$1,184,000

^$35,000

33474 Kingsley Terrace

Poplar, Abbotsford, BC, V2S 6J6

6 | 4 | 4 | 3,000 sq.ft. | Year Built: 1989 |

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33474 Kingsley Terrace, Abbotsford: This court-ordered sale features a 3,000 sqft, 6-bedroom home, ready for renovation. This large corner lot, at over 7,300 Sq.Ft, is an Investor dream with a large, 2-bedroom, above-ground, LEGAL basement suite. Centrally located Enjoy convenient access to amenities. Reach out for more information.

Property Info

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MLS®: R2980827

Listing Courtesy of Momentum Realty Inc.

Total Bedrooms 6

Total Bathrooms 4

Floor Space 3000 sq.ft.

Lot Size 7304 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,184,000

Unit Pricing $395/sq.ft.

Strata Fee $0.00

Tax Estimate $5,844/Year

Year Built 1989

Rooms

Main Living Room 18' * 18'

Main Dining Room 14' * 12'

Main Kitchen 14' * 9'6

Main Primary Bedroom 14' * 14'

Main Bedrooms 11'7 * 11'2

Below Bedrooms 18' * 18'

Below Living Room 14' * 12'

Below Kitchen 14' * 9'6

Below Bedrooms 11'7 * 11'2

More Details

Storey 2

Floor Space Finished 3000.00 sq.ft.

Roof XXXXXXX

Zoning RS

Floor Finish XXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXX

Parking Front Access

Parking Cover 4

Parking Total 4

Fuel Heating Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Basement Entry
MLS Area Major: Abbotsford
Street Name: Kingsley
City: Abbotsford
State Or Province: BC
Postal Code: V2S 6J6
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 3
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Mixed
Basement: Finished, Exterior Entry

Exterior Features

Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1989
Lot Size Square Feet: 7304
Building Area Total: 3000
Living Area: 3000

Lot Information

Parcel Number: 003073157

Sold History

School Catchments

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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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