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2048 Olive Way
Abbotsford
V3V 0B6
$899,000
Residential
beds: 3
baths: 2.0
1,632 sq. ft.
built: 1957
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- R3023758
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1957
- Photos (33)
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**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!
- Property Type:
- Residential
- Dwelling Type:
- Single Family Residence
- Home Style:
- Basement Entry, Two Levels
- Ownership:
- Freehold NonStrata
- Manufactured Type:
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- Year built:
- 1957 (Age: 68)
- Living Area:
- 1,632 sq. ft.
- Floor Area - Unfinished:
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- Floor Area - Detached 2nd Residence:
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- Building Area - Total:
- 1,632 sq. ft.
- Levels:
- Two
- Rainscreen:
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- Bedrooms:
- 3 (Above Grd: 1)
- Bathrooms:
- 2.0 (Full:2/Half:0)
- Kitchens:
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- Rooms:
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- Taxes:
- $3,858.3 / 2024
- Lot Area:
- 5,564 sq. ft.
- Lot Frontage:
- 52'
- Lot Details:
- 52 x
- Exposure / Faces:
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- Rear Yard Exposure:
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- Outdoor Area:
- Fenced, Garden
- Pad Rental:
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- # or % of Rentals Allowed:
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- Water Supply:
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- Plan:
- NWP14950
- Construction Materials:
- Frame Wood, Mixed (Exterior)
- Foundation:
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- Basement:
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- Full Height:
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- Crawl Height:
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- Roof:
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- No. Floor Levels:
- 2.0
- Floor Finish:
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- Floor Area Fin - Above Grade:
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- Floor Area Fin - Above Main:
- 0 sq. ft.
- Floor Area Fin - Above Main 2:
- 0 sq. ft.
- Floor Area Fin - Main:
- 816 sq. ft.
- Floor Area Fin - Below Main:
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- Floor Area Fin - Below Grade:
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- Floor Area Fin - Basement:
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- Floor Area Fin - Total:
- 1,632 sq. ft.
- Heating:
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- Fireplaces:
- 0
- Patio And Porch Features:
- Patio
- Parking Features:
- Open
- Parking:
- Open
- # Of Parking Spaces - Total:
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- # Of Covered Spaces:
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- Flood Plain:
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- Suite:
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- Guest Suite, Storage
- Garden, Playground
- Garden, Playground, Laundry In Unit, Guest Suite, Storage
- Exterior Entry
- 1
- Laundry In Unit, Storage
- In Unit
- Floor
- Type
- Size
- Other
- Council Approval:
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- Income Per Annum:
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- Oper. Expenses:
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- Net Operating Income:
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- Age Restrictions:
- No
- GST Included:
- Yes
- Tax Utilities Included:
- false
- Dist to Public Trans:
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- Dist to School Bus:
- Signup
- Property Disclosure:
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- Fixtures Leased:
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- Fixtures Removed:
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- Home Owners Association:
- No
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View of front of house with driveway and a metal roof -
View of front of home featuring asphalt driveway and a metal roof
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Back of property with a patio and a gate
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Living room featuring light wood-style floors
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Kitchen featuring white appliances, healthy amount of natural light, decorative backsplash, light countertops, and recessed lighting
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Kitchen with white appliances, under cabinet range hood, light wood-style floors, white cabinetry, and recessed lighting
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Bar area featuring light wood-style floors and recessed lighting
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Bedroom with recessed lighting, wood finished floors, and a baseboard radiator
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Bedroom featuring light wood-style flooring, a spacious closet, ensuite bathroom, and a closet
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Spacious closet featuring wood finished floors
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Bedroom with light wood-style floors
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Full bath with vanity, a tile shower, wood finished floors, and a bathtub
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Bedroom with wood finished floors and recessed lighting
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Bathroom with tile walls and toilet
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Bedroom with light wood-style floors and recessed lighting
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Bathroom featuring toilet
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Office with wood finished floors and recessed lighting
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Full bathroom featuring vanity, a stall shower, and tasteful backsplash
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Kitchen featuring white electric stove, island range hood, healthy amount of natural light, and recessed lighting
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Kitchen featuring island range hood, white appliances, white cabinets, light countertops, and light wood-style floors
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Kitchen with white appliances, island exhaust hood, light wood-style flooring, white cabinets, and light countertops
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View of fenced backyard
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Fenced backyard featuring a trampoline and a playground
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View of yard with a patio
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Exercise room with a garage
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View of storage area
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Laundry area featuring cabinet space, washer and clothes dryer, light wood-type flooring, and recessed lighting
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Aerial overview of property's location featuring nearby suburban area
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Aerial overview of property's location featuring a mountain backdrop
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Aerial view of residential area
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Aerial view of property's location featuring mountains and nearby suburban area
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Aerial view of residential area
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Aerial view of property and surrounding area with a mountainous background
Listed by Century 21 Coastal Realty Ltd.
Data was last updated July 17, 2025 at 07:40 AM (UTC)
Area Statistics
- Listings on market:
- 401
- Avg list price:
- $565,000
- Min list price:
- $229,900
- Max list price:
- $3,999,900
- Avg days on market:
- 44
- Min days on market:
- 1
- Max days on market:
- 346
- Avg price per sq.ft.:
- $497.01
These statistics are generated based on the current listing's property type
and located in
Central Abbotsford. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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