Contacts
Avison Young - Vancouver
Avison Young
Avison Young
Avison Young
Property Details
- Property Type Other
- Date Updated Apr 3, 2025
The Avison Young Multi-Family Team presents an exceptional five-property portfolio, offering prime income-producing assets and a high-potential development site in one of Abbotsford’s most sought-after neighborhoods. Strategically located along Marshall Road and Mayfair Avenue, this portfolio provides flexibility for investors, offering both stable holding income and future redevelopment potential.
The Marshall Road properties (Levi Court & Jacob’s Court) are fully leased income generating multi-family assets, providing immediate cash flow with strong rental upside. These well-maintained properties benefit from Abbotsford’s low vacancy rates and increasing demand for quality rental housing.
The Mayfair Avenue properties (33476, 33492 & 33514 Mayfair Avenue) represent a prime redevelopment opportunity with significant value-add potential. Identified within the Official Community Plan (OCP) as Urban 1 Mid-Rise, the site allows for densification up to six storeys with a potential 2.5 FSR, making it an ideal project for multi-family development.
*Further information is available through the execution of a Confidentiality Agreement
Reach out to the broker for more info on lease terms and amenities
Highlights
- 5 buildings in close proximity to each other, with 2 being multi-family buildings
- The properties front both Mayfair Avenue and Marshall Road, providing access from two roadways
- Levi Court and Jacob's Court boasts recent capital upgrades ensuring long-term durability
- The Portfolio has significant rental upside with the opportunity to modernize the suites upon turnover and re-lease at market rents
- There is no rental replacement required based on the zoning. Developers can build condo or purpose-built rental at their discretion
Getting around
-
74/100
Walk Score ®
-
58/100
Transit Score ®
-
64/100
Bike Score ®
Location
- City Abbotsford, BC
- Neighborhood Mill Lake
Points of Interest
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Abbotsford
5.44 miles
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Mission City
6.56 miles
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Canco
0.10 miles
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Shell
0.13 miles
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Esso
0.20 miles
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Chevron
0.22 miles
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FLO
0.39 miles
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Petro-Canada
0.43 miles
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Hub Motor Service
0.78 miles
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ChargePoint
0.82 miles
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Superior Propane
1.01 miles
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GE
1.22 miles
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Visitor Parking
0.19 miles
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McCallum Road Park and Ride
0.50 miles
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BD Diesel - Lot #1950
0.52 miles
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Staff Parking
0.52 miles
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All Day Free Parking
0.65 miles
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NOFEM Paid Parking
0.71 miles
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Impark
0.71 miles
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Parking Lot 4
0.75 miles
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Baker House
1.03 miles
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Super 8 by Wyndham Abbotsford BC
1.23 miles
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The Coast Abbotsford Hotel & Suites
1.25 miles
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Travelodge by Wyndham Abbotsford Bakerview
1.27 miles
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Sandman Hotel & Suites Abbotsford
1.34 miles
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Best Western Plus Regency Inn & Conference Centre
1.74 miles
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Alpine Inn
1.74 miles
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Abbotsford Hotel
1.94 miles
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Clarion Hotel & Conference Centre
3.13 miles
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Deer Trail Guest House
3.42 miles
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Newgen Professional Centre
0.15 miles
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Onyx Plaza
0.17 miles
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McCallum Junction
0.32 miles
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McCallum Centre Mall
0.40 miles
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Dragon Fort Centre
0.51 miles
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College Park Centre
0.61 miles
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Five Corners
0.65 miles
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South Fraser Plaza
0.67 miles
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Abbotsford Centre Mall
0.73 miles
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M-L Plaza
0.74 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
