Commercial Land for sale
33476-33514 Mayfair Avenue, Central Abbotsford, Abbotsford
$5,500,000
Features
Gross Property Tax
$22,287.60 /year
Zoning
RS-3
Permitted Land Use
Mixed Use, Residential
Water Supply
Municipal
Sewer/Septic
Municipal/Community
Description
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
MLS® Number C8060906