Arun Rahul Group

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HILLCREST Avenue, Abbotsford
HILLCREST Avenue, Abbotsford
HILLCREST Avenue, Abbotsford
HILLCREST Avenue, Abbotsford

HILLCREST Avenue, Abbotsford, British Columbia

$4,598,000

About 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:66920)
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$21,504
/month · principal + interest

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Listing courtesy of Fraser Valley Real Estate Board.
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