$2,295,000

Corner redevelopment site at the intersection of Montvue Avenue, Gosling Way and South Fraser Way in the heart of Historic Downtown Abbotsford. The site is improved with an existing single-family dwelling but is being offered as a development land opportunity. The block is undergoing significant revitalization. The City completed the Montvue Avenue realignment and the adjoining West Railway Plaza (grand opening May 23, 2026), and the new Montrose Transit Exchange opened approximately one block west in November 2024 (replacing the Bourquin Exchange). C7 permits a broad range of commercial and mixed-use principal uses, including retail, apartment, child care, restaurant, office, congregate housing and tourist accommodation, subject to the development regulations set out in Section 570 and the conditions of use applicable to apartment/congregate housing (ground floor must be designed for commercial use). (id:5764) Corner redevelopment site at the intersection of Montvue Avenue, Gosling Way and South Fraser Way in the heart of Historic Downtown Abbotsford. The site is improved with an existing single-family dwelling but is being offered as a development land opportunity. The block is undergoing significant revitalization. The City completed the Montvue Avenue realignment and the adjoining West Railway Plaza (grand opening May 23, 2026), and the new Montrose Transit Exchange opened approximately one block west in November 2024 (replacing the Bourquin Exchange). C7 permits a broad range of commercial and mixed-use principal uses, including retail, apartment, child care, restaurant, office, congregate housing and tourist accommodation, subject to the development regulations set out in Section 570 and the conditions of use applicable to apartment/congregate housing (ground floor must be designed for commercial use). (id:5764)