2558 Adelaide Street, Abbotsford
HUGE opportunity in Abbotsford City Centre. This is a 15,276 sqft lot with a 3,887 sqft home in the City Centre Neighbourhood Plan. The OCP designates this for Urban 1 - Mid Rise which allows for Multi-Storey buildings including Low and Mid Rises, and integrated ground oriented units. The building heights are a minimum of 4 and a maximum of 6 Storeys: 1.5 to 2.5 FSR. The home features 5 bedrooms, 4 bathrooms, a massive Recreation Room & a large 2 bedrooom suite. BONUS: Detached 900 sqft shop/garage with a man cave/games room! Bring all your toys (boats & RVs) as there is room for 15 car parking! This is a great investment to own a development property with high rental income in the heart of Abbotsford!
Taxes (2021): $4,796.21