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33514 MAYFAIR Avenue
Central Abbotsford Abbotsford V2S 1P5

$5,500,000
Land Commercial, Multi-Family Commercial

Main Photo: 33514 MAYFAIR Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8060906
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8060906
This rare opportunity provides flexibility by offering a wide range of development projects that can be built on this site in one of the most sought after neighborhoods in Abbotsford. Additionally, this on-site properties provide ample holding income with further upside on the in place rents to reduce the overall cost as the purchaser prepares for their development. The three properties are situated on a combined 32,655 sf total land parcel with access from Mayfair Avene. The site is identified as part of the community plan proposed for Urban 1 Mid-rise, allowing for immediate development consisting of upwards of six storeys and up to a 2.5 FSR, providing excellent development potential. Address Includes 33476, 33492 & 33514 Mayfair Ave
Sale Type:
Asset
# of Apartments:
3
Lot Area:
32,655 sq. ft.
Acres Freehold:
0.75 acre(s)
Acres Leasehold:
0 sq. ft.
Land Use/Zoning:
RS-3
Permitted Use:
Mixed Use, Residential
Potential to Redevelop:
Yes
Env Assmt Phase:
No
  • Photo 1: 33514 MAYFAIR Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8060906
    Photo 1 of 1
Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated December 23, 2024 at 07:10 PM (UTC)
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