2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC

$899,000
Est. Mortgage /mo

MLS® R3023758

NEW

$899,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
3 Beds
2 Baths
2 Stories
lot 5564 sqft
1632 sqft
1957 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

**First-time buyers, investors & developers alert!** No strata – you own the land! This renovated 2-storey home sits on a lot with **future development potential** in a prime location near schools, the University of the Fraser Valley, and easy highway access. Featuring 3 bedrooms and 2 bathrooms, it includes a spacious 1-bedroom suite with a separate entrance—ideal for rental income or extended family. Updates include a modern kitchen with quartz countertops, stainless steel sink, new cabinets, wood flooring, and more. Large backyard and move-in ready—don’t miss out!

General Info

Price $899,000
Total Bedrooms 3
Total Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1632
Lot Size 5564
Lot Size Depth Feet
Lot Size Frontage 52
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 1957
Age Of Building 68
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R3023758
Area Abbotsford
Neighbourhood Central Abbotsford
City Abbotsford
Gross Taxes $3,858.3
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 0
Heating Type Electric

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Open
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RS3
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 2
Foundation Concrete Perimeter
Interior Features Guest Suite, Storage
Locker -
View Description -
Units In Development -
Exterior Features Garden, Playground
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Metal

Property History

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Status Date Price
Active - $899,000
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Listed by: Century 21 Coastal Realty Ltd. & Century 21 Coastal 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.

Neighborhood Info

Public Schools

Secondary
Abbotsford Senior Secondary School
0.98 km
No Rating
Elementary
Alexander Elementary School
Average
0.38 km
Rating 5.4/10

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary, Secondary
Dogwood School
1.3 km
No Rating
Elementary, Secondary
Dogwood School
1.3 km
No Rating

Closest Transit

Abbotsford
Marshall at Salton (WB)
0.06 km

2048 OLIVE WAY, Abbotsford BC V3V 0B6 is serviced by Alexander Elementary School. The property with listing MLS® R3023758 is located 0.38 km from the school. Alexander Elementary School has a rating of Rating 5.4/10.

This home with address 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is also serviced by Abbotsford Senior Secondary School and located 0.98 km from it. Abbotsford Senior Secondary School has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 2048 OLIVE WAY, Abbotsford BC V3V 0B6 is Dogwood School with School's rating No Rating, located 1.3 km from this home.

The closest to this address 2048 OLIVE WAY, Abbotsford BC V3V 0B6 Secondary independent school is Dogwood School with School's rating No Rating, located 1.3 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 8,915 volation disturbances in this neighbourhood. The overall crime rate near the address - 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is 5,513.02. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -14.54%

Drug crime rate next to the listing MLS® R3023758 is Low comparing to other neighbourhoods. The illegal substances offences rating is 91.52. There were 148 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is 23.98%

Property crimes in the neighbourhood close to real estate listing for sale 2048 OLIVE WAY, Abbotsford BC V3V 0B6 are Average. Property misconduct rating adjacent to MLS® R3023758 is 3,290.50. There were 5,321 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -24.59%

There were 2,027 violent lawbreaking disorders in 2020. 1,253.49 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 6.46%

The closest Bus station is Marshall at Salton (WB) in 0.06 km away from this listing with - MLS® R3023758.

11.8% of people with university certificate/degree live in this neighbourhood adjacent to the 2048 OLIVE WAY, Abbotsford BC V3V 0B6 which is Below Average in comparison with other BC neighbourhoods. 19.6% of population in this neighbourhood that is near the Listing MLS® R3023758 have no certificate or degree. This number is Average compared to the average in BC.

Median Household Income near this dwelling with the address 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is $48597 which is Low in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R3023758 is $28064 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 72.3% which is High.

Unemployment rate in the area around Real Estate Listing # R3023758 is 7.1 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 2048 OLIVE WAY, Abbotsford BC V3V 0B6 where population change between 2011 and 2016 was 7.2%. This is Above Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is 3578.4 which is Above Average people per sq.km.

Average size of families in the area adjacent to home for sale 2048 OLIVE WAY, Abbotsford BC V3V 0B6 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R3023758 is 61.5% and it is Above Average. % of Married or living common law is around 46.9% and it is Low.

Average age of the population close to the 2048 OLIVE WAY, Abbotsford BC V3V 0B6 is 37.1 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is $323380 and this is Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 2048 OLIVE WAY, Abbotsford BC V3V 0B6. $1109 owners spent in average for the dwelling. Tenants are paying $912 in this district close to MLS® R3023758 and it is Below Average comparing to other cities.

59.4% of Population in this district near the 2048 OLIVE WAY, Abbotsford BC V3V 0B6 are Renters and it is High comparing to other BC cities and areas.

% of English and French speakers around real estate listing 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is 5%, it is Below Average, % of English speakers only is 94.2% and Above Average. % of Neither English nor French speakers close to home for sale 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC is 0.8% and it is Average comparing to other BC cities.

3.9% of all population in the area around this property with the address 2048 OLIVE WAY, Abbotsford BC V3V 0B6, Abbotsford, BC using Public Transport which is Below Average, 87.2% of using population are using Cars around MLS® R3023758, which is Average. 1.1% of people using Bicycles around the 2048 OLIVE WAY, Abbotsford BC V3V 0B6 and it is Average. 6.3% of population are walking which is Above Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $899,000
Abbotsford $1,142,967
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Call or Text Now!
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