Property Type: Detached HouseOwnership: Freehold

29464 RIVER ROAD

Abbotsford, BC V4X2H2

$2,999,900

3 bed1 bath4 parking1,970 sqftBuilt 1027
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Property Details

Property & Lot

Sub-type
House
Lot size
355,014 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,879.91 (2026)

Interior

Basement
None, Unknown
Heating
Radiant heat, Oil
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, River view

Parking

Total spaces
4 — covered indicated
Features
Detached Garage, Open

Listing Information

MLS®
R3155056
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Advantage Property Management · Data source: CREA DDF.

Description

Rare opportunity to acquire an 8.15-acre property NOT in the ALR with prime frontage along the Fraser River in Abbotsford. The property includes a 3-bedroom, 1-bathroom residence, along with two barns measuring approximately 4,000 sq. ft. and 6,000 sq. Ft. Zoned A2, the property benefits from a legal non-conforming use permitting multiple dwellings and is currently operating as Angie's RV Park, featuring 22 RV pads. With a potential gross annual income exceeding $275,000, this property offers an outstanding opportunity for investors seeking stable cash flow with future upside. Don't miss this unique chance to own a revenue-generating Fraser River property in a highly desirable location. (id:63159)

Values & Trends

This listing

$1,523/sqft

Building average

No other active listings in this building

Abbotsford average

$566/sqft

451 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

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

$1,547,000
$1,057,600
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Clear

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.

Nearby Schools

SchoolTypeDistance
Silverdale ElementaryElementary1.2 km
Mt Lehman ElementaryElementary4.3 km
West Heights ElementaryElementary5.4 km
Fraserview Learning CentreSecondary6.2 km
Cherry Hill ElementaryElementary6.2 km
Christine Morrison ElementaryElementary6.3 km
Bradner ElementaryElementary6.4 km
Valley Christian School(Independent)Elementary6.7 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% ($599,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,920.00
Periodic payment — Principal & Interest (monthly)$15,483.47
Additional monthly expenses (strata, tax, utilities, etc.)$755.66
Total monthly cost$16,239.13
Interest paid over 5-yr term$687,823.97
Balance at end of term$2,158,735.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,980
Stress test qualifying rate8.09%
Payment you must qualify for$18,454.54

Cash Needed at Closing

Minimum down payment$599,980
Estimated BC PTT$67,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,477

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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