Property Type: Detached HouseOwnership: Freehold

40406 NO. 3 ROAD

Abbotsford, BC V3G2R6

$1,499,000

3 bed3 bath10 parking1,905 sqftBuilt 1991
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Amenities

Also listed: Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
43,560 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,447.5 (2025)

Interior

Basement
Finished, Crawl space
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer

Exterior & Lot

View
Mountain view, View, View (panoramic)

Building

Water source
Municipal water
Sewer
Septic tank

Parking

Total spaces
10 — covered indicated
Features
Detached Garage, Garage, RV

Listing Information

MLS®
R3145499
Listed
July 16, 2026
Time on market
On the market for 46 days
Tax assessment year
2025
Data last synced
August 29, 2026

Listing provided by: RE/MAX Truepeak Realty · Data source: CREA DDF.

Description

One of a kind, beautifully manicured flat 1 acre property & detached shop! Lovingly maintained, single-level rancher, 3 bdrms & den (easily a 4th bdrm), 3 bathrooms, 1900 sq ft of living space, oversized double garage. 817 sq ft shop is fully heated, making it perfect for hobbies, storage, or home-based business. This property has seen extensive upgrades over the past 6yrs, including backup generator capable of powering the home, new furnaces in the house & shop, A/C, new roof, new garage doors and new HW tank. Large driveway provides ample parking for RVs, trailers, equipment, or multiple vehicles. Enjoy the convenience of city water, along with a sandpoint well dedicated to irrigation to keep the grounds lush year-round. Riding mower is included! Book your private showing today! (id:63159)

Values & Trends

This listing

$787/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

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.

Nearby Schools

SchoolTypeDistance
Barrowtown ElementaryElementary846 m
John Calvin School(Independent)Elementary/Middle3.2 km
Yarrow Community SchoolElementary4.5 km
Greendale ElementaryElementary5.7 km
Unsworth ElementaryElementary8.0 km
La VerendryeElementary/Middle8.2 km
Auguston Traditional ElementaryElementary8.3 km
Abbotsford School Of Integrated ArtsElementary9.3 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.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (strata, tax, utilities, etc.)$548.96
Total monthly cost$8,285.79
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,566.35

Cash Needed at Closing

Minimum down payment$124,900
Estimated BC PTT$27,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,380

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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