32383 Downes Road, Abbotsford | MLS: C8076177

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32383 Downes Road
Matsqui Abbotsford V4X 1X3

$11,500,000
Land Commercial, Multi-Family Commercial

Main Photo: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 1: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 2: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 3: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 4: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 5: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 6: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 7: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 8: 32383 Downes Road, Abbotsford | MLS: C8076177
Photo 9: 32383 Downes Road, Abbotsford | MLS: C8076177
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8076177
23.65 acres on Downes Rd and within the urban boundary of Abbotsford. Out of the ALR. A very unique property that deserves a keen vision for the future. Currently zoned CR Country Residential but in the OCP Land use as SSMUH-4 which allows up to 4 units per lot. The City of Abbotsford may look at higher density and or school/assembly use. The land is rolling with outstanding views to the north. There is a large ravine that dissects the property which creates several large building sites and would create a very special development. Property is currently used for farming and has a very liveable older home plus several outbuildings, Very close to MEI and the soon to be built Khalsa School. Only 5 mins to the city center, Municipal water and sewer at the road. Appointments required to view the property
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial, Multi-Family Commercial
Subject Property Depth:
765'
Subject Property Width:
1344'
Lot Area:
23.7 acre(s)
Acres Freehold:
23.65 acre(s)
Current Use:
Cattle
Zoning:
Potential to Redevelop:
City of Abbotsford will consider increased density, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection, Natural Gas Connected, Phone Connected, Sanitary sewer at LotLine, City Water at Lot Line
Sewer:
Septic Tank
Parcel Number:
005789672
Taxes:
$915 / 2023
No
No
Water Supply:
Well Drilled, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
City of Abbotsford will consider increased density, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Larger map options:
Listed by Sutton Group-West Coast Realty (Abbotsford)
Data was last updated September 2, 2026 at 11:35 PM (UTC)
Rod Friesen & Associates
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