5290 Olund Rd, Abbotsford, BC, MLS® R2898603

$8,700,000
Est. Mortgage /mo

$8,700,000
$8,900,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
5 Beds
6 Baths
2 Stories
lot 404236 sqft
5448 sqft
1992 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5290 Olund Rd, Abbotsford, BC | MLS® R2898603 Property Details

Seaside Pearl Farmgate Winery! This one-of-a-kind acreage where you can have it all! Multi Award Winning Winery, Elegant Farmhouse & Equestrian set up! Chapel style tasting room with various picnic areas. Impressive "Barrel Room" to host large tasting groups & events. 4+ acres of vineyard offering different varieties primarily Petit Milo. Separate driveway to 5,450 sq ft home,4 bdrm,3 car garage. Great quality, craftsmanship & lovely gardens. Main Barn offers 9 Stalls, 9 Paddocks w/shelters, Round Pen, All Weather Outdoor Arena. Flex space 100"x 50" can be converted back into a Hockey rink, small indoor arena or more winery space! Multi family set up 3bdrm suite above barn or room to house staff. Perched up on Olund Road, take in the breathtaking views of Mt.Baker. Preview the video tour!

General Info

Price $8,700,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 1
Floor Area Total (sqft) 5448
Lot Size 9.28
Lot Size Depth Feet
Lot Size Frontage 275.69
Basement Partially Finished, Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 1992
Age Of Building 33
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2898603
Area Abbotsford
Neighbourhood Bradner
City Abbotsford
Gross Taxes $7,257.93
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 2
Heating Type Hot Water, Natural Gas, Radiant

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Garage Triple, Open, RV Access/Parking, Front Access, Gravel, Paver Block
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning A1-A
Rental Suites Legal Suite,Other
# of Kitchens 2
Flooring Mixed, Tile
Foundation Concrete Perimeter
Locker -
View 1
View Description Mt. Baker
Units In Development -
Exterior Features Private Yard
Sewer Septic Tank
Roof Wood

Property History

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Status Date Price
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Listed by: Engel & Volkers Vancouver (Branch)

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

Secondary
Rick Hansen Secondary School
3.56 km
No Rating
Elementary
Mt Lehman Elementary School
Above Average
2.41 km
Rating 7.8/10

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

Private Schools

Elementary, Secondary
Mennonite Educational Institute
3.06 km
No Rating
Elementary, Secondary
Mennonite Educational Institute
3.06 km
No Rating

Closest Transit

Abbotsford
Townline at Downes (SB)
2.79 km
Welcome to 5290 Olund Road, a beautiful property in Abbotsford, BC

As we step into this wonderful community in Abbotsford, BC, you'll notice the charm and character of the neighborhood. Let's start with the schools, a top priority for many families. This property is serviced by the highly rated Mt Lehman Elementary School, which boasts a rating of 7.8/10 and is conveniently located just 2.41 km away. This school is a popular choice among families, and for good reason – its commitment to academic excellence and strong community values makes it an ideal place for children to learn and grow.

Just down the road, you'll find Rick Hansen Secondary School, another excellent option for families. Although it doesn't have a rating, its proximity to the property makes it an attractive choice for those seeking a well-rounded education. And for those seeking an independent education, the Mennonite Educational Institute is just 3.06 km away, offering a unique and enriching experience for students.

Now, let's talk about the safety of the area. According to the latest statistics from Statistics Canada (2020), the neighborhood surrounding 5290 Olund Road, Abbotsford, BC has an overall crime rate of 5,513.02, which is considered Below Average compared to other Canadian cities. This makes it an excellent choice for families seeking a safe and peaceful environment. The crime rate has even decreased by 14.54% over the years, further solidifying the area's reputation as a secure community.

A Look at the Community

As we delve deeper into the community, you'll notice that 17.3% of the population holds a university certificate or degree, which is Average compared to other BC neighborhoods. However, 21.1% of the population has no certificate or degree, which is Above Average. This diversity in education levels creates a rich tapestry of perspectives and experiences, making the community a vibrant and inclusive place to live.

Conveniences and Amenities

Now, let's explore the conveniences and amenities that make this community so appealing. The closest Bus station, Townline at Downes (SB), is just 2.79 km away, making it easy to get around without a car. And with a median household income of $91,853, which is Above Average compared to British Columbia, you can enjoy a comfortable lifestyle without breaking the bank.

Real Estate Insights

As we examine the real estate market, you'll notice that the average value of dwellings in this neighborhood is $771,232, which is High compared to other areas in British Columbia. This means that homeowners can expect to pay an average of $1,419 per month in mortgage payments, which is Above Average. However, tenants can expect to pay $1,121 per month, also Above Average.

Demographics and Lifestyle

The community surrounding 5290 Olund Road, Abbotsford, BC is characterized by a diverse range of demographics. The average age of the population is 40.2, which is Below Average compared to other BC cities. The average size of families is 3.2, which is High, and 58.5% of families with children live in the area, which is Average. The community is also predominantly English-speaking, with 93.7% of residents speaking only English, which is Above Average.

Transportation and Commuting

When it comes to transportation, 92.6% of residents use cars, which is Above Average. However, 0.7% of residents use public transportation, which is Low. The community is also bike-friendly, with 1.1% of residents using bicycles, which is Average. Walking is also an option, with 3% of residents walking, which is Below Average.

In conclusion, 5290 Olund Road, Abbotsford, BC is a wonderful property in a safe and vibrant community. With its excellent schools, Below Average crime rate, and Above Average median household income, it's an ideal choice for families seeking a comfortable and secure lifestyle. Whether you're a first-time buyer or a seasoned investor, this property is definitely worth considering.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $8,700,000
Abbotsford $3,175,000
Bradner $3,175,000
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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Go See This Home Now