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Investment signal

$5,990,000

33983-33991 MCCRIMMON DRIVE

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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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

DEVELOPMENT OPPORTUNITY in Central Abbotsford! This 1.18-acre, two-parcel land assembly (33983 & 33991 McCrimmon Drive, to be sold together) offers a strong mix of near-term execution and long-term upside. The property has received 3rd reading for a 7-lot subdivision (PLA), providing a clear path to serviced lots (buyer to verify timelines). The site is well-suited for a range of residential uses including single-family lots, townhomes, rental or other multi-family development, subject to City approval. Featuring two road frontages, the property offers excellent access and significant development potential. Ideally located in a growing area near schools, shopping, medical services, & major routes. Properties are tenanted, providing holding income. Do not walk property or disturb occupants. (id:65958)

Subtype: Single Family
Architectural style: 2 Level
Structure: House
Common interest: Freehold
Living area: 2,950 square feet
Lot size: 51,401 square feet
Lot dimensions: 51401
Parking: 10 total
On market: Apr 22, 2026
Status changed: Apr 23, 2026
Annual tax: $13,071.93 (2025)
Photos: 12
MLS#: R3113390
Area: ABBOTSFORD

Features and systems

Parking

Other

Basement

FinishedFullUnknown

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Utilities

WaterNatural GasElectricity

Negative cash flow ~$6,141/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.15%

Cap rate

3.63%

GRM

16.7

Break-even rent

$36,414

Financing

Down payment$1,198,000

Loan amount$4,792,000

Mortgage$24,280/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,745

Insurance$80

Maintenance$4,992

CapEx reserve$2,496

Vacancy loss$1,498

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 $24,280/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.