$11,500,000

32383 DOWNES ROAD

Abbotsford BC V2T 1X3 - Matsqui
5 bd
2 ba
2,688 sqft

About This Property

23.65 acres on Downes Rd and within the urban boundary of Abbotsford. Out of the ALR. A very unique property that deserves a keen vision for the future. Currently zoned CR Country Residential but in the OCP Land use as SSMUH-4 which allows up to 4 units per lot. The City of Abbotsford may look at higher density and or school/assembly use. The land is…

Property Details

MLS NumberR3089087
Property TypeSingle Family Residence
Bedrooms5
Bathrooms2
Square Feet2,688
Lot Size1,030,194 sqft
Days on Market196
StatusActive
Listed BySutton Group-West Coast Realty (Abbotsford)

School Catchment

Elementary Clearbrook Elementary
Middle Colleen and Gordie Howe Middle
Secondary W.J. Mouat Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$112,000Median household income
77.8%Owner-occupied
70.4%Single-detached homes
3.2Avg household size
39.2Median age
17.4%Bachelor's degree or higher (25-64)
67.8%Commute under 30 min
92.7%Drive to work
22.3%Foreign-born residents
3,518Neighbourhood population

Age

Under 15: 19%15 to 64: 62.4%65 and over: 18.6%
  • Under 1519%
  • 15 to 6462.4%
  • 65 and over18.6%

Household size

  • 1 person17.2%
  • 234%
  • 313.5%
  • 412.1%
  • 5 or more23.3%

Language spoken at home

71.1% English mother tongue

  • Punjabi17.1%
  • English + other3.6%
  • German2.1%
  • Dutch1.4%
  • French0.6%
  • Spanish0.4%
  • All others3.7%

Mother tongue, share of 3,515 residents.

How this pocket differs

  • fewer people living alone than Abbotsford 17.1% vs 24.7%
  • more 5+ person households than Abbotsford 23.1% vs 16.5%
  • fewer Punjabi speakers than Abbotsford 17.1% vs 22.6%
  • Median household income is higher than Abbotsford-Mission $112,000 vs $91,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Thinking of selling in Matsqui?

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Estimated monthly cost $52,850
Mortgage payment$52,258
Property tax$92
Home insurance$500
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An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Aug 26

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