Condo
$409,900
307 2943 NELSON PLACE
Abbotsford7 days on market
MLS® R3171065
1 / 31
2 bed · 1 bath · 873 sq ft · 1 parking
Condo · Single Family · built 1989 · 140 days on market
Listed by Anna Dyck, Sutton Group-West Coast Realty (Abbotsford)
Realtor's description
Fantastic opportunity here for an investor or first time buyer! This TOP FLOOR unit is the perfect starter home. You won't feel squeezed into this plan, with 2 bedrooms, a spacious bathroom, loads of closets and a storage room PLUS a storage locker on the same floor. Clean and functional, this turnkey unit is ready for you! Want to add some value? The kitchen is plumbed for an all in 1 washer/dryer unit. 1 covered parking spot, shared laundry, close to shopping and transit.
Property details
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 1
- Living area
- 873 sq ft
- Parking
- 1
- Year built
- 1989
- Property tax
- $1,643 / yr
- Strata fee
- $374 / mo ($0.43 / sq ft)
- Strata rules
- Pets not Allowed
- Days on market
- 140
- MLS®
- R3124989
Features
- Pets not Allowed
- Refrigerator
- Dishwasher
- Range
Floor plans
Found among the listing photos.
Monthly cost
$1,927/mo
Mortgage $1,416 · Tax $137 · Strata $374
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
If you rented it out
- Rent
- $1,623/mo
- After all costs
- −$469/mo
- Cap rate
- 3.5%
- yearly net rent ÷ price
Costs: mortgage $1,416 · tax $137 · strata $374 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Abbotsford - Mission (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
Location
AbbotsfordGoogle Maps ↗
Schools
Catchment schools, Abbotsford School District 34
- Elementary Ten Broeck Elementaryhomes in this catchment
200 m away · 2580 Stanley St, Abbotsford · 604-850-6657
- Middle Colleen And Gordie Howe Middlehomes in this catchment
1.4 km away · 3174 Clearbrook Rd, Abbotsford · 604-859-8700
- Secondary W.J. Mouat Secondaryhomes in this catchment
1.4 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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