A rare 2.06-acre infill site in East Abbotsford, Development permit has been approved for 51 townhomes in a high-demand, supply-constrained market. This flat, serviced lot is minutes from Hwy 1, Costco, Walmart, Cactus Club and Delair Park. The project features spacious 3 & 4-bedroom townhomes. Close to the University of the Fraser Valley, this centrally located opportunity is ideal for developers looking to capitalize on Abbotsford’s growing market. Abbotsford has 75 % lower development fees and taxes than neighboring municipalities in the GVRD.
| View Description | Mountains and farmland |
|---|---|
| Structures | Land Only |
| Price | $9,945,000 |
|---|---|
| Property Type | Land |
| Building Name | Rancho |
| Ownership Type | Freehold Strata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 2.06 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 718 |
| MLS® # | R3084925 |
| Area | Abbotsford |
| Neighbourhood | Abbotsford East |
| City | Abbotsford |
| Postal Code | V2T 5H2 |
| Gross Taxes | $48,612.5 |
| Zoning | N72 |
Listed by: 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Comparable data is unavailable at the neighbourhood level. City-wide in Abbotsford, similar properties average $5,342,833 across 3 active listings — this listing is 86.1% above the Abbotsford average.
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