112 33886 Pine Street, Abbotsford

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$1,650

112 33886 Pine Street

Abbotsford East, Abbotsford, BC, V2S 0N9

1 | 1 | 1 | 550 sq.ft. |

For rent: Modern 1 bedroom, 1 bathroom home with 550 sq ft of efficient indoor living and an impressive 226 sq ft private patio perfect for outdoor dining and relaxation. This ground-level unit sits beside the playground, offering an open, family-friendly feel. A large dining-area window brings in abundant natural light, creating a bright and uplifting atmosphere. Features include a full kitchen with stainless appliances, in-suite laundry, one secure parking stall, and a storage locker. This home delivers comfort, outdoor space, and everyday convenience in a new, quiet building.

Property Info

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MLS®: R3069207

Listing Courtesy of Royal LePage West Real Estate Services

Total Bedrooms 1

Total Bathrooms 1

Floor Space 550 sq.ft.

Date Listed XXXX-XX-XX

Property Type Condo

Listed Price $1,650

Strata Fee $0.00

More Details

Floor Space Finished 0.00 sq.ft.

Rules No, No Cats, No Dogs

Parking Total 1

Summary

Location and General Information

MLS Area Major: Abbotsford
Street Name: Pine
City: Abbotsford
State Or Province: BC
Postal Code: V2S 0N9
Property Type: Residential Lease
Property Sub Type: Apartment/Condo

Interior and Exterior Features

Interior Features

Exterior Features

Property

Utilities

Property and Assessments

Building Area Total: 550
Living Area: 550

Lot Information

Sold History

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City Introduction

Overview of Abbotsford, BC, Canada

Population

Abbotsford is the fifth-largest city in British Columbia, with a population of approximately 161,000 (2024). The population density is 427 people per square kilometer. Abbotsford is a multicultural city, with about 28.6% of residents being immigrants, including a significant South Asian community (23,830 people) and a Chinese community (845 people). The city's annual population growth rate is 1.66%, higher than the national average.

Economy

Key Industries: Agriculture, transportation, manufacturing, and retail. Abbotsford has the highest agricultural output per acre in Canada, surpassing Niagara and North Okanagan.
Commercial Centers: Tsawwassen Mills is the fourth-largest shopping center in BC, attracting both consumers and investors.
Educational Resources: Abbotsford is home to the University of the Fraser Valley and Canada Media University, providing a skilled workforce and fostering innovation.

Living Features

Natural Environment: Abbotsford boasts abundant natural landscapes, including Mill Lake and numerous community parks, ideal for outdoor activities.
Transportation: Abbotsford is well-connected to downtown Vancouver via highways and ferries, with a commute time of about 50 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Abbotsford's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $791,000 CAD and condos around $312,000 CAD (2024).

Opportunities:

Stable rental market: Abbotsford's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Abbotsford is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Mill Lake and Tsawwassen, while properties near transportation hubs are attractive for investors.

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