Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Land · Abbotsford

32383 Downes Road

Abbotsford, BC V4X1X3

$11,500,000

235 days on market

Bedrooms
0
Bathrooms
0
Type
Land
Taxes
$915.00 (2023)
MLS®
C8076177

About this home

23.65 acres on Downes Rd and within the urban boundary of Abbotsford. Out of the ALR. A very unique property that deserves a keen vision for the future. Currently zoned CR Country Residential but in the OCP Land use as SSMUH-4 which allows up to 4 units per lot. The City of Abbotsford may look at higher density and or school/assembly use. The land is rolling with outstanding views to the north. There is a large ravine that dissects the property which creates several large building sites and would create a very special development. Property is currently used for farming and has a very liveable older home plus several outbuildings, Very close to MEI and the soon to be built Khalsa School. Only 5 mins to the city center, Municipal water and sewer at the road. Appointments required to view the property

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$50,920
Strata fee$0
Property taxannual ÷ 12$76
Est. monthly total$50,996
Down payment + BC property transfer taxbefore any first-time buyer exemption$2,793,000

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Listing courtesy of Sutton Group-West Coast Realty (Abbotsford). View on REALTOR.ca

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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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