3110 IMMEL STREET, Abbotsford
Exceptional 1.53-acre land assembly opportunity in one of Abbotsford's most desirable growth corridors. LOCATED ON 2 ROAD FRONTAGES. Combined site area totals 66,782 sq. ft. with city staff support for an Official Community Plan amendment from Urban 2 Ground Oriented to Urban 1 Midrise, allowing potential for a 6-storey residential development. At 2.5 FSR, the site offers approximately 166,955 buildable sq. ft. Offered at approximately $47/buildable sq. ft., presenting exceptional value for developers and investors. Prime location close to schools, shopping, parks, transit, and quick access to Highway 1, making it ideal for a future multifamily project in a high-demand area. Strong development upside supported by city staff for increased density, positioning this as a rare development opportunity in Abbotsford's growing residential market. (id:62865)
Status
Active
Year Built
1968
Property Type
House
Ownership
Freehold
Parking Spaces
8
Annual Tax
$4,501
Tax Year
2025
Data Source
Fraser Valley Real Estate Board
Bedrooms
3
Bathrooms
2
Living Area
2080 square feet
Architectural Style
Other, 2 Level
Basement
Finished, Full
Appliances
Lot Size
12001.0 sqft
Heating
Forced air, Natural gas
Water Source
Municipal water
Sewer
Sanitary sewer,Storm sewer
Utilities
$1,410,117
Office
Royal LePage Global Force Realty
Loan Amount:
$1,128,094
Estimated Monthly Payment:
$5,497
This is an estimate for informational purposes only. Consult with a financial advisor.
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