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2517 Montvue Av 0.35 Acres of Commercial Land Offered at $2,700,000 CAD in Abbotsford, BC V2S 3V1
INVESTMENT HIGHLIGHTS
- Prime corner lot in Abbotsford’s historic downtown.
- Easy access for commuters.
- Potential for increased density via underground parking.
- Adjacent to new bus exchange and near South Fraser Hwy.
- Up to 95% lot coverage with flexible parking options.
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot 1
| Price | $2,700,000 CAD | Lot Size | 0.35 AC |
| Price Per AC | $7,812,680.85 CAD |
| Price | $2,700,000 CAD |
| Price Per AC | $7,812,680.85 CAD |
| Lot Size | 0.35 AC |
Level, previously-developed 15,054 sq. ft. lot for redevelopment.
DESCRIPTION
This 15,054 SF corner lot is zoned C7, allowing for a dynamic mix of commercial and residential uses including retail, apartments, offices, restaurants, and more. The site benefits from its adjacency to the newly approved bus exchange and proximity to South Fraser Highway, offering exceptional connectivity and visibility. The surrounding area is undergoing significant transformation, with new developments enhancing the vibrancy and walkability of the neighborhood. The zoning permits up to 95% lot coverage and a base FSR of 1.75, with potential for increased density through underground parking. Ground-floor commercial uses are exempt from parking requirements, and the city offers cash-in-lieu options for additional stalls, making redevelopment more flexible and cost-effective.
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2517 Montvue Av
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