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Abbotsford industrial site sold at full price after 99 calls in first day

The 1.05-acre site, not zoned for but recognized as industrial in the city’s official community plan, sold with multiple offers at $2.98 million.
Western Investor Staff
2015 Townline, Abbotsford.
Bob Edwards Real Estate Group, Exp Realty, Abbotsford, for Western Investor

Type of property: Development land (industrial)

Location: 2015 Townline Road, Abbotsford, B.C.

Land size: 45,700 square feet

Land size in acres: 1.05 acres

Current zoning: A1 (agricultural)

OCP potential: Industrial

BC Assessment value: $1.67 million

List price: $2.98 million

Sale price: $2.98 million

Date of sale: February 26, 2021

Brokerage: Bob Edwards Real Estate Group, Exp Realty, Abbotsford

Broker:Bob Edwards