1 / 16
Investment signal

$975,000

2353 MCKENZIE ROAD

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Abbotsford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

NEW PRICE FOR INCREDIBLE INVESTMENT OPPORTUNITY in Central Abbotsford! PLA Extension to April 2027. Your choice on RS-7 lot choice for 4 unit row home possibility or two lot option with current adopted PLA for a FSR of 1.2 for development, excellent for builders and investors. Ideally located near 5 corners in Old Town Abbotsford with quick access to shopping, 400 meters to transit, and just minutes from the University of the Fraser Valley. Situated next to both elementary and secondary school, the property offers rooftop views to the railway area. All utilities are at lot line. This is a rare chance to secure a well situated residential lot in a fast growing area. (id:65958)

Subtype
Vacant Land
Common interest
Freehold
Lot size
9,729 square feet
Lot dimensions
9729
On market
Apr 13, 2026
Status changed
Apr 23, 2026
Annual tax
$5,609.81 (2025)
Photos
16
MLS#
R3109778
Area
ABBOTSFORD
Negative cash flow ~$1,067/mo at these assumptions

Cash on cash

-6.56%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,998

Financing

Down payment$195,000
Loan amount$780,000
Mortgage$3,952/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$447
Insurance$80
Maintenance$813
CapEx reserve$406
Vacancy loss$244

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,952/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.