Basics
- Date added: Added 1 year ago
- Category: British Columbia
- Bedrooms: 4
- Bathrooms: 3
Description
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Description:
This 4-bed, 3-bath detached home sits on a generous 8,400 sq ft lot and is priced to move! With solid cosmetic condition and a previous basement suite, it offers strong rental income potential. While some work is needed—plumbing issues from nearby trees and water damage to the garage roof—this property is perfect for an investor with vision. Fully remediated in 2006 after grow-op use, the home comes with complete documentation and clean air quality reports, giving you peace of mind. The price reflects the issues the property currently faces.
We see 3 paths to profit:
🛠️ Renovate and Rent: Fix the plumbing, reintroduce a basement suite, and hold as a 2-unit rental
💸 Renovate and Flip: Add value with smart upgrades and sell for a profit
🏠 Build: Start fresh and capitalize on the lot size with a custom home or new investment buildWe are selling our assignable purchase contract.
Closing is May 30th, 2025
*The Buyer agrees that the Seller may leave behind 5 pieces of furniture, 1 pile of bricks, and some tree landscaping debris upon closing*Show all descriptionPROPERTY FEATURES- 1-storey with basement
- Owner occupied
- 4 bedrooms
- 2 bedrooms are located on the main floor
- 2 bedrooms are located in the basement
- 3 bathrooms
- 2-piece ensuite powder room
- 4-piece bathroom located on the main floor
- 4-piece bathroom located in the basement
- Currently missing a toilet
- Built in 1970
- Total interior square footage: 2198 sq ft (as per BC Assessment)
- Main floor: 1099 sq ft (as per BC Assessment)
- Features 2 bedrooms, 2 bathrooms, kitchen, living room, dining room and laundry room
- Basement: 1099 sq ft (as per BC Assessment)
- Features 2 bedrooms, 1 bathroom and living room
- Main floor: 1099 sq ft (as per BC Assessment)
- Property was previously a grow-up and remediated in 2006 (as per Seller)
- Property passed air/spore testing
- Current mortgage is with RBC
- Kitchen on the main floor was renovated in 2006 (as per Seller)
- All appliances will be included, excluding the portable dishwasher
- Flooring: laminate and tile
- 100 AMP breaker panel
- Furnace Airco Model, unknown age (as per Seller)
- Components were replaced 10-years ago
- HWT was installed 3-years ago (as per Seller)
- Windows are double pane vinyl, unknown age (as per Seller)
- Tar and gravel roof, unknown age (as per Seller)
- Wood siding
- Rear deck is accessible from the main floor laundry room
- 2 sheds, 1 metal and 1 wooden
- Metal and wood fenced backyard
- Fence is 5-years-old (as per Seller)
- 2-car garage with 60 AMP panel breaker
- Driveway provides parking for 4 cars
- On municipal water and sewer
- Lot size: 8400 sq ft (as per BC Assessment)
- Annual property taxes are approximately $4197.00 – as per THIS online tax calculator
- Zoning: RS3-i (Urban Residential, infill) accommodates single detached dwellings with secondary suites – see HERE
- Located in Abbotsford’s Urban Development Area – see HERE
For more info about this property please reach out to Tammy at 778-883-3257 or email Tammy@offmarketBliss.ca
