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33746-33514 MAYFAIR Avenue
Central Abbotsford Abbotsford V2S 1P5

$5,500,000
Land Commercial

Aerial view
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8067504
The Avison Young Multi-Family team is pleased to present a rare and highly flexible development opportunity in one of Abbotsford's most sought-after neighborhoods. The Mayfair Avenue properties (33476, 33492 & 33514 Mayfair Avenue) offers significant value-add potential, with zoning designated as Urban 1 Mid-Rise in the Official Community Plan (OCP). This prime site allows for densification of up to six storeys with a potential 2.5 FSR, making it an exceptional opportunity for multi-family development. Ideally situated in a rapidly growing area, the properties are just minutes from key amenities, including shopping centers, schools, parks, and transit options, ensuring convenience for future residents. With easy access to major transportation routes and Abbotsford's vibrant city core, this location is perfectly positioned for long-term growth and investment potential.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
# of Apartments:
3
Lot Area:
32,655 sq. ft.
Land Use/Zoning:
RS-3-URBAN RESIDENTI
Permitted Use:
Multifamily (5+)
Taxes:
$22,287.6 / 2024
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 33746-33514 MAYFAIR Avenue in Abbotsford: Central Abbotsford Land Commercial for sale : MLS®# C8067504
    Aerial view
Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated March 20, 2025 at 01:10 AM (UTC)
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