2558 LAKEVIEW CRESCENT, Abbotsford
$999,000
This 7,650 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.
Investors, Families & Developers Alert! Excellent family home on a massive 7,650 sq ft lot holding tremendous future value at 2558 Lakeview Crescent. Offers 3 bedrooms and 2 full baths upstairs, plus a 2-bedroom mortgage helper below. The site features RS3 zoning with 3.0 FSR permitting potential building heights up to 10 stories (buyer to verify development guidelines with the City). Ideally located steps from Mill Lake, vibrant local dining spots, Sevenoaks Mall, bus loop, Gurdwara Sahib, and all levels of schools. Seamless access to major commuter routes. An outstanding holding property with endless future upside!"Note: one of the Exterior photo has been digitally enhanced/virtually staged to show potential lawn condition."
How this price compares
This lot asks $131 per square foot of lot. That is 21% above the median of $108 across the 154 active lots VanPlex is showing in Abbotsford, and puts it 114 of 154 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
- $999,000
- Lot size
- 7,650 sqft
- Lot dimensions
- 64.24 x
- Frontage
- 64.24 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1967
- MLS® area
- Central Abbotsford
- MLS® number
- R3169122
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Listing data via MLS®. Displayed for information only.