33941 ESSENDENE AVENUE Active Save Request In-Person Tour Request Virtual Tour
Abbotsford,BC V2S 2J1
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $300
Subdivision Central Abbotsford
MLS Listing ID C8061599
Year Built 1965
Annual Tax Amount $21,132
Tax Year 2023
Property Description
Discover a prime investment opportunity featuring a well-maintained 25-unit low-rise rental property with redevelopment potential. This income-generating asset includes a mix of studio, 1, 2, and 3-bedroom units strategically located in a high-demand area, ensuring stable returns and long-term growth potential. With a designation of 2.0 FSR in the Urban 1 Midrise zone, this property allows for 6 stories to be built with a total of 105,414 of buildable SF. Many of the units will have unobstructed east-facing views!
Location
Province BC
Community Central Abbotsford
Area Abbotsford
Zoning British Columbia Default Zone
Exterior
Roof Type Tar & Gravel
Building
Dwelling Type Multi-Family Commercial
Story 3
Water Municipal
Structure Type Wood Frame