Property Type: Detached HouseOwnership: Freehold

37795 NORTH PARALLEL ROAD

Abbotsford, BC V3G2K1

$799,999

2 bed1 bath10 parking984 sqftBuilt 1952
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
0.8 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,370.51 (2025)

Interior

Basement
None, Unknown
Heating
Baseboard heaters
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
10 — covered indicated
Features
Detached Garage, Open

Listing Information

MLS®
R3102182
Listed
March 23, 2026
Time on market
On the market for 161 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Nationwide Realty Corp. · Data source: CREA DDF.

Description

Set on a private 0.8-acre lot, this property offers a great opportunity for those ready to add value through updates and care-or for someone looking to build their dream home. The existing homes require TLC but provide a functional starting point for renovation. A detached shop adds excellent space for storage, hobbies, or workspace needs. Enjoy a peaceful rural setting with convenient access to nearby amenities and major routes. Plenty of room for outdoor living, gardening, or future plans. A versatile property with plenty of potential to make it your own. (id:63159)

Values & Trends

This listing

$813/sqft

Building average

No other active listings in this building

Abbotsford average

$568/sqft

451 active listing(s)

Parking: 10 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 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
Abbotsford School Of Integrated ArtsElementary3.1 km
Auguston Traditional ElementaryElementary4.1 km
Mountain ElementaryElementary4.5 km
Prince Charles ElementaryElementary4.8 km
Sandy Hill ElementaryElementary5.3 km
Semá:th Elementary SchoolElementary5.5 km
Abbotsford Christian School(Independent)K-125.5 km
Clayburn Middle SchoolMiddle5.6 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

Parks (1)

  • Jensen Park183 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,999.00
Periodic payment — Principal & Interest (monthly)$4,129.06
Additional monthly expenses (strata, tax, utilities, etc.)$413.21
Total monthly cost$4,542.27
Interest paid over 5-yr term$183,425.55
Balance at end of term$575,681.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$55,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.78

Cash Needed at Closing

Minimum down payment$55,000
Estimated BC PTT$14,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,500

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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