Property Type: Land / LotOwnership: Freehold

34033 WAVELL LANE

Abbotsford, BC V2S1R4

$750,000

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Property Details

Property & Lot

Lot size
6,000 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,146.13 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3151350
Listed
July 30, 2026
Time on market
On the market for 32 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Ready-to-build 6,000 sq. ft. lot in a desirable Abbotsford location! Zoned SSMUH-1, this exceptional property comes with seller-prepared building plans for a single-family home, saving you time and getting you one step closer to construction. An excellent opportunity for builders, investors, or those looking to build their dream home. Conveniently located near schools, parks, shopping, transit, and major commuter routes. Zoned SSMUH-1, offering excellent future potential. Buyers are encouraged to verify development possibilities with the City of Abbotsford. (id:63159)

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
Alexander ElementaryElementary480 m
Abbotsford Senior Secondary SchoolSecondary1.3 km
William A. Fraser Middle SchoolMiddle1.4 km
Yale SecondarySecondary1.5 km
Abbotsford Middle SchoolMiddle1.6 km
McMillan ElementaryElementary1.7 km
Godson ElementaryElementary1.8 km
Jackson ElementaryElementary2.0 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+)

  • The Keg · 2142 West Railway Street330 m
  • Little Japan Sushi748 m
  • Hot Chili House754 m
  • Freshii · 1878 McCallum Road775 m
  • Meat & Bread Test Kitchen777 m

Cafes (1)

  • Tim Hortons · 2135 Abbotsford Way356 m

Grocery (1)

  • No Frills · 34249 Marshall Road464 m

Parks (4)

  • Berry Park416 m
  • Shore Park · 1853 Shore Crescent574 m
  • Gilmour Park · 33932 Gilmour Drive638 m
  • Renton Park674 m

Shopping (2)

  • Unnamed276 m
  • Onyx Plaza · 33643 Marshall Road755 m

Gyms (2)

  • Hybrid Athletics · 2009 Abbotsford Way293 m
  • Movement Society · 34077 Gladys Avenue471 m

Pharmacies (2)

  • Pharmasave · 34143 Marshall Road268 m
  • Marshall Pharmacy547 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$600,000.00
Periodic payment — Principal & Interest (monthly)$3,871.00
Additional monthly expenses (strata, tax, utilities, etc.)$345.51
Total monthly cost$4,216.51
Interest paid over 5-yr term$171,961.72
Balance at end of term$539,701.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.75

Cash Needed at Closing

Minimum down payment$50,000
Estimated BC PTT$13,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,500

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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