An opportunity to acquire a shovel ready apartment site in the heart of Abbotsford. Site is approved for 12-unit apartment building and qualifies for CMHC’s Apartment Construction Loan Program! Efficiently designed with surface parking – no underground parking! This is the perfect opportunity to build a rental asset to build wealth for the future. The site is in the City Centre and within walking distance to all amenities with public transit at your doorstep. The area is undergoing tremendous changes with multifamily development as noted by the Jem building just east of this site.

Exterior Features

Structures	Land Only

Building Details

Price	$1,389,900
Property Type	Land
Ownership Type	Freehold NonStrata
Community Features	Near Shopping
Utility Type	Sanitary Sewer Public, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource)	Public

Lot & Land

Lot Size	10275
Lot Size Depth	Feet
Lot Size Frontage	75
MLS^® #	R3086290
Area	Abbotsford
Neighbourhood	Abbotsford West
City	Abbotsford
Postal Code	V2T 2K6
Gross Taxes	$7,285.34
Zoning	RML

Property Timeline

Status	Date	Price
R3086290 / Active	02-03-2026	$1,389,900

Listed by: Real Broker B.C. Ltd. & Sutton Group-West Coast Realty (Abbotsford)

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
John Maclure Community School: Average; 1.19 km; 6.3/10
Middle
Colleen and Gordie Howe Middle School: 0.53 km
Secondary
W J Mouat Secondary School: 0.73 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St James: Above Average; 1.82 km; 7.7/10
Secondary
St. John Brebeuf: 1.83 km

Closest Transit

Bus Stop
George Ferguson 32080 block (WB): 0.05 km
Skytrain
West Coast Express @ Mission City Station: 9.10 km

Crime Rate

Total Crime Rate: Below Average
Violent Crime Rate: Below Average
Property Crime Rate: Average

Demographics

Post-Secondary Education: Below Average; 14.3%
No Certificate/Degree: Above Average; 26.3%
Owner Occupied: Below Average; 54.9%
Employment Rate: Below Average; 49.8%

Noise/ Power Lines

Road/Hwy Noise: Possible
Railway/Sky train Noise: Unlikely
Airport/Port Noise: Unlikely
Close to major Power Lines: Unlikely

Other

Agricultural Land Reserve (ALR): Unlikely
Flood Area: Unlikely
Close to Cemeteries: Unlikely

Mortgage Calculator for 32076 George Ferguson Way

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $607

Maintenance fee 0

A 20% down payment of $277,980 on this $1,389,900 listing yields an estimated mortgage of $5,308/month (30-year fixed, 4%). Total estimated housing cost: $5,915/month, $607 property tax.

or Call 778-918-5990

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Listing data last synced: Feb 9, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

With $4,336/month in estimated rental income against $6,092/month in mortgage payments, the monthly cashflow is -$1,756/month. A 47% down payment would reach break-even.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.