This 60' x 165' lot, offers an incredible opportunity for development. With small scale housing, this property has the potential for up to four units. Adding to the appeal, the neighbouring property has been designated for higher density which allows for uses like townhomes and row homes in the Official Community Plan (OCP). As the city continues to update their OCP, this lot could become an even more valuable asset. The fully renovated 4 bedroom home with a 2 bedroom basement provides great holding income, while you plan future development. Located within walking distance to Montrose Bus Exchange, which offers rapid bus service, this property provides excellent connectivity. Buyers to verify all development potential development and zoning details with the city of Abbotsford.
Listed by Homelife Advantage Realty (Central Valley) Ltd.
Data was last updated February 1, 2025 at 04:40 AM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$1,239,900
Min list price:
$309,900
Max list price:
$3,098,000
Avg days on market:
67
Min days on market:
1
Max days on market:
319
Avg price per sq.ft.:
$536.6
These statistics are generated based on the current listing's property type
and located in
Central Abbotsford. Average values are
derived using median calculations.
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