2294 McKenzie Road, Abbotsford Listing #: R3162704

$2,980,000
8 Beds
8 Baths
3,920 Sqft
25,000 Lot SqFt
1954 Built


RARE INVESTMENT & DEVELOPMENT OPPORTUNITY! Situated on a 25,000 sq. ft. lot with approx. 250 ft. of frontage, this property offers income today with future upside. Currently improved with 8 one-bedroom rental units generating approx. $10,000/month gross income. A conceptual 6-lot subdivision and servicing plan has been prepared, offering exciting future development potential. Hold and collect revenue while exploring redevelopment possibilities. Buyer to verify development potential and requirements with the City of Abbotsford.
Taxes (2026): $13,323.11
Amenities: Common Area

Features
  • No Fire Sprinkler System
  • No Smoke Detector(s)
Site Influences
  • Central Location
  • Cul-De-Sac
  • Recreation Nearby
  • Wooded
  • Paved

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MLS Reciprocity

Listed By: RE/MAX Magnolia / Royal LePage Little Oak Realty

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