Investors/Builders/First time home buyers alert! This is a prime investment and development opportunity offering excellent subdivision potential. This solid 5-bedroom, 2-bathroom home sits on a flat 8,000 sq ft lot and meets all requirements for subdivision, making it an ideal option for builders, developers, or investors looking to maximize value. The property features a basement with separate entry and is currently generating $3,700/month in rental income, providing strong cash flow while you plan your next steps. Located minutes from the University of the Fraser Valley, Highway 1, elementary and secondary schools, shopping centres, and recreation facilities, this is a highly desirable area with ongoing development activity—perfect for a long-term hold or future build.
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Property History
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| Status | Date | Price |
|---|
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 12'6 x 12'6 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Bedroom | 13'0 x 13'0 ft |
| Main Level | Living Room | 19'9 x 19'9 ft |
| Main Level | Eating Area | 13'3 x 13'3 ft |
| Main Level | Kitchen | 13'3 x 13'3 ft |
| Below | Bedroom | 13'3 x 13'3 ft |
| Below | Bedroom | 13'3 x 13'3 ft |
| Below | Laundry | 13'0 x 13'0 ft |
| Below | Recreation Room | 19'3 x 19'3 ft |
| Below | Playroom | 11'0 x 11'0 ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
| Below | No | #3 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Closest Transit
Noise/ Power Lines
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Welcome to 2075 Willow Street, a beautiful property nestled in the heart of Abbotsford, BC. As we walk through this charming community, I'm excited to share with you the unique features and highlights that make this neighborhood so special.
Schools
Let's start with the schools. Your children will thrive in the esteemed Alexander Elementary School, conveniently located just 0.33 km from this property. With a rating of 5.4/10, this school is a great place for kids to learn and grow. We're also close to Abbotsford Senior Secondary School, located 1.03 km away, which provides a range of academic and extracurricular opportunities for your teenagers. With multiple schools nearby, families love this area because it offers a supportive and stimulating educational environment.
Crime
When it comes to safety, you'll feel at ease knowing that the crime rate in this neighborhood is below average compared to other Canadian cities. According to Statistics Canada's 2020 report, there were 8,915 incidents in this area, resulting in an overall crime rate of 5,513.02 per 100,000 population. This is a testament to the community's strong sense of security and low crime rate. You'll also appreciate the low drug crime rate, with a rating of 91.52 and only 148 incidents in 2020. Property crimes are also relatively low, with an average rating of 3,290.50 and 5,321 incidents in 2020.
Demographics
This neighborhood is home to a diverse community, with 11.8% of residents holding a university certificate or degree, which is below average compared to other BC neighborhoods. However, 19.6% of the population has no certificate or degree, which is average compared to the average in BC. The median household income is $48,597, which is relatively low compared to the British Columbia average. Nevertheless, 72.3% of households in this area have a mortgage, which is high compared to other neighborhoods.
Transit
Convenience is key when it comes to transportation. The Marshall at Salton (WB) bus station is just 0.11 km away from this property, making it easy to get around Abbotsford. With a range of transportation options available, you'll be able to quickly and easily access the city's amenities and attractions.
Lifestyle Amenities
This neighborhood is surrounded by a range of lifestyle amenities that make it an ideal place to call home. You'll find beautiful parks, beaches, and trails to explore, as well as dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The nearby hospital ensures that medical care is always within reach.
Real Estate Context
In terms of real estate, the average dwelling value in this neighborhood is $323,380, which is average compared to other areas in British Columbia. With a range of housing options available, from single-family homes to apartments, there's something for everyone in this community. The average owner payments are below average in this area, with owners spending an average of $1,109 per month. Tenants are also paying below-average rents, with an average of $912 per month.
Community Overview
This neighborhood is a vibrant and diverse community, with a range of amenities and services available. With a population density of 3,578.4 people per square kilometer, this area is above average compared to other neighborhoods. The average age of the population is 37.1 years, which is relatively low compared to other BC cities.
Conclusion
As we conclude our tour of 2075 Willow Street, I hope you've fallen in love with this charming neighborhood in Abbotsford, BC. With its excellent schools, low crime rate, and convenient transportation options, this community is the perfect place to call home. Whether you're a family, a young professional, or a retiree, this neighborhood has something for everyone. Don't miss out on the opportunity to make 2075 Willow Street your dream home. Contact me today to schedule a viewing and make this property yours!
MLS® R3081274 - 2075 Willow Street, Abbotsford, BC
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