2942 Palm Cres, Abbotsford, BC | MLS® R3030838 Property Details

This 11,282 sqft. property, zoned RS3-i lot in Central Abbotsford offers a rare opportunity to subdivide into 3 x 300m² lots. Rezoning and development permit have already reached 3rd reading, civil drawings are submitted, and PLA is in hand, pay the remaining fees, and you're ready to move forward with the project. In the meantime, enjoy a beautifully renovated 4-bed, 3-bath family home with bright open-concept main floor, modern kitchen, and a convenient laundry room w/adjacent mudroom, ideal for busy families. Downstairs is fully finished with 2 more bedrooms, a rec room, flex space/gym. The massive, park-like backyard includes, in-ground sprinkler, sports court, and hot tub, perfect for entertaining or unwinding. Live now, develop later!!!

General Info

Price $1,574,000

Total Bedrooms 4

Total Bathrooms 3

Half Bathrooms 0

Floor Area Total (sqft) 2989

Lot Size 11282

Lot Size Depth Feet

Lot Size Frontage 118.4

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1970

Age Of Building 55

Building Type Single Family Residence

Property Type Residential

Architecture Style Rancher/Bungalow w/Bsmt.

Stories 2

Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS # R3030838

Area Abbotsford

Neighbourhood Central Abbotsford

City Abbotsford

Gross Taxes $5,637.98

Ownership Type Freehold NonStrata

Maintenance Fee -

Heating & Cooling

Fireplace 2

Heating Type Forced Air, Heat Pump, Natural Gas

Cooling Air Conditioning

Utilities

Utility Type Electricity Connected, Natural Gas Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public

Parking

Parking Type Garage Double, Open

Total Parking Spaces 5

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Strata Restrictions -

Rental Restrictions -

Zoning RS3-I

Rental Suites -

# of Kitchens 1

Flooring Mixed

Foundation Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Exterior Features Private Yard

Sewer Public Sewer, Sanitary Sewer

Roof Asphalt

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Foyer	15'2 x 15'2 ft
Main Level	Living Room	20'5 x 20'5 ft
Main Level	Eating Area	12'10 x 12'10 ft
Main Level	Kitchen	16' x 16' ft
Main Level	Laundry	5'10 x 5'10 ft
Main Level	Mud Room	0' x 0' ft
Main Level	Primary Bedroom	11'11 x 11'11 ft
Main Level	Den	8'4 x 8'4 ft
Main Level	Bedroom	11'2 x 11'2 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Main Level	Yes	#4
Basement	No	#3

Listed by: Top Producers Realty Ltd.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Middle

Colleen and Gordie Howe Middle School

0.79 km

No Rating

Elementary

Ten Broeck Elementary School

Average

0.63 km

Rating 5.2/10

Secondary

W J Mouat Secondary School

1.32 km

No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary

Country Echoes Parochial School

0 km

No Rating

Secondary

The Chinese Academy

0 km

No Rating

Closest Transit

Abbotsford

Old Yale at Sunnyside (EB)

0.34 km

Welcome to 2942 Palm Crescent, Abbotsford, BC - MLS R3030838

As we step into the vibrant community of Abbotsford, you'll discover why this city is a popular choice for families and individuals alike. Located in the heart of Central Abbotsford, 2942 Palm Crescent offers an ideal blend of convenience, amenities, and natural beauty.

Family-Friendly Community

Our first stop is Ten Broeck Elementary School, rated 5.2/10, which is conveniently located just 0.63 km from 2942 Palm Crescent. If you're looking for alternative education options, St. James Elementary School, with a rating of 7.7/10, is just 1.11 km away. For secondary education, St. John Brebeuf Secondary School, with a rating of No Rating, is 1.13 km from this home.

A Safe and Secure Neighborhood

According to Statistics Canada's 2020 report, the crime rate near 2942 Palm Crescent, Abbotsford, BC (MLS R3030838) is 5,513.02, which is Below Average compared to other Canadian cities. This translates to a safe and secure environment for you and your loved ones. In fact, the illegal substances offenses rating is Low, with a ranking of 91.52, and the property crimes rating is Average, with a ranking of 3,290.50.

Family Demographics

This neighborhood is home to a diverse population, with 13.1% of residents holding a university certificate or degree, which is Below Average compared to other BC neighborhoods. However, 26.6% of the population has no certificate or degree, which is Above Average compared to the average in BC.

Affordable and Convenient Living

The median household income near 2942 Palm Crescent, Abbotsford, BC is $61,344, which is Below Average compared to the British Columbia average. However, the median personal income is $25,306, which is Low compared to the BC average. The % of households with a mortgage is 69.6%, which is High.

Easy Commuting

The unemployment rate in the area around MLS R3030838 is 8.1%, which is Average compared to other BC neighborhoods. This means you can easily find employment opportunities nearby. The real estate is also conveniently located near major highways and public transportation, making commuting a breeze.

Lifestyle Amenities

Abbotsford offers a wide range of lifestyle amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops nearby. You'll never be far from the action, whether you're looking for relaxation, entertainment, or adventure.

Real Estate Context

The average value of dwellings in this neighborhood is $469,344, which is Above Average compared to other areas in British Columbia. The average owner payments are Average, with owners spending $1,296 in average for the dwelling. Tenants are paying $991 in this district, which is Average compared to other cities.

Renters and Owners

48.6% of the population in this district near 2942 Palm Crescent are renters, which is High compared to other BC cities and areas. The % of English and French speakers is 3.7%, which is Low, while the % of English speakers only is 89.5%, which is Average. The % of Neither English nor French speakers is 6.7%, which is High compared to other BC cities.

Getting Around

2.7% of the population in this area uses Public Transport, which is Below Average, while 91.4% of the population uses Cars, which is Above Average. 0.8% of people use Bicycles, which is Below Average, and 3.6% of the population walks, which is Average.

Why Choose 2942 Palm Crescent?

In conclusion, 2942 Palm Crescent, Abbotsford, BC (MLS R3030838) offers an unbeatable combination of convenience, amenities, and natural beauty. With its safe and secure neighborhood, family-friendly community, and affordable living, this property is an ideal choice for families and individuals alike.

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