Commercial Land for sale
33746-33514 Mayfair Avenue, Central Abbotsford, Abbotsford
$5,500,000
Features
Lot Size
32,655 sqft
Gross Property Tax
$22,287.60 /year
Zoning
RS-3-URBAN RESIDENTI
Permitted Land Use
Multifamily (5+)
Description
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.
MLS® Number C8067504