RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development potential and requirements with the City of Abbotsford.
Property Type:
Residential Income
Dwelling Type:
Other
Home Style:
Other
Ownership:
Freehold NonStrata
Year built:
1954
(Age: 72)
Living Area:
3,920 sq. ft.364 m2
Building Area - Total:
3,920 sq. ft.364 m2
Bedrooms:
8
(Above Grd: 8)
Bathrooms:
8.0
(Full:8/Half:0)
Taxes:
$13,323.11 /
2026
Lot Area:
25,000 sq. ft.2,323 m2
Lot Frontage:
250'76.2 m
Lot Features:
Central Location, Cul-De-Sac, Recreation Nearby, Wooded
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