Property Type: Land / Lot

33305 GEORGE FERGUSON WAY

Abbotsford, BC V2S2L6

$4,000,000

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Property Details

Property & Lot

Lot size
42,688.8 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$29,530.25 (2026)

Interior

Fireplace
None

Listing Information

MLS®
C8081154
Listed
August 11, 2026
Time on market
On the market for 20 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

Court-ordered sale. Sold "as is, where is." A 0.98-acre infill development opportunity in Central Abbotsford. Potential for 24-28 townhomes, averaging 1,700 sq. ft. per unit. A new development application and rezoning will be required. (id:63159)

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

7/9 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 ElementaryElementary597 m
Abbotsford Senior Secondary SchoolSecondary1.0 km
Abbotsford Middle SchoolMiddle1.2 km
Centennial Park ElementaryElementary1.2 km
Godson ElementaryElementary1.3 km
John Maclure Community SchoolElementary1.3 km
Alexander ElementaryElementary1.5 km
Chief Dan George MiddleMiddle1.8 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+)

  • White Spot · 33215 South Fraser Way240 m
  • Yaffa Café · 33323 South Fraser Way242 m
  • Greek Islands III · 33244 South Fraser Way282 m
  • Pizza Man · 33363 South Fraser Way291 m
  • Tasty Indian Bistro · 33338 South Fraser Way309 m

Cafes (3)

  • LITTLE SPROUT café · 2776 Bourquin Crescent West574 m
  • Starbucks · 32900 South Fraser Way726 m
  • Beans & Leaves749 m

Parks (5+)

  • Allen Park · 2769 Fuller Street43 m
  • Silvertree Park204 m
  • Century Park223 m
  • Conway Park363 m
  • Babich Park · 33404 Wren Crescent536 m

Shopping (5+)

  • M-L Plaza344 m
  • Ware Street Plaza406 m
  • Little Oak Mall622 m
  • South Fraser Plaza · 33550 South Fraser Way652 m
  • Five Corners702 m

Gyms (1)

  • Abby Yoga Studio714 m

Pharmacies (2)

  • Abbotsford Care Pharmacy & Compounding · 33324 South Fraser Way358 m
  • Community Pharmacy652 m

Banks & ATMs (5+)

  • ICICI Bank285 m
  • BMO · 32988 South Fraser Way577 m
  • CIBC · 32950 South Fraser Way653 m
  • CIBC667 m
  • Unnamed784 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($800,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,200,000.00
Periodic payment — Principal & Interest (monthly)$20,645.31
Additional monthly expenses (strata, tax, utilities, etc.)$2,460.85
Total monthly cost$23,106.17
Interest paid over 5-yr term$917,129.20
Balance at end of term$2,878,410.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$800,000
Stress test qualifying rate8.09%
Payment you must qualify for$24,606.88

Cash Needed at Closing

Minimum down payment$800,000
Estimated BC PTT$118,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$919,500

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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