No photos available
Investment signal

$1,324,400

33658 LINCOLN ROAD

Beds

4

Baths

2

Sqft

Year

1950

About this home

Rare opportunity on a 13,464 sq ft lot in Central Abbotsford! This 4-bedroom, 2-bath rancher with basement offers strong holding value and excellent future development potential. Ideally located near Abbotsford Regional Hospital, schools, shopping, transit, and quick highway access. Functional layout with 3 bedrooms up and unauthorized basement suite below, ideal for extended family or rental income. Flat, usable lot with great frontage in an area of ongoing redevelopment. OCP designation Urban 3 - Infill supports subdivision, duplex, or additional units (buyer to verify with City). Zoned RS3, making this a solid investment or building opportunity in a growing neighbourhood. Adjoining property is also for sale, offering great potential for development opportunities. Call for more info. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Lot size
13,464 square feet
MLS#
R3111238
Area
ABBOTSFORD
Negative cash flow ~$2,549/mo at these assumptions

Cash on cash

-11.55%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,308

Financing

Down payment$264,880
Loan amount$1,059,520
Mortgage$6,500/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$607
Insurance$80
Maintenance$1,104
CapEx reserve$552
Vacancy loss$331

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $6,500/mo at 5.49% with 20% down, 25-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 19, 2026.

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