2797 PRINCESS STREET
Abbotsford, BC V2T2S7
$849,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,240 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,730 (2025)
Interior
- Basement
- Finished, Full, Separate entrance
- Heating
- Forced air, Natural gas
- Fireplace
- None
Parking
- Total spaces
- 3 — covered indicated
- Features
- Garage
Listing Information
- MLS®
- R3135497
- Listed
- June 16, 2026
- Time on market
- On the market for 76 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.
Description
Investor & Renovator Opportunity in Prime West Abbotsford! This rancher with basement offers outstanding potential for buyers looking to transform a property and add significant value. Featuring 5 bedrooms and 2 bathrooms, including a legal 2-bedroom suite with a separate entrance, this home provides excellent flexibility for rental income or multi-generational living. The property requires major renovations and updates throughout, making it an ideal project for investors, builders, or handy homeowners. Situated on a spacious lot with a fenced backyard, patio area, single garage, and additional driveway parking. Conveniently located close to schools, shopping, recreation, and transit. Bring your vision and unlock the full potential of this well-located property. (id:63159)
Values & Trends
This listing
$393/sqft
Building average
—
No other active listings in this building
Abbotsford average
$569/sqft
451 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — Abbotsford
Monthly figures from the Fraser Valley Real Estate Board for Abbotsford detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,143,000
Jul 2026
Average Sale Price
$1,087,192
Jul 2026
Monthly Sales
49
Jul 2026
Active Listings
444
Jul 2026
Sales-to-Active Ratio
11.0%
Jul 2026
Median Days to Contract
20 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
14°C
Clear
Humidity 87%
Wind S calm 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
59
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
| School | Type | Distance |
|---|---|---|
| Ten Broeck Elementary | Elementary | 279 m |
| Colleen And Gordie Howe Middle School | Middle | 1.1 km |
| W J Mouat Secondary | Secondary | 1.1 km |
| Dormick Park Elementary | Elementary | 1.2 km |
| Abbotsford Traditional School | K-12 | 1.2 km |
| St. James and St. Ann's Elementary(Independent) | Elementary | 1.3 km |
| St. John Brebeuf Regional Secondary(Independent) | Secondary | 1.3 km |
| ASIA - North Poplar | Elementary | 1.6 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+)
- New Saigon Vietnamese Cuisine370 m
- Chalo Momo Nepali Kitchen · 2655 Clearbrook Road404 m
- Jasmine Garden Seafood Restaurant · 31813 South Fraser Way448 m
- The Spice Route452 m
- Midori Japanese Restaurant483 m
Cafes (5+)
- Sipp Chai Café397 m
- Rose Room Coffee Shop · 2825 Clearbrook Road403 m
- Tim Hortons509 m
- Starbucks723 m
- Tim Hortons · 2434 Clearbrook Road798 m
Grocery (5+)
- Day to Day Grocery & Produce · 31877 South Fraser Way415 m
- Sabzi Mandi Supermarket435 m
- El Negociante Abbotsford "Mexican & Latin Store"558 m
- Unnamed · 31940 South Fraser Way579 m
- Abbotsford Super Market611 m
Parks (5+)
- Garden Park376 m
- Charlotte Park · 31879 Royal Street428 m
- Palm Court Park · 2950 Palm Crescent454 m
- Aero Park · 2680 Moorland Street569 m
- Fishtrap Creek Park596 m
Shopping (5+)
- Clearbrook Plaza403 m
- Meadow Fair524 m
- Eagle Plaza573 m
- Cedar Park Place642 m
- Moga Bazaar · 2497 Clearbrook Road672 m
Gyms (2)
- Kismet Yoga + Fitness387 m
- Yoga and Meditation Studio737 m
Pharmacies (5+)
- Garden Park Pharmacy · 2825 Clearbrook Road406 m
- I.D.A.406 m
- Matsqui Pharmacy · 2564 Clearbrook Road584 m
- Clearbrook Pharmacy608 m
- Cedar Park Pharmacy701 m
Banks & ATMs (5+)
- Unnamed446 m
- RBC · 31975 South Fraser Way450 m
- Unnamed457 m
- Unnamed457 m
- Coast Capital Savings · 2611 Clearbrook Road460 m
Nearby places data: © OpenStreetMap contributors.
School district: Abbotsford (SD34)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.