Clearbrook Portfolio
33499-33509 Marshall Road and 33514-33476 Mayfair Avenue, Abbotsford, BC
FOR SALE
Property Details
- Total Combined Site Area 2.18 Acre
- Floor Space Ratio 2.0 - 2.5
- 33499 Marshall Road Zoning RM45 - Medium Density Townhouse Zone
- 33509 Marshall Road Zoning RM60 - High Density Townhouse Zone
- 33514-33476 Mayfair Avenue Zoning RS-3 - Urban Residential
- Land Use Designation Urban 1-Mid-rise
- 33499 Marshall Road Suite Mix 3-Bed-2-Bath: 15
- 33499 Marshall Road Net Rentable Area 27,000 sf
- 33509 Marshall Road Suite Mix 1-Bed-1-Bath: 1 | 2-Bed-1-Bath: 11
- 33509 Marshall Road Net Rentable Area 9,600 sf
- Pricing Guidance Please Contact Listing Agents
Opportunity
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
