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33941 ESSENDENE AVENUE, Abbotsford, British Columbia, V2S 2J1

MLS® # C8061599
Investment For Sale In Historic Downtown, Abbotsford, British Columbia
$6,000,000
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor With Exterior
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Living Room
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Living Room
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Kitchen
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Bedroom
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Other Room
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Laundry Room
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With Deck Patio Veranda
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC  - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC  - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC  - Outdoor
33941 Essendene Avenue, Abbotsford, BC  - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor With Exterior
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Living Room
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Living Room
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Kitchen
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Bedroom
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Other Room
33941 Essendene Avenue, Abbotsford, BC - Indoor Photo Showing Laundry Room
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With View
33941 Essendene Avenue, Abbotsford, BC - Outdoor With Deck Patio Veranda
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
33941 Essendene Avenue, Abbotsford, BC - Outdoor
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33941 ESSENDENE AVENUE, Abbotsford, British Columbia, V2S 2J1
$6,000,000

Property Information:

Discover a prime investment opportunity featuring a well-maintained 25-unit low-rise rental property with redevelopment potential. This income-generating asset includes a mix of studio, 1, 2, and 3-bedroom units strategically located in a high-demand area, ensuring stable returns and long-term growth potential. With a designation of 2.0 FSR in the Urban 1 Midrise zone, this property allows for 6 stories to be built with a total of 105,414 of buildable SF. Many of the units will have unobstructed east-facing views! (id:27)

Property Features:

  • Property Type: Multi-family

Courtesy of: The Firm Real Estate Services Ltd.

REALTOR.ca  

Location of 33941 ESSENDENE AVENUE, Abbotsford, British Columbia, V2S 2J1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

24 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

24 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 33941 ESSENDENE AVENUE , experiences 7 hot days per year at around 29.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 24 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past
29.8℃
2050
33.2℃

# Hot Days Per Year

Past
7
2050
24

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

97/100

High

ClimateCheck®

Current data

This property, 33941 ESSENDENE AVENUE , experiences 12 significant 2-day storms per year, with about 624.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 725.9mm of precipitation per year.

Precipitation Per Storm

Past
624.9mm
2050
725.9mm

48-Hour Storms Per Year

Past
12
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 33941 ESSENDENE AVENUE, Abbotsford, British Columbia, V2S 2J1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$109,654.98

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.63 %

High school certificate or equivalent

35.59 %

Apprenticeship trade certificate/diploma

10.72 %

College/non-university certificate

16.88 %

University certificate (below bachelor)

0.29 %

University Degree

18.89 %

Commuter

Travel To Work

By Car

88.06 %

By Public Transit

1.76 %

By Walking

4.9 %

By Bicycle

0.27 %

By Other Methods

5.01 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

50.12 %

Houses

49.88 %

Own Vs. Rent