Fraser Ridge presents a rare opportunity to acquire a 12-storey concrete rental apartment building in the heart of Abbotsford, BC. The property features 69 residential units and 11,000 sf of commercial space at grade, offering a diversified income stream. With nearly $1 million invested in capital improvements, including a renovated lobby and upgraded parking infrastructure, Fraser Ridge is well-positioned for both immediate cash flow and long-term appreciation. Located along South Fraser Way, the property benefits from Abbotsford’s strong economic growth and proximity to Vancouver, making it an attractive investment in one of the fastest-growing markets in the Lower Mainland. The city’s expanding population, robust employment base, and limited supply of concrete rental towers create significant upside potential. This asset offers stabilized net operating income of $584,806 and clear title, making it ideal for investors seeking a secure, income-producing property with future redevelopment possibilities.