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32345-32363 George Ferguson Way Abbotsford, British Columbia V2T 2L2

$11,950,000

Developer alert, presenting the offering of 0.72 acres of high-traffic land in Abbotsford's Clearbrook neighbourhood. This offering consists of two parcels - 32345 George Ferguson Way and 32363 George Ferguson Way. This development site is centrally located on a high-traffic street 1 minute away from commercial amenities (Gas Stations, Restaurants, Pharmacies, Retail). Although currently zoned RS-3 (Residential), the current NCP has this site designated for Urban Midrise (4 to 6 stories). A rezoning application (#PRJ19-088) is currently underway to rezone from RS-3 to RMM (Residential Multifamily). The current application is for two 6 storey apartment buildings with 93 units. This site has no structures and consists of cleared, flat land with trees. Arborist report available. The perfect development site for a purpose-built rental project and to take advantage of BC Government incentives for rental multifamily construction. (id:46941)

Property Details

MLS® Number C8059638
Property Type Vacant Land

Building

Land

Acreage No
Size Irregular 31253.58
Size Total 31253.58 Sqft
Size Total Text 31253.58 Sqft

https://www.realtor.ca/real-estate/26826652/32345-32363-george-ferguson-way-abbotsford

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