$425,000

114 2750 FAIRLANE STREET

Abbotsford BC V2S 7K9 - Central Abbotsford
2 bd
2 ba
1,175 sqft
Built 1993

About This Property

RARE OPPORTUNITY for a 2 bedroom condo + DEN at an UNBEATABLE PRICE! Welcome to your new home at The Fairlane, a professionally managed building located in central Abbotsford! Just minutes from Seven Oaks shopping center, Highway 1, Superstore, restaurants, chic coffee shops and amazing breweries. This ground-level unit is perfect for first time buyers or…

Features

Elevator
Garage Under Building
Shopping Nearby
Room measurements8 rooms▸
Living RoomMain · 12'10 × 14'
Dining RoomMain · 8'7 × 13'7
KitchenMain · 7'10 × 12'
Eating AreaMain · 7'5 × 8'
Primary BedroomMain · 10'10 × 14'3
BedroomMain · 10' × 11'4
DenMain · 8'3 × 8'4
LaundryMain · 5'10 × 8'4

Property Details

MLS NumberR3119109
Property TypeApartment/Condo
Bedrooms2
Bathrooms2
Square Feet1,175
Year Built1993
Parking Spaces1
HeatingElectric, Natural Gas
Strata Fee$473.29/mo
Days on Market183
StatusActive
Listed ByeXp Realty of Canada Inc.

School Catchment

Elementary Terry Fox Elementary
Middle Chief Dan George Middle
Secondary W.J. Mouat Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$380,000Median home value
$59,200Median household income
57.6%Owner-occupied
4.2%Single-detached homes
2Avg household size
46Median age
23.9%Bachelor's degree or higher (25-64)
66.6%Commute under 30 min
87.1%Drive to work
30.1%Foreign-born residents
7,354Neighbourhood population

Age

Under 15: 12.4%15 to 64: 58.5%65 and over: 29.2%
  • Under 1512.4%
  • 15 to 6458.5%
  • 65 and over29.2%

Household size

  • 1 person43.6%
  • 235%
  • 310.4%
  • 46.3%
  • 5 or more4.7%

Language spoken at home

63.3% English mother tongue

  • Punjabi12%
  • German4.2%
  • English + other3.1%
  • Spanish1.9%
  • Korean1.8%
  • Tagalog1.4%
  • All others12.3%

Mother tongue, share of 7,230 residents.

How this pocket differs

  • notably fewer 5+ person households than Central Abbotsford 4.7% vs 7.4%
  • fewer 4-person households than Central Abbotsford 6.3% vs 8.4%
  • notably more German speakers than Central Abbotsford 4.2% vs 2.8%
  • Median household income is notably lower than Abbotsford-Mission $59,200 vs $91,000
  • Median dwelling value is notably lower than Abbotsford-Mission $380,000 vs $850,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Monthly Cost Calculator

Estimated monthly cost $2,643
Mortgage payment$1,970
Strata fee$473
Property tax$155
Home insurance$45
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Nov 2

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