For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
Mortgage rates are estimates of current rates. No fees are included.
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32375 Diamond Crescent, Abbotsford
MLS®: R3031816
$999,999
mtg / month
2322
Sq.Ft. 1
Baths 4
Beds 7,000
Lot SqFt 1970
Built
Investor alert! This 7,000 sq ft property in central Abbotsford is designated Urban 1 – Midrise in the OCP, allowing future potential for up to 6 storeys. Located in a walkable, amenity-rich area near schools, shopping, and transit, with new development happening just around the corner. The existing home, with some needed repairs, can be a strong rental hold with upside potential. Ideal for investors looking to land bank or add to their portfolio in a rapidly growing urban core. If you''re not looking to hold, explore the potential for duplex or multiplex under the new OCP. Please consult the City of Abbotsford directly to confirm zoning, density, and land use regulations.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
