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32059-32067 TIMS AVENUE 0.56 Acres of Commercial Land Offered at $1,388,888 CAD in Abbotsford, BC V2T 2H3
Investment Highlights
- Development-permit-ready site approved for 70 residential units with rooftop and courtyard amenities.
- Located in Abbotsford City Centre, a rapidly growing hub with strong housing demand.
- Close to retail, dining, and essential services, enhancing livability and marketability.
- Includes 88 vehicle parking stalls and 70 bicycle stalls to support urban mobility needs.
- Qualifies for CMHC initiatives, offering potential financing advantages for developers.
- Strong alignment with city plans for increased density and urban revitalization.
Executive Summary
Property Facts
| Price | $1,388,888 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.56 AC |
| Zoning | RS3 & RML - Residential | ||
| Price | $1,388,888 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.56 AC |
| Zoning | RS3 & RML - Residential |
1 Lot Available
Lot
| Price | $1,388,888 CAD | Lot Size | 0.56 AC |
| Price Per AC | $2,480,157.14 CAD |
| Price | $1,388,888 CAD |
| Price Per AC | $2,480,157.14 CAD |
| Lot Size | 0.56 AC |
The combined parcels at 32059 and 32067 Tims Avenue offer approximately 0.56 acres of development-ready land in Abbotsford City Centre. The site is level, fully serviced, and positioned within a walkable urban core surrounded by retail, dining, etc..
Description
The property consists of two adjacent parcels at 32059 and 32067 Tims Avenue in Abbotsford, British Columbia. Both parcels are currently improved with single-family residences and are being marketed together as a consolidated development site. The combined land area is approximately 0.56 acres. The site is located within the Abbotsford City Centre area, which is undergoing significant redevelopment and densification. The approved development concept includes a multi-story residential building with structured parking and bicycle storage. The location provides access to municipal utilities and is in proximity to commercial services, public transportation, and major roadways.
Presented by
32059-32067 TIMS AVENUE
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