2034 MAJESTIC CRESCENT, Abbotsford
$1,225,000
This 29,185 sqft property in Abbotsford is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Fantastic opportunity in central Abbotsford! Situated on an impressive 29,185 sq. ft. lot, this 4-bedroom, 2-bathroom home offers incredible potential for families, investors, and builders alike. The home could potentially be configured as a 5-bedroom residence and renovated to suit your needs. TH1 zoning makes this an excellent investment holding property with potential for future redevelopment. Hold, renovate, or explore the possibilities of this exceptionally large property in a central location. Buyer to verify redevelopment potential, permitted uses, and requirements with the City of Abbotsford. Opportunities like this are increasingly hard to find, bring your vision!
How this price compares
This lot asks $42 per square foot of lot. That is 61% below the median of $108 across the 150 active lots VanPlex is showing in Abbotsford, and puts it 38 of 150 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $1,225,000
- Lot size
- 29,185 sqft
- Lot dimensions
- 100 x 343
- Frontage
- 100 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1972
- MLS® area
- Abbotsford West
- MLS® number
- R3158838
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Listing data via MLS®. Displayed for information only.