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Active
32372 & 32364 Hillcrest AVE Abbotsford, BC V2T 1T3
0.66 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type Asset
MLS Listing ID C8081215
Annual Tax Amount $4,499
Tax Year 2026
Lot Size 0.660 Acres
Property Sub-Type Multi Family
Property Description
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.
Location
State BC
Community Abbotsford West
Area Abbotsford
Zoning URBAN RES(RS3)
Exterior
Utilities Available Electricity Connected, Garbage Collection, Phone Connected, Sidewalk
Street Surface Paved
Others
Ownership Freehold