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32372 & 32364 HILLCREST AVENUE

City: Abbotsford
MLS® Number: C8081215
$4,598,000
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. (id:67659)

PROPERTY TYPE
Multi-family
BEDROOMS
N/A
TAXES
$4,499.17 (2026)
DWELLING TYPE
N/A
BATHROOMS
N/A
LOT AREA
N/A
TOTAL AREA
N/A
YEAR BUILT
N/A
STATUS
Active
Photos
Location
Listing Brokerage
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Contact Leanne Robb PREC

Call 778-918-4169 or email leanne.robb@westcoasthome.ca, or send a message about this listing.