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$2,699,900

5038 RIVERSIDE STREET

Abbotsford BC V4X 1W9 - Matsqui
4 bd
3 ba
2,312 sqft
Built 1972

About This Property

2 Homes & Shop on 20 Acres – Income Potential! This versatile 20-acre property features a fully renovated 2,300+ sq ft main home with 4 bedrooms, along with a separate 3-bedroom cottage—ideal for extended family or rental income. A large 60' x 90' shop with 300-amp power, four storage containers, and an additional office building offers excellent space for…

Features

Guest Suite
Storage
Carport Multiple
Room measurements10 rooms▸
Living RoomMain · 16'0 × 27'0
Dining RoomMain · 16'0 × 10'0
KitchenMain · 11'0 × 13'0
Family RoomMain · 14'0 × 24'0
Primary BedroomMain · 14'0 × 16'0
BedroomMain · 12'0 × 12'0
BedroomMain · 12'0 × 12'0
BedroomMain · 12'0 × 12'0
OtherMain · 8'0 × 12'
KitchenMain · 8' × 6'

Property Details

MLS NumberR3118138
Property TypeSingle Family Residence
Bedrooms4
Bathrooms3
Square Feet2,312
Lot Size857,696.4 sqft
Year Built1972
Parking Spaces1
HeatingElectric, Forced Air
StatusClosed
Listed ByCentury 21 Coastal Realty Ltd.

School Catchment

Elementary Mathxwi Elementary
Middle Clayburn Middle
Secondary Robert Bateman Secondary

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$112,000Median household income
77.8%Owner-occupied
70.4%Single-detached homes
3.2Avg household size
39.2Median age
17.4%Bachelor's degree or higher (25-64)
67.8%Commute under 30 min
92.7%Drive to work
22.3%Foreign-born residents
3,518Neighbourhood population

Age

Under 15: 19%15 to 64: 62.4%65 and over: 18.6%
  • Under 1519%
  • 15 to 6462.4%
  • 65 and over18.6%

Household size

  • 1 person17.2%
  • 234%
  • 313.5%
  • 412.1%
  • 5 or more23.3%

Language spoken at home

71.1% English mother tongue

  • Punjabi17.1%
  • English + other3.6%
  • German2.1%
  • Dutch1.4%
  • French0.6%
  • Spanish0.4%
  • All others3.7%

Mother tongue, share of 3,515 residents.

How this pocket differs

  • fewer people living alone than Abbotsford 17.1% vs 24.7%
  • more 5+ person households than Abbotsford 23.1% vs 16.5%
  • fewer Punjabi speakers than Abbotsford 17.1% vs 22.6%
  • Median household income is higher than Abbotsford-Mission $112,000 vs $91,000

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

Land & Development

Lot size852,492 sqft
Lot dimensions668 × 1315 ft
Lot shapeRectangular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $13,914
Mortgage payment$12,476
Property tax$1,167
Home insurance$270
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 4

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