What does Abbotsford’s Salton Road OCP change mean for value?

Abbotsford’s Salton Road OCP change signals apartment potential, but land value still depends on assembly, approvals, soil conditions, and timing.

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Does Abbotsford’s Salton Road OCP change mean your property should be valued differently? Probably: it may carry some future apartment-land potential, with a substantial discount for uncertainty. A proposed policy change can affect how land is priced, marketed, and held before a building is approved. It does not make redevelopment practical by itself. The City is proposing a City-initiated Official Community Plan amendment for 37 properties on Salton Road, Shore Crescent, and Gilmour Drive. The amendment would support future apartment rezoning applications in part of the area. For owners, the task is to understand what that direction adds to today’s value—and what still stands between a property and an apartment site. ## What the Salton Road OCP change actually opens up The public notice identifies 37 subject properties: 19 on Salton Road, 10 on Shore Crescent, and 8 on Gilmour Drive. A separate administrative change at 1853 Shore Crescent would recognize the existing park. Council Report PDS 031-2026 and the City’s engagement material explain the apartment proposal more specifically. Staff say Area 1 would shift from SSMUH2 to APARTMENT. Existing OCP Policy 3.34 already frames tha