Active · Other · Abbotsford

2294 Mckenzie Road

Abbotsford, BC V2S3Z8

$2,980,000

27 days on market

Bedrooms: 8
Bathrooms: 8
Floor area: 3,920 sq ft
Type: Other
Year built: 1954
Parking: 6
Taxes: $13,323.11 (2026)
MLS®: R3162704

About this home

RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development potential and requirements with the City of Abbotsford.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$13,195

Strata fee$0

Property taxannual ÷ 12$1,110

Est. monthly total$14,305

Down payment + BC property transfer taxbefore any first-time buyer exemption$663,400

Illustration only — rates change daily. Adjust in the full calculator →

Listing courtesy of RE/MAX Magnolia. View on REALTOR.ca

Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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