2549 Montvue St - Apartments FOR SALE


Abbotsford, BC V2S 3V2
$4,299,000 CAD
236-233-8034
2549 Montvue St, Abbotsford, BC for Sale
$4,299,000 CAD
Apartments - FOR SALE
1/2
null | 4% Cap Rate

2549 Montvue St
Abbotsford, BC V2S 3V2


HIGHLIGHTS

  • Newly built mixed-use property featuring eight residential units and one commercial unit.
  • Expected gross annual income of approximately $174,415 with a 4% cap rate.
  • Located in downtown Abbotsford near Essendene Avenue with strong walkability and transit access.
  • Zoning allows for diverse commercial uses, supporting long-term adaptability.
  • Modern construction minimizes maintenance and enhances tenant appeal.

OVERVIEW

This newly constructed mixed-use property in the heart of Abbotsford offers a compelling investment opportunity with a modern design and income stability. The building features eight residential apartment units complemented by a ground-floor commercial space, creating a diversified revenue stream. With an expected gross annual income of approximately $174,415 and a reported cap rate of 4%, this asset provides predictable returns in a growing market.

FOR SALE DETAILS

PRICE

$4,299,000 CAD

PRICE/SF

$1,433 CAD /SF

# OF UNITS

8

PRICE/UNIT

$537,375

CAP RATE

4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,300 SF

ZONING

C7

APN/PARCEL ID

011-569-018

ASK ABOUT THIS PROPERTY

Steve KeresztveyColdwell Banker Executives RealtyMore Info
236-233-8034

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Steve KeresztveyColdwell Banker Executives RealtyMore Info
236-233-8034

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.