$2,980,000

2294 MCKENZIE ROAD

Abbotsford BC V2S 3Z8 - Central Abbotsford
8 bd
8 ba
3,920 sqft
Built 1954

About This Property

RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future…

Vinod Bashir
Vinod BashirPersonal Real Estate Corp

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Features

Garage Double
Front Access
Room measurements24 rooms▸
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'
Family RoomMain · 12' × 20'
KitchenMain · 12' × 20'
BedroomMain · 12' × 12'

Property Details

MLS NumberR3162704
Property TypeOther
Bedrooms8
Bathrooms8
Square Feet3,920
Lot Size25,000 sqft
Year Built1954
Parking Spaces4
HeatingNatural Gas
Days on Market61
StatusActive
Listed ByRE/MAX Magnolia

School Catchment

Elementary Alexander Elementary
Middle Abbotsford Middle
Secondary Abbotsford Senior Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$552,000Median home value
$67,000Median household income
39.3%Owner-occupied
24.2%Single-detached homes
2.2Avg household size
35.2Median age
20.9%Bachelor's degree or higher (25-64)
69.8%Commute under 30 min
89.2%Drive to work
21.2%Foreign-born residents
5,388Neighbourhood population

Age

Under 15: 16%15 to 64: 72.4%65 and over: 11.6%
  • Under 1516%
  • 15 to 6472.4%
  • 65 and over11.6%

Household size

  • 1 person36.9%
  • 233.3%
  • 313%
  • 49.3%
  • 5 or more7.5%

Language spoken at home

71.5% English mother tongue

  • Punjabi8.5%
  • English + other3.3%
  • Spanish1.5%
  • Mandarin1.4%
  • Tagalog1.4%
  • Arabic1.1%
  • All others11.3%

Mother tongue, share of 5,385 residents.

How this pocket differs

  • notably fewer seniors 65+ than Central Abbotsford 11.6% vs 26.3%
  • notably fewer Punjabi speakers than Central Abbotsford 8.5% vs 13.6%
  • Median household income is lower than Abbotsford-Mission $67,000 vs $91,000
  • Median dwelling value is notably lower than Abbotsford-Mission $552,000 vs $850,000

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

Monthly Cost Calculator

Estimated monthly cost $15,127
Mortgage payment$13,717
Property tax$1,110
Home insurance$300
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 5

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