

In-suite laundry

Features & inclusions

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Storage Shed

Heating

Baseboard heaters

Parking

Detached Garage, Open

Additional details

Common interest

Freehold

Tax year

2025

Listed by Nationwide Realty Corp.. Last updated Jun 23, 2026, 1:00 PM.

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.

Mortgage estimate

Tax from listing

Est. monthly total

$4,215

/mo

Rate

Amortization

Principal and interest

$3,700

Property tax

$364

P&I

Tax

Down payment

$160,000 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $160,000 down (20%) on $799,999, 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.

Inventory mix

What this area trades in

Within 5 km of this listing · 161 listings

Detached	104	64.6%
Townhouse	40	24.8%
Land	15	9.3%
Condo / Apartment	2	1.2%

Source: active, display-eligible listings within 5 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Abbotsford · 150 dwellings

Single-detached140 · 93.3%

Apartment in duplex5 · 3.3%

Movable dwelling5 · 3.3%

Source: Statistics Canada · 2021 Census of Population

Property analysisScored Jun 2

Buyer view7–10 year horizon

9.8% above nearby asking prices

$863/sqft vs area comp median $786/sqft (9.8% above, 20 comps). ⚠ Comp set is older than 60 days. Used area-level comps (sub-area had <5 matches).

On a 7 to 10 year hold, the entry price relative to nearby listings sets the floor for appreciation. This listing is 9.8% above the median asking price nearby today.

Weak value signals, score 21.9 of 100Based on 3 of 9 signals · score likely 0 to 58.3

Stale compsNo HPI coveragePrice history accruingPartial carrying costRound-number price anchor

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Market story

Rent in Abbotsford

Census 2021 avg $1,320/mo here · Vancouver 2BR rent trend below

$2,696

latest · Jan 2025

↑16.0%

CMHC · 2025 Rental Market ReportForecast: CMHC supply-shortages report · rent growth scenarios

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

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

Neighbourhood demographics

Who lives in this small neighbourhood

The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.

Statistics Canada Area #59090718· Abbotsford· Transit 5/100· 25.52 km²

Median rent here

$1,320

Owner shelter cost

$2,560

Renters

36.7%

30%+ on shelter

16.0%

Population (2021)

529

Median age

34.4

Avg household size

3.4

Avg household income

$136,000

Renters

36.7%

Owners

63.3%

Immigrants

16.1%

Post-secondary

47.3%

Avg home value

$1,120,000

Single status

28.2%

Not in labour force

21.5%

Households with kids

41.9%

Median rent

$1,320

Owner shelter cost

$2,560

30%+ on shelter

16.0%

Breakdown

$10,000 to $14,999	5	3.6%
$30,000 to $34,999	5	3.6%
$40,000 to $44,999	5	3.6%
$60,000 to $69,999	10	7.1%
$70,000 to $79,999	10	7.1%
$80,000 to $89,999	5	3.6%
$90,000 to $99,999	15	10.7%
$100,000 to $124,999	30	21.4%
$125,000 to $149,999	25	17.9%
$150,000 to $199,999	15	10.7%
$200,000 and over	15	10.7%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59090718).

37795 NORTH PARALLEL Road

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About this home

Property details

Location & structure

Additional details

9.8% above nearby asking prices

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9.8% above nearby asking prices