404 2943 Nelson Pl, Abbotsford BC V2S 0C8 – Condo for Sale – MLS® R2952414
404 2943 Nelson Place, Abbotsford, British Columbia V2S 0C8
Property Details for 404 2943 Nelson Place
Welcome to The Edgewood, where you'll find a beautifully designed layout featuring a built-in electric fireplace that adds warmth and charm to your living space. This top-floor unit boasts a spacious one-bedroom with a convenient walk-in closet, 4 piece bathroom, big ceilings. Step outside onto the deck, complete with a BBQ hookup, and enjoy outdoor dining and relaxation with ease. Experience the perfect blend of comfort and modern living at The Edgewood.
Building Details
| Price | $399,000 |
|---|---|
| Total Bedrooms | 1 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 696 |
| Year Built | 2009 |
| Age Of Building | 17 |
| Building Type | Apartment/Condo |
| Unit Style | Upper unit |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Trash, Maintenance Grounds, Management, Snow Removal |
| Building Name | The Edgebrook |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $268.41 |
| Amenities Nearby | Trash, Maintenance Grounds, Management, Snow Removal |
| Utility Type | Electricity Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Guest |
| Total Parking Spaces | 1 |
| Strata Restrictions | Pets Allowed w/Rest.,Rentals Allowed |
| Pet Restrictions | Yes With Restrictions |
| Rental Suites | None |
Interior Features
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Interior Features | Elevator |
| Fireplace | 1 |
| Heating Type | Baseboard, Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Foundation | Concrete Perimeter |
Exterior Features
| Roof | Other |
|---|---|
| Structures | Multi Family, Residential Attached |
Lot & Land
| MLS® # | R2952414 |
|---|---|
| Area | Abbotsford |
| Neighbourhood | Central Abbotsford |
| City | Abbotsford |
| Postal Code | V2S 0C8 |
| Gross Taxes | $1,567.11 |
| Zoning | RML |
Property Timeline
| Status | Date | Price |
|---|---|---|
| R2952414 / Active | 01-03-2025 | $399,000 |
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 12' x 12' ft |
| Main Level | Dining Room | 11' x 11' ft |
| Main Level | Kitchen | 10'2 x 10'2 ft |
| Main Level | Primary Bedroom | 13' x 13' ft |
| Main Level | Walk-In Closet | 5' x 5' ft |
| Main Level | Laundry | 4' x 4' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: Top Producers Realty Ltd.
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.
About the building: Edgebrook
2943 Nelson Place, Central Abbotsford, Abbotsford
Edgebrook building details →Building
- Built
- 2009
- Homes
- 73 in 4 storeys
- Construction
- Frame - Wood
- Title
- Freehold Strata
- Strata plan
- BCS3593
- Managed by
- Advantage Property Management
- Parking
- Visitor Parking, Garage: Underground, Garage Underbuilding
- Lockers
- Limited
- Strata fee covers
- Snow removalManagementGardeningGarbage Pickup
Bylaws on record
- Pets
- Restricted
- Cats and dogs OK, max 2
- Rentals
- Allowed
Market at Edgebrook
- For sale
- 3
- Median ask
- $399K
- Median $/sqft
- $533
- Days on market
- 244
- Sold, past year
- 6
$573/sqft, 7.5% above the building median of $533.
From MLS® and public strata records. Verify against the current Form B and registered bylaws.
Map, sell speed & climate
W J Mouat Secondary School · 1.2 km · sell-speed score 30/100 (may take longer)
Map & Neighbourhood
Public Schools
- Middle
- Chief Dan George Middle School
- 1.21 km
- Elementary
- Terry Fox Elementary School
- Average 0.85 km 4.9/10
- Secondary
- W J Mouat Secondary School
- 1.2 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary, Secondary
- Dogwood School
- 2.04 km
- Elementary, Secondary
- Dogwood School
- 2.04 km
Noise/ Power Lines
- Road/Hwy Noise
- Unlikely
- 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
Sell Speed & Competition
404 2943 Nelson Place has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 20.2% above comparable active properties in Central Abbotsford. The local market is currently a Buyer's Market with a sales-to-active ratio of 11.1% — buyers have more leverage. With 323 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Walkability & Transit Near 404 2943 Nelson Place
Walk Score - Very Walkable
Transit Score - Good Transit
Bike Score - Somewhat Bikeable
Costs & calculators
Monthly cost about $2,007/month · rent estimate $1,659/month · owning nets $85/month less than renting · cash flow if rented −$477/month
Mortgage Calculator for 404 2943 Nelson Place
The estimated monthly cost of 404 2943 Nelson Place, Abbotsford is $2,007: $1,608 principal and interest with 20% down over 30 years at 4.45%, plus $131 property tax and $268 strata fee.
Investment Cashflow Calculator
If 404 2943 Nelson Place, Abbotsford were rented at $1,659 a month with 5% vacancy, it would fall $477 a month short of the mortgage and carrying costs; about 44% down would break even.
Estateblock Rent Estimate for 404 2943 Nelson Place, Abbotsford
Example shown is the principal portion at year 5 of the mortgage. It grows over the loan: ~$433/mo (year 1) → ~$1,007/mo (year 20) → ~$1,502/mo (year 29).
EstateBlock estimates 404 2943 Nelson Place, Abbotsford would rent for about $1,659 a month.
Rent vs own: 404 2943 Nelson Place
Rent vs own
Owning nets $85/mo less than renting
With 20% down ($79,800) at 4.45%: $1,574/mo net cost to own in year 1 vs $1,659/mo rent
Assumes 20% down payment, 4.45% fixed rate, 30-year amortization. Rent line = full rent (money gone). Own line = interest + property tax + fees, excluding principal (money you keep as equity). No appreciation, investment returns or transaction costs included.
Owning 404 2943 Nelson Place, Abbotsford nets about $85 a month less than renting it in year 1, with $28,445 of principal paid off by year 5 and $63,964 by year 10.
Price vs Neighbourhood Average — Central Abbotsford, Abbotsford
Based on 24 comparable active apartments/condos in Central Abbotsford, the average asking price is $332,055. This listing is priced 20.2% above the neighbourhood average.
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Walkability & Transit Near 404 2943 Nelson Place
Walk Score - Very Walkable
Transit Score - Good Transit
Bike Score - Somewhat Bikeable
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