Multifamily Real Estate Services

View Original

33330 Westbury Ave, Abbotsford

Sold for $1,530,000

$1,530,000

Sale Price

6

Townhome Units

1970

Year Built

$255,000

Cap Rate

DESCRIPTION

Sold 33330 Westbury Ave, Abbotsford for $1,530,000.

This complex of six townhomes was built in 1970. It’s located on a 159 x 115 ft lot and zoned RM45.

The complex is ready for renovation. Neighbouring strata 6plex was fully renovated. A similar renovation could be undertaken on this property to add value and increase rental potential.

Location is close to University of the Fraser Valley and the Abbotsford Hospital. Transportation routes are very close by creating convenience for anyone working in the region.

Property was sold off-market directly to a qualified purchaser.

SPECIFICATIONS

Property Type · Townhome Complex
Lot Size
· 18,285 Sq Ft
Suite Mix · 6 x 3-Bedroom Townhomes
Zoning · RM45
Parking · 18 Surface Parking Spaces

HIGHLIGHTS

  • Convenient Location Close to Transportation

  • Value-Add Property

LOCATION

33330 Westbury Avenue
Abbotsford BC

Legal Description
Lot 269 Plan NWP37033 Part1 SE Section 16 Township 16 Land District 36

PID
008-380-805

Assessed Value (2020)
$1,376,100

See this map in the original post