29464 RIVER ROAD

Description

Rare opportunity to acquire an 8.15-acre property NOT in the ALR with prime frontage along the Fraser River in Abbotsford. The property includes a 3-bedroom, 1-bathroom residence, along with two barns measuring approximately 4,000 sq. ft. and 6,000 sq. Ft. Zoned A2, the property benefits from a legal non-conforming use permitting multiple dwellings and is currently operating as Angie's RV Park, featuring 22 RV pads. With a potential gross annual income exceeding $275,000, this property offers an outstanding opportunity for investors seeking stable cash flow with future upside. Don't miss this unique chance to own a revenue-generating Fraser River property in a highly desirable location. (id:63159)

Property Details

Annual property tax

$7,879.91 (2026)

Brokerage

Advantage Property Management

Location Insights

Population

153,524

(2021 Census)

+8.6% since 2016

Density

409/km²

Dwellings

55,659

Median household income

$90,000

After-tax

$81,000

Immigrant population

28.6%

Top countries of origin

• India15.5% · 23,835
• United Kingdom1.5% · 2,315
• Philippines1.1% · 1,730
• United States of America0.9% · 1,395
• Netherlands0.6% · 890
• Viet Nam0.6% · 880
• Korea, South0.6% · 845
• China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Weather

23°C

Mostly Cloudy

Humidity 54%

Wind WSW 7 km/h

Today

24°

Tonight

14°

Thursday

21°

Thursday night

11°

Friday

20°

Friday night

13°

Source: Environment and Climate Change Canada.