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$969,000

32306 Marshall Road

Abbotsford West, Abbotsford, BC, V2T 1A4

3 | 1 | 6 | 1,100 sq.ft. | Year Built: 1983 |

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Large 7562 sq ft lot with great frontage giving very good development potential with the Urban-3 infill guidelines. Check with city hall for your specific plans. Plus, well maintained, hard to find 1 level rancher, with 200 amp power in garage used as workshop, Heat Pump for heating and cooling, storage shed, massive deck for entertaining, fenced backyard and lots of mature trees. Very good location just seconds to freeway access, Abbotsford Regional Hospital just a 3 minute drive and close to all levels of shopping, schools and parks, as well as on a mainline bus route.

Property Info

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MLS®: R3066858

Listing Courtesy of Royal LePage Little Oak Realty

Total Bedrooms 3

Total Bathrooms 1

Floor Space 1100 sq.ft.

Lot Size 7562 sq.ft.

Title Type Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type House

Listed Price $969,000

Unit Pricing $881/sq.ft.

Strata Fee $0.00

Tax Estimate $4,420/Year

Year Built 1983

Interior Features

Rooms

More Details

Storey 1

Floor Space Finished 1100.00 sq.ft.

Roof XXXXXXX

Zoning RS3

Floor Finish XXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXX

Parking Carport Single, Garage Single

Parking Cover 2

Parking Total 6

Fuel Heating Forced Air, Natural Gas

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Rancher/Bungalow
MLS Area Major: Abbotsford
Street Name: Marshall
City: Abbotsford
State Or Province: BC
Postal Code: V2T 1A4
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 1

Interior Features

Fireplaces Total: 1
Flooring: Laminate, Other, Vinyl
Basement: Crawl Space

Exterior Features

Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer, Storm Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1983
Lot Size Square Feet: 7562
Building Area Total: 1100
Living Area: 1100

Lot Information

Lot Features: Central Location
Parcel Number: 003152154

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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