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32059 TIMS Avenue in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8063784

32059 TIMS Avenue Abbotsford V2T 2H3 : Abbotsford West

Main Photo: 32059 TIMS Avenue in Abbotsford: Abbotsford West Land Commercial for sale : MLS®# C8063784
$2,400,000
Prop. Type:
Land Commercial
MLS® Num:
C8063784
Status:
Active
Opportunity to acquire a Development permit approved 70 unit condo site - best value in Abbotsford at only $70/bsf! Located in the City Centre, it's a prime location to add density. Also, an ideal candidate for rental with it's central location. CMHC program could be a great fit. Designed with a central courtyard & rooftop amenity space. Unit mix: 4 Studio, 38 1-Bed, 30 2-Bed & 8 3-Bed units. 88 Parking stalls w/ 70 bike storage stalls. Both properties located at 32067 Tims Ave & 32059 Tims Ave are to be sold together see also MLS#C8063783.
Sale Type:
Asset
Construction:
Wood Frame
Name of Complex/Subdivision:
# Other Units:
Year built:
1965 (Age: 60)
Total Floor Area:
Switch units of measure2,250 sq. ft.
Lot Area:
Switch units of measure13,109 sq. ft.
Acres Freehold:
Switch units of measure13,068 sq. ft.
Lot Depth:
188.65
Lot Frontage:
Switch units of measure70'6"
Land Use/Zoning:
RS3
Permitted Use:
Multifamily (5+)
Taxes:
$9,677.6 / 2024
Services Connected:
Electricity, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Sewer - Storm, Sidewalk, City Water at Lot Line
Water Supply:
Municipal
HVAC:
Forced Air
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by Sutton Group-West Coast Realty (Abbotsford)
Data was last updated January 15, 2025 at 06:10 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2025 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.