Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
+21 more
Property Snapshot
Key details for this listing
MLS #C8074449
Costs
Price, taxes and monthly charges
- List Price
- $2,133,800
- Taxes
- $9,786 (2025)
- Days on Market
- 320
- Status
- Active
Description
Exceptionally rare opportunity to acquire a 10-unit apartment building in Abbotsford. Properties of this size and quality are seldom available, making this a compelling offering for investors seeking stable income with future upside. The building features a diverse and functional unit mix consisting of 1-bedroom, 1 bedroom+den, and 2 bedroom suites, appealing to a broad tenant base. Current rents are strong, with an additional upside through future rental increases, offering the potential to enhance long-term cash flow. Major capital improvements have already been completed, including a new roof installed in 2024, along with building envelope and fascia upgrades completed in Summer 2025, significantly reducing near-term capital expenditures. Located in a high-demand rental area of Abbotsford, this property represents an ideal opportunity for investors seeking a well-maintained multi-family asset with value-add potential. (id:60351)
Full Listing Details
Address2172 MCKENZIE ROAD
MLS#C8074449
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
Days on Market320
Annual Tax$9,786 (2025)
StyleMultiplex
CityAbbotsford
ProvinceBritish Columbia
Postal CodeV2S3Z8
Annual Tax$9,786 (2025)
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