Commercial Land for sale

32345-32363 George Ferguson Way, Abbotsford West, Abbotsford

$11,950,000 or
Commercial Land for sale in Abbotsford West, Abbotsford, Abbotsford, 32345-32363 George Ferguson Way, 224964707 | Realtylink.org
$11,950,000 or

Commercial Land for sale

32345-32363 George Ferguson Way, Abbotsford West, Abbotsford

Features

Lifestyle
224964707 11950000 /en/commercial-land~for-sale~abbotsford-west-abbotsford/224964707?view=Summary /en/commercial-land~for-sale~abbotsford-west-abbotsford/224964707/photos 49.0552900000 -122.3279100000 true
Year Built
Old Timer
Lot Size
31,254 sqft
Gross Property Tax
$20,837.80 /year
Zoning
RS3
Subject Property Width
276 ft
Subject Property Depth
114 ft
Permitted Land Use
Multifamily (5+), Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
83

Description

Developer alert, presenting the offering of 0.72 acres of high-traffic land in Abbotsford's Clearbrook neighbourhood. This offering consists of two parcels - 32345 George Ferguson Way and 32363 George Ferguson Way. This development site is centrally located on a high-traffic street 1 minute away from commercial amenities (Gas Stations, Restaurants, Pharmacies, Retail). Although currently zoned RS-3 (Residential), the current NCP has this site designated for Urban Midrise (4 to 6 stories). A rezoning application (#PRJ19-088) is currently underway to rezone from RS-3 to RMM (Residential Multifamily). The current application is for two 6 storey apartment buildings with 93 units. This site has no structures and consists of cleared, flat land with trees. Arborist report available. The perfect development site for a purpose-built rental project and to take advantage of BC Government incentives for rental multifamily construction.
MLS® Number C8059638

Listing REALTORS®

Paul Hague, REALTOR<sup>®</sup>

Paul Hague

REALTOR®

Sotheby's International Realty Canada

Sotheby's International Realty Canada,
Nicole Eastman, REALTOR<sup>®</sup>

Nicole Eastman

REALTOR®

Sotheby's International Realty Canada

Sotheby's International Realty Canada,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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