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32059 Tims Avenue
Abbotsford West Abbotsford V2T 2H3

$2,400,000
Commercial Land

Main Photo: 32059 Tims Avenue in Abbotsford: Abbotsford West Commercial Land for sale : MLS®# C8063784
Photo 1: 32059 Tims Avenue in Abbotsford: Abbotsford West Commercial Land for sale : MLS®# C8063784
Photo 2: 32059 Tims Avenue in Abbotsford: Abbotsford West Commercial Land for sale : MLS®# C8063784
Photo 3: 32059 Tims Avenue in Abbotsford: Abbotsford West Commercial Land for sale : MLS®# C8063784
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Status:
Active
Prop. Type:
Commercial Land
MLS® Num:
C8063784
Opportunity to acquire a Development permit approved 70 unit condo site - best value in Abbotsford at only $70/bsf! Located in the City Centre, it's a prime location to add density. Also, an ideal candidate for rental with it's central location. CMHC program could be a great fit. Designed with a central courtyard & rooftop amenity space. Unit mix: 4 Studio, 38 1-Bed, 30 2-Bed & 8 3-Bed units. 88 Parking stalls w/ 70 bike storage stalls. Both properties located at 32067 Tims Ave & 32059 Tims Ave are to be sold together see also MLS#C8063783.
Sale Type:
Asset
Property Type:
Commercial Land
Construction:
Frame Wood
Year built:
1965 (Age: 60)
Living Area:
2,250 sq. ft.
Subject Property Depth:
188'8"
Subject Property Width:
70'6"
Title to Land:
Freehold
Lot Area:
13,068 sq. ft.
Acres Freehold:
13,068 sq. ft.
Zoning:
Potential to Redevelop:
MULTIFAMILY DEVELOPMENT PERMIT ISSUED, RQST DATA ROOM, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air
Electricity:
Yes
Services Connected:
Electricity Connected, Natural Gas Connected, Phone Connected, Sidewalk, City Water at Lot Line
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
009856552
Taxes:
$9,677.6 / 2024
No
1.25%
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
MULTIFAMILY DEVELOPMENT PERMIT ISSUED, RQST DATA ROOM, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Sutton Group-West Coast Realty (Abbotsford)
Data was last updated April 2, 2025 at 09:40 AM (UTC)