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Investment signal

$899,999

32375 DIAMOND CRESCENT

Save this home

Beds

5

Baths

1

Sqft

Year

1970

Type

Single Family

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

Investor alert! This 7,000 sq ft property in central Abbotsford is designated Urban 1 - Midrise in the OCP, allowing future potential for up to 6 storeys and current uses allow for duplexes and multiplex.Located in a walkable, amenity-rich area near schools, shopping, and transit, with new development happening just around the corner. Ideal for investors looking to land bank or add to their portfolio in a rapidly growing urban core. If you're not looking to hold, explore the potential for duplex or multiplex under the new OCP. Please consult the City of Abbotsford directly to confirm zoning, density, and land use regulations. (id:65958)

Subtype
Single Family
Architectural style
2 Level
Structure
House
Common interest
Freehold
Living area
2,323 square feet
Lot size
7,000 square feet
Lot dimensions
7000
Parking
2 total
Fireplace
1
On market
Apr 20, 2026
Status changed
Apr 21, 2026
Annual tax
$5,318.92 (2025)
Photos
2
MLS#
R3113560
Area
ABBOTSFORD

Features and systems

Parking

Carport

Basement

FinishedFullUnknown

Appliances

WasherDryer

Heating

Forced air

View

City view

Utilities

WaterNatural GasElectricity
Negative cash flow ~$991/mo at these assumptions

Cash on cash

-6.60%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,543

Financing

Down payment$180,000
Loan amount$719,999
Mortgage$3,648/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$750
CapEx reserve$375
Vacancy loss$225

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 $3,648/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 21, 2026.

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