32076 George Ferguson Way 0.24 Acres of Residential Land Offered at $1,389,900 CAD in Abbotsford, BC V2T 2K6

This site is located in Abbotsford's City Centre, the city's primary commercial and residential core and one of the strongest rental markets in the Fraser Valley. The area is surrounded by major shopping, restaurants, transit routes, parks, medical services, and everyday amenities - all within minutes of the property - making it extremely attractive to long-term tenants who want convenience and walkability. City Centre is also a major focus of Abbotsford's long-term growth and redevelopment, with the City actively encouraging higher-density residential projects and investment in the area. As this urban core continues to evolve, demand for well-located rental housing is expected to remain strong, supporting both stable cash flow and long-term appreciation for investors. This is a permit-ready 12-unit apartment site in Abbotsford's City Centre with surface parking and no underground construction, keeping development costs low and margins strong. The project qualifies for CMHC's Apartment Construction Loan Program, providing access to high-leverage, low-cost financing. With approvals in place and strong rental demand in the area, this site offers a rare opportunity to move straight into construction with reduced risk and accelerated returns.