Property Type: TriplexOwnership: Freehold

33918 GEORGE FERGUSON WAY

Abbotsford, BC V2S2M9

$1,249,000

5 bed3 bath8 parking2,756 sqftBuilt 1956
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
Triplex
Lot size
8,610 square feet

Ownership & Fees

Property type
Triplex
Ownership
Freehold
Annual property tax
$5,640 (2024)

Interior

Basement
Finished, Full
Heating
Baseboard heaters
Fireplace
Yes (1)

Exterior & Lot

View
City view

Parking

Total spaces
8 — uncovered indicated
Features
RV

Listing Information

MLS®
R2950596
Listed
December 17, 2024
Time on market
On the market for 623 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Century 21 Coastal Realty Ltd. · Data source: CREA DDF.

Description

Investment opportunity in downtown Abbotsford! This project features plans for 17 rental units: 9 one-bedroom, 4 studios, and 4 two-bedroom apartments. Strategically located near schools and Superstore. Ideal for investors eyeing Abbotsford's rental market. This property promises lucrative returns with its diverse unit offerings. The one-bedroom units offer spacious living areas, while the studios provide cozy accommodations. Families and professionals will appreciate the comfortable two-bedroom apartments. Located within walking distance to schools, tenants enjoy easy access to educational facilities. Don't miss out on this chance to capitalize on Abbotsford's thriving rental market. Contact us today for more information on this exciting investment opportunity! (id:63159)

Values & Trends

This listing

$453/sqft

Building average

No other active listings in this building

Abbotsford average

$461/sqft

12 active listing(s)

Parking: 8 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.

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

81

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
Alexander ElementaryElementary866 m
Abbotsford Senior Secondary SchoolSecondary1.2 km
Terry Fox ElementaryElementary1.3 km
Abbotsford Middle SchoolMiddle1.5 km
Margaret Stenersen ElementaryElementary1.6 km
Godson ElementaryElementary1.7 km
Yale SecondarySecondary1.8 km
William A. Fraser Middle SchoolMiddle1.9 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+)

  • Sushiteria & Catering · 33790 George Ferguson Way130 m
  • Paliotti's Italian Restaurants · 33886 Essendene Avenue175 m
  • Anne Maries Cafe179 m
  • Tom Khao Thai Cuisine · 33785 Essendene Avenue188 m
  • New Passage To India197 m

Cafes (5+)

  • Vicinity Cafe & Lounge · 2603 West Railway Street162 m
  • Tracy Cakes · 2636 Montrose Avenue192 m
  • duft & co. bakehouse · 2636 Montrose Avenue195 m
  • Crimson Café195 m
  • Reddy Made Cakes · 33775 Essendene Avenue205 m

Grocery (1)

  • Triple D&O African and Caribbean Store · 2664 Gladys Avenue26 m

Parks (5+)

  • Unnamed49 m
  • Christmas Tree Park · 25880 West Railway Street177 m
  • Jacobsen Park417 m
  • Unnamed429 m
  • Jubilee Park471 m

Shopping (5+)

  • Abbotsford Centre Mall379 m
  • Five Corners534 m
  • Unnamed556 m
  • South Fraser Plaza · 33550 South Fraser Way568 m
  • Dragon Fort Centre575 m

Gyms (5+)

  • reset. Yoga & Therapy · 33783 Essendene Avenue191 m
  • Core Fitness & Rehab · 33725 Essendene Avenue281 m
  • Iron Cycle Club · 2539 Montrose Avenue334 m
  • Abby Yoga Studio498 m
  • Art of Fitness · 2427 Pauline Street552 m

Pharmacies (3)

  • Montrose Pharmacy · 2493 Montrose Avenue414 m
  • McCallum Pharmacy · 2481 McCallum Road568 m
  • The Medicine Shoppe · 2388 McCallum Road675 m

Banks & ATMs (2)

  • Unnamed104 m
  • Gulf & Fraser · 2600 Gladys Avenue121 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,200.00
Periodic payment — Principal & Interest (monthly)$6,446.50
Additional monthly expenses (strata, tax, utilities, etc.)$608.00
Total monthly cost$7,054.50
Interest paid over 5-yr term$286,373.59
Balance at end of term$898,783.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,836.18

Cash Needed at Closing

Minimum down payment$99,900
Estimated BC PTT$22,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,380

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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