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Investment signal

$1,150,000

31473 CROSSLEY COURT

Save this home

Beds

5

Baths

3

Sqft

Year

1988

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

Spacious 5-bedroom, 3-bathroom home offering 2,579 sq. ft. of well-designed living space on a 7,400 sq. ft. lot. The home sits on a naturally elevated site, creating a private walk-out backyard accessed directly from the main living level, without the need for stairs. Recent upgrades include a new furnace and A/C. The upgraded separate-entry basement suite offers excellent flexibility for rental income or extended family, with the current 1-bedroom, 1-bathroom layout easily convertible into a 2-bedroom, 2-bathroom suite. Images may be enhanced or digitally staged to showcase the property's potential; buyers to verify details if important. (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
House
Common interest
Freehold
Living area
2,519 square feet
Lot size
7,400 square feet
Lot dimensions
7400
Parking
6 total
Fireplace
1
On market
Dec 2, 2025
Status changed
Apr 26, 2026
Annual tax
$5,499.15 (2024)
Photos
31
MLS#
R3071442
Area
ABBOTSFORD

Features and systems

Parking

GarageOther

Basement

Separate entranceUnknownUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Air Conditioned

Utilities

WaterNatural GasElectricity
Negative cash flow ~$1,244/mo at these assumptions

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,059

Financing

Down payment$230,000
Loan amount$920,000
Mortgage$4,662/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527
Insurance$80
Maintenance$958
CapEx reserve$479
Vacancy loss$288

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 $4,662/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 26, 2026.

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