3 bed
1 bath
1,712 sqft
Single Family Residence
Built in 1957
8,276 sqft lot
6 parking
1 fireplace
Freehold NonStrata
RS-1 zone
Public remarks
Attention Investors & Developers! This prime property is situated within the Lougheed Transit Corridor Area Plan (LTCAP) and is zoned for a 6-plex dwelling. Opportunities like this are rare! Conveniently located within walking distance of schools, transit, and shopping, it offers exceptional accessibility. As part of the City’s Urban Infill Residential program, this property qualifies for up to six units under new provincial housing legislation. No rezoning is required, as Urban Infill Residential is now a permitted use under the Lougheed Transit Corridor Concept. Don’t miss out on this incredible investment opportunity!
Private remarks
Measurements by LA, total sq ft and lot size from BC Assessment. Measurements are approximate, Buyer, or Buyer's Agent, to verify all if important.. Tenants' Rights Apply, 48 hrs. notice preferred. Team Addendum in Associated Docs, to be included with ALL offers.
Buyer agency compensation
3.22% on the first $100k/1.15% on the balance
$1,100,000 ($642/sqft)
Active
Listed
03/07/2025
Expiry date
Original price
Gross taxes (2024)
$5,588.09
Property transfer tax
$20,000.00
Last Updated: 03/11/2025 09:55 AM
Courtesy of RE/MAX Blueprint (Abbotsford)
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 12039 220 Street | R2975142 | 03/11/2025 09:55 AM | 03/07/2025 | Active | $1,100,000 | Login to view | Karen Bridge | RE/MAX Blueprint (Abbotsford) |
| 12039 220 Street | R2871655 | 01/17/2025 12:16 AM | 04/16/2024 | Expired | $1,400,000 | Login to view | RE/MAX Blueprint (Abbotsford) |