2626 Montrose Avenue

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$725,000

2626 Montrose Avenue

Abbotsford · MLS® C8083194

3,600 sq ft lot · Land · Vacant Land · listed today

listed by Marcus Ortner, Homelife Advantage Realty Ltd.

realtor's description

Opportunity to acquire a prime 3600 square foot lot in the heart of Historic Downtown Abbotsford. Zoned C7 (Historic Downtown Commercial) offering several possibilities. Previous building plans featured three level retail and office with 6,277 total square feet. Growing area and an amazing spot for your new venture.

property details

type: Land, Vacant Land
lot: 3,600 sq ft
parking: 0
property tax: $18,717 / yr
days on market: 0
MLS®: C8083194

the market here

listed now: 125 days; median for 76 homes for sale; this one listed today

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

monthly cost

$4,751/mo

Mortgage $3,191 · Tax $1,560

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,191/ monthly

loan $580,000

25-year amortization

down payment20% · $145,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $377,248
property transfer tax: $12,500; BC general rate
cash to close: $157,500; down + PTT
total paid: $957,248

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

AbbotsfordGoogle Maps ↗

schools

Catchment schools, Abbotsford School District 34

Elementary Terry Fox Elementaryhomes in this catchment
1.2 km away · 3071 Babich St, Abbotsford · 604-859-8403
Middle Chief Dan George Middlehomes in this catchment
2.6 km away · 32877 Old Riverside Rd, Abbotsford · 604-852-9616
Secondary W.J. Mouat Secondaryhomes in this catchment
3.2 km away · 32355 Mouat Dr, Abbotsford · 604-853-7191

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.

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