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33941 Essendene Ave

Essendene AveAbbotsford Historic DowntownAbbotsfordBC, V2S 2J1

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Beds
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Baths
$6,000,000
List Price
33941 Essendene Ave, Abbotsford, BC - 1 of 3
33941 Essendene Ave, Abbotsford, BC - 2 of 3
33941 Essendene Ave, Abbotsford, BC - 3 of 3
119 days on market

Quick Summary

  • Lucrative 25-unit rental property
  • Redevelopment potential with 2.0 FSR
  • Buildable area of 105,414 SF
  • Mix of studio, 1, 2, and 3-bedroom units
  • High-demand area for stable returns
  • Allows for 6-story construction
  • Many units with unobstructed east views
  • Well-maintained low-rise property

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... Show More

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! (id:54626)

Property Details

Source

Listing Brokerage

MLS® Listing
C8061599
Last Updated
October 23, 2024
Brokerage
The Firm Real Estate Services Ltd.
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