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2549 Montvue St 8 Unit Apartment Building $3,082,825 USD ($385,353 USD/Unit) 4% Cap Rate Abbotsford, BC V2S 3V2
Investment Highlights
- Newly built mixed-use property featuring eight residential units and one commercial unit.
- Located in downtown Abbotsford near Essendene Avenue with strong walkability and transit access.
- Modern construction minimizes maintenance and enhances tenant appeal.
- Expected gross annual income of approximately $174,415 with a 4% cap rate.
- Zoning allows for diverse commercial uses, supporting long-term adaptability.
Executive Summary
This newly constructed mixed-use property in the heart of Abbotsford offers a compelling investment opportunity with a modern design and income stability. The building features eight residential apartment units complemented by a ground-floor commercial space, creating a diversified revenue stream. With an expected gross annual income of approximately $174,415 and a reported cap rate of 4%, this asset provides predictable returns in a growing market.
Property Facts
| Price | $3,082,825 USD | Apartment Style | Low-Rise |
| Price Per Unit | $385,353 USD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 4% | Building Size | 3,000 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Cross Streets | Essendene |
| Zoning | C7 - Commercial | ||
| Price | $3,082,825 USD |
| Price Per Unit | $385,353 USD |
| Sale Type | Investment |
| Cap Rate | 4% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 3,000 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Cross Streets | Essendene |
| Zoning | C7 - Commercial |
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Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
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Presented by
Coldwell Banker Executives Realty
2549 Montvue St
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