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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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2048 Olive Way, Abbotsford
MLS®: R3023758
1632
Sq.Ft.
2
Baths
3
Beds
5,564
Lot SqFt
1957
Built
$0.00
Maint. fees
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Description
**First-time buyers, investors & developers alert!** No strata – you own the land! This renovated 2-storey home sits on a lot with **future development potential** in a prime location near schools, the University of the Fraser Valley, and easy highway access. Featuring 3 bedrooms and 2 bathrooms, it includes a spacious 1-bedroom suite with a separate entrance—ideal for rental income or extended family. Updates include a modern kitchen with quartz countertops, stainless steel sink, new cabinets, wood flooring, and more. Large backyard and move-in ready—don’t miss out!
Taxes (2024): $3,858.30
Amenities
Garden
Playground
Guest Suite
Storage
In Unit
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