Property Type: Land / LotOwnership: Freehold

2737 LOCK STREET

Abbotsford, BC V4X1J6

$2,995,000

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Property Details

Property & Lot

Lot size
716,997.6 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$10,786.94 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3104404
Listed
March 27, 2026
Time on market
On the market for 157 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Centre Realty · Data source: CREA DDF.

Description

Perfect opportunity to build your dream home on over 16 acres located on a tranquil no-through street, near Ross Road and Fraser Hwy. This property offers an ideal setting for a custom estate, just minutes from HWY 1, Fraser Hwy, Highstreet Mall, and the US Border. Enjoy the convenience of two driveways, city water, and natural gas on site. Contact us today to schedule your private viewing. (id:63159)

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

153,524

(2021 Census)

+8.6% since 2016

Density: 409/km²

Dwellings: 55,659

Median household income: $90,000

After-tax: $81,000

Immigrant population: 28.6%

Top countries of origin (% of total population)

  • India15.5% · 23,835
  • United Kingdom1.5% · 2,315
  • Philippines1.1% · 1,730
  • United States of America0.9% · 1,395
  • Netherlands0.6% · 890
  • Viet Nam0.6% · 880
  • Korea, South0.6% · 845
  • China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Ross ElementaryElementary1.1 km
Blue Jay ElementaryElementary2.0 km
Dave Kandal ElementaryElementary2.1 km
St. John Brebeuf Regional Secondary(Independent)Secondary2.3 km
St. James and St. Ann's Elementary(Independent)Elementary2.3 km
Aberdeen ElementaryElementary2.6 km
Eugene Reimer Middle SchoolMiddle2.8 km
Pacific Christian School(Independent)Elementary/Middle2.9 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($599,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,396,000.00
Periodic payment — Principal & Interest (monthly)$15,458.18
Additional monthly expenses (strata, tax, utilities, etc.)$898.91
Total monthly cost$16,357.09
Interest paid over 5-yr term$686,700.49
Balance at end of term$2,155,209.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,424.40

Cash Needed at Closing

Minimum down payment$599,000
Estimated BC PTT$67,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$668,350

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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