32345-32363 GEORGE FERGUSON WAY, Abbotsford

2024-05-01
 

Quick Summary

Location
32345-32363 GEORGE FERGUSON WAY, Abbotsford, British Columbia V2T2L2
Price
$11,950,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Video Link:

MLS®#R2877471

Property Description

Developer alert, presenting the offering of 0.72 acres of high-traffic land in Abbotsford's Clearbrook neighbourhood. This offering consists of two parcels - 32345 George Ferguson Way and 32363 George Ferguson Way. This development site is centrally located on a high-traffic street 1 minute away from commercial amenities (Gas Stations, Restaurants, Pharmacies, Retail). Although currently zoned RS-3 (Residential), the current NCP has this site designated for Urban Midrise (4 to 6 stories). A rezoning application (#PRJ19-088) is currently underway to rezone from RS-3 to RMM (Residential Multifamily). The current application is for two 6 storey apartment buildings with 93 units. This site has no structures and consists of cleared, flat land with trees. Arborist report available. The perfect development site for a purpose-built rental and to benefit from BC Government rental housing development incentives. (id:32467)

Property Features

Building

  • Fireplace: No

Land

  • Land Size: 31253.58 sqft

Ownership

  • Type: Freehold

Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2024-07-10 12:33:06


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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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