2191 Lumar Place, Abbotsford

$1,299,999

5 Beds
4 Baths
2,022 Sqft
1976

This property in the heart of Abbotsford presents an excellent opportunity for generating rental income. With a 2-bedroom basement suite & a studio suite, the potential rental income is substantial. The basement suite alone can bring in $1325, while the studio suite can generate $1000 per month. This, combined with an additional $2300 in rent from the main floor, totals an impressive $4825 in potential rental income. The property's convenient location near schools, shopping, and parks further adds to its appeal. With its strong rental income potential, this property is a promising investment opportunity for those seeking to maximize their returns.

Property Details
Price$1,299,999
Year Built1976
TypeResidential Detached
Sub-TypeHouse/Single Family
Style2 Storey w/Bsmt.
Finished Levels2
Main Floor1,201 sqft
Total Size2,022 sqft
Bedrooms5
Full Baths3
Half Baths1
Fireplaces1
BasementSeparate Entry
Property Taxes$4,569 /year
Title to LandFreehold NonStrata
Additional Information
MLS® #R2786632
Address2191 Lumar Place
SubdivisionCentral Abbotsford
AreaAbbotsford
ProvinceBC
Listing OfficeeXp Realty (Branch)
Amenities and Features
FeaturesClothes Washer/Dryer/Fridge/Stove/DW
Parking Spaces6
ParkingOpen
HeatingForced Air, Natural Gas
Lot Size
Lot Area7,200 sqft
Frontage60 ft
Depth120 ft
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Listing information last updated on April 28th, 2024 at 9:15pm PDT.