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$2,149,000

1860 QUEEN STREET

Abbotsford · MLS® R3150671

5 bed · 3 bath · 2,450 sq ft · 32,811 sq ft lot · 5 parking

House · Single Family · built 1957 · 71 days on market

Listed by Arsh Brar, Homelife Advantage Realty Ltd.

Realtor's description

OCP INDUSTRIAL - SPECIAL STUDY B AREA! Exceptional opportunity to acquire two parcels totaling approximately 1.50 acres (1850 & 1860 Queen Street). The property features two houses and a 30' x 60' shop with 18-foot ceilings, is fully fenced, and offers excellent holding income with outstanding long-term redevelopment potential in a rapidly growing industrial corridor.

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 3
Living area: 2,450 sq ft
Lot: 32,811 sq ft
Parking: 5
Year built: 1957
Property tax: $2,026 / yr
Days on market: 71
MLS®: R3150671

Price check

2026 assessment: $1,531,000 · asking is +40%
Price per sq ft: $877 vs $434 median for houses in Abbotsford for sale (470)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 71 days · no price changes so far

The market here

Listed now: 65 days; median for 476 houses for sale; this one 71 days

Houses in Abbotsford. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,531,000	$6,921

The listing shows $2,026 a year in property tax.

Estimate: the BC Assessment value times Abbotsford's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$9,532/mo

Mortgage $9,363 · Tax $169

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$9,363/ monthly

loan $1,719,200

25-year amortization

down payment20% · $429,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,089,696
property transfer tax: $42,470; BC general rate
cash to close: $472,270; down + PTT
total paid: $2,808,896

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 6,898 m² (74,249 sq ft) · PID 000-878-243. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

AbbotsfordGoogle Maps ↗

Location

AbbotsfordGoogle Maps ↗

Schools

Catchment schools, Abbotsford School District 34

Elementary Ross Elementaryhomes in this catchment
3.1 km away · 2451 Ross Rd, Abbotsford · 604-856-6079
Middle Eugene Reimer Middlehomes in this catchment
3.3 km away · 3433 Firhill Dr, Abbotsford · 604-504-5343
Secondary Rick Hansen Secondaryhomes in this catchment
3.5 km away · 31150 Blueridge Dr, Abbotsford · 604-864-0011

From the Abbotsford School District 34's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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