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32870 Bevan Way
Abbotsford, BC V2S 6R3
Land For Sale
·
2.42 AC
INVESTMENT HIGHLIGHTS
- Landmark development opportunity in Abbotsford's highly desirable Mill Lake area
- Located adjacent to the iconic Mahogany high-rise, providing strong precedent for mid-density development
- Includes a 25-unit townhome strata wind-up and two single-family homes
- Three-lot assembly totaling 2.42 acres, offering significant development scale
- Dual road frontage along Bevan Avenue and Bevan Way enhances accessibility and design flexibility
- Properties can be purchased together or separately, offering flexible acquisition options
EXECUTIVE SUMMARY
Landmark development opportunity to purchase a 3 lot assembly totaling 2.42 acres in Abbotsford's Mill Lake area. Located adjacent to the famous Mahogany development, the subject site has immediate precedent for mid density development. The site has dual road frontage along both Bevan Avenue and Bevan Way. Assembly includes 32848 & 32860 Bevan Ave, and 32870 Bevan Way. Properties can be purchased together or separately. Properties include a 25 unit townhome strata wind-up and 2 single family homes. Abbotsford's stage 3 proposed OCP designated this small pocket as Mill Lake South Urban Centre with a FAR up to 3.5. Priced at only $70/buildable sf. Call Devin Roberts for full info 604-354-7160!
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 3 | Proposed Use | Hold For Development |
| Property Type | Land | Total Lot Size | 2.42 AC |
| Zoning | RM45 - RM45 | ||
| Sale Type | Investment |
| No. Lots | 3 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hold For Development |
| Total Lot Size | 2.42 AC |
| Zoning | RM45 - RM45 |
3 LOTS AVAILABLE
Lot 32870
| Price | $18,000,000 CAD | Lot Size | 1.86 AC |
| Price Per AC | $9,677,419.35 CAD |
| Price | $18,000,000 CAD |
| Price Per AC | $9,677,419.35 CAD |
| Lot Size | 1.86 AC |
Improved with 25 townhome strata site.
Lot 32860
| Price | $4,000,000 CAD | Lot Size | 0.24 AC |
| Price Per AC | $16,666,666.67 CAD |
| Price | $4,000,000 CAD |
| Price Per AC | $16,666,666.67 CAD |
| Lot Size | 0.24 AC |
Improved with single family home
Lot 32848
| Price | $4,000,000 CAD | Lot Size | 0.32 AC |
| Price Per AC | $12,500,000.00 CAD |
| Price | $4,000,000 CAD |
| Price Per AC | $12,500,000.00 CAD |
| Lot Size | 0.32 AC |
Improved with single family home
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