For Sale · Land

2744 PLATFORM CRESCENT, Abbotsford

2744 PLATFORM CRESCENT, Abbotsford, BC V4X0B8

$679,998 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

88%

Lot Size

0.12152662993572085 ac

About this property

Brand new residential subdivision with 14 large premium building lots on Platform Crescent. The Adjacent lot also available to purchase! This lot is excellent in size at 43 feet wide and over 123 feet deep. Great for families looking to Build a dream home with a beautiful backyard on a nearly flat property! Excellent neighbourhood for families. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$680K
Down payment30% · $204K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$29K

Annual cash flow

$-8K

Cash-on-cash

-4.01%

DSCR

0.78

Going-in cap

4.34%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

51,376

Households

22,516

Median income

$129,000

Median age

38.4

Daytime population

55,519

5-yr growth

3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2744 PLATFORM CRESCENT, Abbotsford.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.