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Investment signal

$1,449,000

2806 FAIRLANE STREET

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Beds

3

Baths

2

Sqft

Year

1971

Type

Single Family

Suite

Suite potential

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

BUYER/INVESTOR ALERT! LAND ASSEMBLY, ADJOINING 4 PROPERTIES : Adjoining properties 2796,2806,2820 Fairlane St, Total Approx. 36 500 sq.ft. with front of 300 SqFt. Walking distance to Heritage Gurdwara Sahib, shopping, parks, schools, public transit, entertainment, Mill Lake & Malls. OCP Land Use-1 Midrise- "Multi-storey low and mid-rises, & integrated ground-oriented units. Heights are initially limited to 6 storeys (taller & varied building heights, & ground floor commercial may be possible through a neighborhood plan". Inquire with the City of Abbotsford about the potential of a subdivision. Good rental income. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Common interest
Freehold
Living area
2,200 square feet
Lot size
10,000 square feet
Lot dimensions
10000
Parking
4 total
Fireplace
2
On market
Apr 20, 2026
Status changed
Apr 23, 2026
Annual tax
$6,773.81 (2025)
Photos
7
MLS#
R3112493
Area
ABBOTSFORD

Features and systems

Parking

Carport

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Utilities

WaterElectricity
Negative cash flow ~$1,541/mo at these assumptions

Cash on cash

-6.38%

Cap rate

3.59%

GRM

16.7

Break-even rent

$8,872

Financing

Down payment$289,800
Loan amount$1,159,200
Mortgage$5,873/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$664
Insurance$80
Maintenance$1,208
CapEx reserve$604
Vacancy loss$363

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 $5,873/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.

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