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101 2991 TRETHEWEY Street
Abbotsford West Abbotsford V2T 3R4

$4,899,000
Land Commercial, Multi-Family Commercial

Main Photo: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Photo 1: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Photo 2: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Photo 3: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Photo 4: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Photo 5: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Photo 6: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8054277
Build. Type:
Low Rise (2-4 stories)
Introducing a prime investment opportunity in the heart of Abbotsford, This unique offering includes fully-assembled 8-strata lots, presenting significant rental income potential. This property has redevelopment potential for up to 6 storeys at 2.5 FSR, making it a valuable asset for savvy investors/developers who are seeking longterm gains. The building is well-maintained, offers 2 bed 1 bath units, providing comfortable living space for tenants. Each unit has its own entrance, kitchen, bath, living area & balcony. This building is perfect for investors looking for a low-maintenance, high-reward property. The city's booming economy and growth make it an ideal location for investment, with potential for even greater demand for rental units in the future. Contact us today to schedule a viewing and see for yourself why this property is the perfect addition to your portfolio. Don't miss out on this incredible opportunity. Address includes units 101,102,103,104,201,202,203 &204 2991 TRETHEWEY ST.
Sale Type:
Asset or Share
Construction:
Mixed
Building Type:
Low Rise (2-4 stories), Multiple Tenant/Multi-Plex (5+)
Name of Complex/Subdivision:
# Bldgs:
1
# Units:
8
# Other Units:
# of Appartments:
8
# of Studio Appartments:
0
# of Penthouse Appartments:
0
# of Bachelor Appartments:
0
# of 4+ Bedroom Appartments:
0
# of 1 Bedroom Appartments:
0
# of 2 Bedroom Appartments:
8
# of 3 Bedroom Appartments:
0
# Storeys:
2.0
Year built:
999 (Age: 1,024)
Total Floor Area:
10,000 sq. ft.
Lot Area:
22,750 sq. ft.
Land Use/Zoning:
RM60
Permitted Use:
Multifamily (5+), Residential
Taxes:
$9,000 / 2023
# Elevators:
0
Services Connected:
Electricity, Natural Gas, Telephone, Sanitary Sewer, Sewer - Storm
Water Supply:
Municipal
HVAC:
Baseboard
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
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  • Photo 2: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
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  • Photo 6: 101 2991 TRETHEWEY Street in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8054277
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Listed by Homelife Advantage Realty (Central Valley) Ltd.
Data was last updated September 28, 2023 at 10:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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