


Multi-family
32372 & 32364 HILLCREST AVENUE, Abbotsford
$4,598,000
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MLS® Number
C8081215
Listed by:
Colliers
About This Property
Court-ordered sale. Rare opportunity to acquire a 29,086 SF development site comprised of three properties at 32372 & 32364 Hillcrest Avenue and 2558 Adelaide Street in Abbotsford. Designated Urban 1 - Midrise in the OCP, the site supports multifamily residential development within Abbotsford's Urban Core, close to amenities, transit, shopping, parks, and healthcare services. Currently zoned RS3 (Urban Residential), with a rezoning application to CD N100 having received Third Reading. Proposed redevelopment includes an 89-unit apartment project across two 6-storey buildings totaling approximately 70,605 SF GBA. Extensive planning work completed, including DP drawings, servicing and landscape plans, environmental studies, and rezoning approvals. Convenient access to Highway 1, South Fraser Way, Clearbrook Road, and Mount Lehman Road. Buyer to verify all development potential, approvals, and municipal requirements. (id:65271)
Systems & Interior
Structure & Parking
Full Listing Specifications
- MLS® Number
- C8081215
- Property Type
- Multi-family
- Bedrooms
- 0
- Bathrooms
- 0
- Annual Taxes
- $4,499
- City
- Abbotsford
- Postal Code
- V2T1T3
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Neighbourhood Insight
Location
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$4,598,000
MLS® C8081215
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"At 4.84%, focus on the 25yr term to maximize early equity growth."
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Call Alex About Pre-ApprovalThe data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Greater Vancouver REALTORS®. 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 the Greater Vancouver REALTORS® which assumes no responsibility for its accuracy. The information is deemed reliable but not guaranteed.
