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$949,000

31176 Southern Drive

Abbotsford West, Abbotsford, BC, V2T 5K2

5 | 3 | 4 | 2,818 sq.ft. | Year Built: 1988 |

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Looking for a home to renovate/ update to your style and taste? Welcome to a rare house on Townline Hill in West Abbotsford! This rancher with a full basement features almost 3,000 square feet with the potential to add 1 or 2 basement suites. The main floor features no stairs and large bedrooms, including a spacious primary suite with a full ensuite bathroom, a bright family room off the kitchen, and a big living and dining room. There are two fireplaces on this level. Downstairs, there is a third bathroom and two more bedrooms, with lots of room to add rental accommodation. The driveway is flat with lots of room to park. This location can't be beat - only steps to Fruiticana and other shops and restaurants. Presentation of offers on July 21 @ 4pm.

Property Info

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MLS®: R3026789

Listing Courtesy of RE/MAX Truepeak Realty

Total Bedrooms 5

Total Bathrooms 3

Floor Space 2818 sq.ft.

Lot Size 5800 sq.ft.

Title Type Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type House

Listed Price $949,000

Unit Pricing $337/sq.ft.

Strata Fee $0.00

Tax Estimate $4,974/Year

Year Built 1988

Interior Features

Rooms

Main Living Room 15'10 * 12'10

Main Dining Room 9'5 * 11'3

Main Kitchen 15'11 * 11'3

Main Family Room 15' * 13'7

Main Primary Bedroom 15' * 11'

Main Bedrooms 11'6 * 9'11

Main Bedrooms 14'3 * 8'10

Below Recreation Room 44'10 * 15'3

Below Bedrooms 11'6 * 9'10

Below Bedrooms 15' * 10'4

Below Den 11'7 * 12'

Below Storage 7'6 * 5'7

Below Storage 8'4 * 3'3

Below Utility 5'3 * 18'11

More Details

Storey 2

Floor Space Finished 2818.00 sq.ft.

Roof XXXXXXX

Zoning RS3

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Double, Front Access

Parking Cover 2

Parking Total 4

Fuel Heating Forced Air, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Rancher/Bungalow w/Bsmt.
MLS Area Major: Abbotsford
Street Name: Southern
City: Abbotsford
State Or Province: BC
Postal Code: V2T 5K2
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

Interior Features

Fireplaces Total: 2
Basement: Full

Exterior Features

Exterior Features: Balcony
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1988
Lot Size Square Feet: 5800
Building Area Total: 2818
Living Area: 2818

Lot Information

Lot Features: Central Location, Recreation Nearby
Parcel Number: 008750351

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OPEN HOUSES

2025-07-19 12:00 PM - 02:00 PM

2025-07-20 12:00 PM - 02:00 PM

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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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