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$2,498,800

Abbotsford BC, V2S 3Z8

MLS® # C8074449

Property Information:

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:27)

Property Features:

  • Property Type: Multi-family

Courtesy of: eXp Realty of Canada, Inc., eXp Realty

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 2172 MCKENZIE ROAD, Abbotsford, British Columbia, V2S 3Z8

Demographic Information of 2172 MCKENZIE ROAD, Abbotsford, British Columbia, V2S 3Z8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$90,550.22

Average Number of Children

1.71

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.34 %

High school certificate or equivalent

36.71 %

Apprenticeship trade certificate/diploma

9.04 %

College/non-university certificate

16.03 %

University certificate (below bachelor)

2.49 %

University Degree

14.39 %

Commuter

Travel To Work

By Car

87.12 %

By Public Transit

3.96 %

By Walking

5.7 %

By Bicycle

0.12 %

By Other Methods

3.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.65 %

Houses

49.35 %

Own Vs. Rent