Property Type: Land / LotOwnership: Freehold

2796 FAIRLANE STREET

Abbotsford, BC V2S3B6

$1,300,000

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Property Details

Property & Lot

Lot size
9,375 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,360.54 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3115151
Listed
April 23, 2026
Time on market
On the market for 130 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

LAND ASSEMBLY, ADJOINING 4 PROPERTIES : Adjoining properties 2796,2806,2820 Fairlane St, Total Approx. 36 500 sq.ft. with front of 300 SqFt. Walking distance to Heritage Gurdwara Sahib, shopping, parks, schools, public transit, entertainment, Mill Lake & Malls. OCP Land Use-1 Midrise- "Multi-storey low and mid-rises, & integrated ground-oriented units. Heights are initially limited to 6 storeys (taller & varied building heights, & ground floor commercial may be possible through a neighborhood plan". Inquire with the City of Abbotsford about the potential of a subdivision. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Terry Fox ElementaryElementary699 m
Centennial Park ElementaryElementary856 m
John Maclure Community SchoolElementary957 m
Abbotsford Senior Secondary SchoolSecondary1.2 km
Abbotsford Middle SchoolMiddle1.2 km
Godson ElementaryElementary1.3 km
Chief Dan George MiddleMiddle1.6 km
Alexander ElementaryElementary1.8 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.

Nearby Places

Restaurants (5+)

  • Red Robin · 33011 South Fraser Way206 m
  • White Spot · 33215 South Fraser Way346 m
  • Greek Islands III · 33244 South Fraser Way414 m
  • Himalaya Indian Cuisine · 2607 Ware Street420 m
  • Bavaria Restaurant423 m

Cafes (5+)

  • LITTLE SPROUT café · 2776 Bourquin Crescent West176 m
  • Beans & Leaves355 m
  • Starbucks · 32900 South Fraser Way410 m
  • Bubble TastyTea573 m
  • Mükasi Coffee Roasters · 32900 South Fraser Way588 m

Grocery (2)

  • Sabzi Mandi Supermarket590 m
  • Real Canadian Superstore · 2855 Gladwin Road755 m

Parks (5+)

  • Allen Park · 2769 Fuller Street357 m
  • Century Park379 m
  • Eastview Park465 m
  • Silvertree Park593 m
  • Conway Park681 m

Shopping (5+)

  • Ventura Station · 32904 Ventura Avenue356 m
  • Little Oak Mall377 m
  • Plaza 154 · 32868 Ventura Avenue421 m
  • Ware Street Plaza475 m
  • Sevenoaks Shopping Centre · 32900 South Fraser Way549 m

Gyms (3)

  • Spinco714 m
  • The Fitness Lab718 m
  • Kraft EMS Studio · 3050 Gladwin Road751 m

Pharmacies (5+)

  • Community Pharmacy253 m
  • Unnamed437 m
  • Shoppers Drug Mart · 32900 South Fraser Way489 m
  • London Drugs · 32900 South Fraser Way570 m
  • PharmaChoice581 m

Banks & ATMs (5+)

  • BMO · 32988 South Fraser Way267 m
  • CIBC · 32950 South Fraser Way321 m
  • CIBC339 m
  • Unnamed478 m
  • ICICI Bank520 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($105,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,040,000.00
Periodic payment — Principal & Interest (monthly)$6,709.73
Additional monthly expenses (strata, tax, utilities, etc.)$530.05
Total monthly cost$7,239.77
Interest paid over 5-yr term$298,066.99
Balance at end of term$935,483.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$105,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,189.13

Cash Needed at Closing

Minimum down payment$105,000
Estimated BC PTT$24,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,500

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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