2010, 2026 & 2042 Eleanor Avenue

Abbotsford, British Columbia

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Building

Stats

Property Type Land - Multifamily
Size (Ac) 0.99
Price $8,275,000 CAD

Overview

The Avison Young Multi-Family Team is pleased to offer for sale 2010, 2026 & 2042 Eleanor Avenue, Abbotsford, BC (the “Property”). The Property comprises a 43,056 square foot residential development site in Abbotsford.

Highlights

City Council has given Approval in Principle (AIP) for a development permit application for a six-storey multi-family housing project at 2010 & 2026 Eleanor Avenue. The rezoning application has received third reading.

Opportunity to develop residential product at a 2.50 FSR given the recent subdivision

Recent Condo sales in Abbotsford for new product indicate an average price per square foot ranging from $690 - $776 (NHS Live)

Premier corner lot

Walking distance to shopping, groceries, and amenities