Property Type: Detached HouseOwnership: Freehold

33431 GEORGE FERGUSON WAY

Abbotsford, BC V2S2L9

$1,200,000

2 bed1 bath6 parking1,000 sqftBuilt 1027
Get Directions

Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
10,480 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,346.71 (2025)

Interior

Basement
None, Unknown
Heating
Electric
Fireplace
None

Parking

Total spaces
6 — uncovered indicated
Features
Open

Listing Information

MLS®
R3132286
Listed
June 4, 2026
Time on market
On the market for 88 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty · Data source: CREA DDF.

Description

Ideally located in the heart of the Abbotsford city, this property offers outstanding potential for homeowners, investors, and future development opportunities. 10,500 sq. ft. development site in Abbotsford's evolving George Ferguson Way corridor. Strong holding income with future redevelopment potential. Excellent candidate for land assembly with nearby properties undergoing townhouse and mid-rise apartment rezoning. Must verify with City of Abbotsford. Enjoy easy access to shopping, restaurants, schools, parks, recreation facilities, public transit, and major commuter routes. Just minutes from downtown Abbotsford, medical services, and everyday conveniences. The central location provides excellent walkability and strong long-term value. Come explore the possibilities today! (id:63159)

Values & Trends

This listing

$1,200/sqft

Building average

No other active listings in this building

Abbotsford average

$567/sqft

451 active listing(s)

Parking: 6 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

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

52

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 ElementaryElementary744 m
Abbotsford Senior Secondary SchoolSecondary910 m
Abbotsford Middle SchoolMiddle1.1 km
Alexander ElementaryElementary1.3 km
Godson ElementaryElementary1.3 km
Centennial Park ElementaryElementary1.4 km
John Maclure Community SchoolElementary1.6 km
Chief Dan George MiddleMiddle2.1 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+)

  • Pizza Man · 33363 South Fraser Way202 m
  • Baba's Abbotsford · 33442 South Fraser Way244 m
  • I am Thai · 33370 South Fraser Way248 m
  • Yaffa Café · 33323 South Fraser Way249 m
  • Tasty Indian Bistro · 33338 South Fraser Way272 m

Cafes (5+)

  • Oldhand Cafe and Bakery552 m
  • The Knotty Brew Crochet Cafe · 33723 Essendene Avenue595 m
  • Foxglove Floral Cafe · 2724 Montrose Avenue597 m
  • Aurora Café + Roastery · 2615 Montrose Avenue621 m
  • Tracy Cakes · 2636 Montrose Avenue626 m

Parks (5+)

  • Silvertree Park182 m
  • Allen Park · 2769 Fuller Street322 m
  • Conway Park380 m
  • Switzer Park · 33475 Switzer Avenue422 m
  • Arbour Park455 m

Shopping (5+)

  • M-L Plaza303 m
  • South Fraser Plaza · 33550 South Fraser Way390 m
  • Five Corners439 m
  • Abbotsford Centre Mall470 m
  • Ware Street Plaza497 m

Gyms (5+)

  • Abby Yoga Studio444 m
  • Core Fitness & Rehab · 33725 Essendene Avenue602 m
  • Iron Cycle Club · 2539 Montrose Avenue691 m
  • reset. Yoga & Therapy · 33783 Essendene Avenue699 m
  • Art of Fitness · 2427 Pauline Street746 m

Pharmacies (4)

  • Abbotsford Care Pharmacy & Compounding · 33324 South Fraser Way312 m
  • McCallum Pharmacy · 2481 McCallum Road574 m
  • Montrose Pharmacy · 2493 Montrose Avenue741 m
  • The Medicine Shoppe · 2388 McCallum Road783 m

Banks & ATMs (1)

  • ICICI Bank307 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$412.23
Total monthly cost$6,605.82
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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.

Request more information