32372 & 32364 Hillcrest Avenue, Abbotsford, British Columbia

$4,598,000

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About 32372 & 32364 Hillcrest Avenue

Court-ordered sale. Rare opportunity to acquire a 29,086 SF development site comprised of three properties at 32372 & 32364 Hillcrest Avenue and 2558 Adelaide Street in Abbotsford. Designated Urban 1 - Midrise in the OCP, the site supports multifamily residential development within Abbotsford's Urban Core, close to amenities, transit, shopping, parks, and healthcare services. Currently zoned RS3 (Urban Residential), with a rezoning application to CD N100 having received Third Reading. Proposed redevelopment includes an 89-unit apartment project across two 6-storey buildings totaling approximately 70,605 SF GBA. Extensive planning work completed, including DP drawings, servicing and landscape plans, environmental studies, and rezoning approvals. Convenient access to Highway 1, South Fraser Way, Clearbrook Road, and Mount Lehman Road. Buyer to verify all development potential, approvals, and municipal requirements. (id:36535)

Features of 32372 & 32364 Hillcrest Avenue

Listing # C8081215
Price $4,598,000
Bathrooms 0.00
Type Multi-family

Community Information

Address 32372 & 32364 Hillcrest Avenue
City Abbotsford
Province British Columbia
Postal Code V2T1T3

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of Colliers

Listing Map