32383 Downes Rd, Abbotsford, BC

$11,500,000
Est. Mortgage /mo

MLS® R3089087

5 Beds
2 Baths
2688 sqft
4278 $ /sqft
$11,500,000
Est. /mo with 20% down
$4,278/sqft · Tax $1,104/2025
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Property Details & Specs

23.65 acres on Downes Rd and within the urban boundary of Abbotsford. Out of the ALR. A very unique property that deserves a keen vision for the future. Currently zoned CR Country Residential but in the OCP Land use as SSMUH-4 which allows up to 4 units per lot. The City of Abbotsford may look at higher density and or school/assembly use. The land is rolling with outstanding views to the north. There is a large ravine that dissects the property which creates several large building sites and would create a very special development. Property is currently used for farming and has a very livable older home plus several outbuildings. Very close to MEI and the soon to be built Khalsa School. Only 5 mins to the city center. Municipal water and sewer at the road. Appointments required to view the

General Info

Price $11,500,000
Total Bedrooms 5
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2688
Lot Size 23.65
Lot Size Depth Metres
Lot Size Frontage 1343.98
Basement Full, Finished
Basement Features -

Property Metrics

Year Built -
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Building Features -
Structures Residential Detached

Additional Details

MLS® # R3089087
Building Name -
Area Abbotsford
Neighbourhood Matsqui
City Abbotsford
Postal Code V2T 1X3
Price per Sqft $4,278
Gross Taxes $1,103.63
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 1
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Carport Multiple
Total Parking Spaces -
Listed by: Sutton Group-West Coast Realty (Abbotsford)

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood & Transit Info

Public Schools

Middle
Colleen and Gordie Howe Middle School
1.81 km
Elementary
Clearbrook Elementary School
Average
1.03 km
5.9/10
Secondary
W J Mouat Secondary School
1.69 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Cornerstone Christian School
0.9 km
Elementary, Secondary
Mennonite Educational Institute
1.35 km

Closest Transit

Bus Stop
Chilcotin at Nicola (SB)
0.74 km
Skytrain
West Coast Express @ Mission City Station
6.81 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
17.3%
No Certificate/Degree
Above Average
21.1%
Owner Occupied
Below Average
45.9%
Employment Rate
Average
58.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $92
Maintenance fee 0
A 20% down payment of $2,300,000 on this $11,500,000 listing yields an estimated mortgage of $43,922/month (30-year fixed, 4%). Total estimated housing cost: $44,014/month, $92 property tax.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
With $23,920/month in estimated rental income against $44,588/month in mortgage payments, the monthly cashflow is -$20,668/month. A 58% down payment would reach break-even.
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $11,500,000
Abbotsford Loading...
Matsqui Loading...
This $11,500,000 listing sits 130.7% above the Matsqui average of $4,984,666 for similar 5-bedroom Single Family Residences (5 active comparables).
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Property FAQs

What are the closest top-rated schools to 32383 Downes Road, Abbotsford, BC?

Is 32383 Downes Road, Abbotsford, BC in a flood zone?

What is the estimated monthly mortgage and strata fee for 32383 Downes Road, Abbotsford, BC?

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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