32372 & 32364 HILLCREST AVENUE

Abbotsford · MLS® C8081215

House · Multi-family · 57 days on market

Listed by Raj Sidhu, Colliers

Realtor's description

Court-ordered sale. Rare opportunity to acquire a 29,086 SF development site comprised of three properties at 32372 & 32364 Hillcrest Avenue and 2558 Adelaide Street in Abbotsford. Designated Urban 1 - Midrise in the OCP, the site supports multifamily residential development within Abbotsford's Urban Core, close to amenities, transit, shopping, parks, and healthcare services. Currently zoned RS3 (Urban Residential), with a rezoning application to CD N100 having received Third Reading. Proposed redevelopment includes an 89-unit apartment project across two 6-storey buildings totaling approximately 70,605 SF GBA. Extensive planning work completed, including DP drawings, servicing and landscape plans, environmental studies, and rezoning approvals. Convenient access to Highway 1, South Fraser Way, Clearbrook Road, and Mount Lehman Road. Buyer to verify all development potential, approvals, and municipal requirements.

Property details

Type: House, Multi-family
Parking: 0
Property tax: $4,499 / yr
Days on market: 57
MLS®: C8081215

Price check

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 57 days

The market here

Listed now: 71 days; median for 468 houses for sale; this one 57 days

Houses in Abbotsford. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$20,408/mo

Mortgage $20,033 · Tax $375

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$20,033/ monthly

loan $3,678,400

25-year amortization

down payment20% · $919,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,331,514
property transfer tax: $147,900; BC general rate
cash to close: $1,067,500; down + PTT
total paid: $6,009,914

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

AbbotsfordGoogle Maps ↗

Location

AbbotsfordGoogle Maps ↗

Schools

Catchment schools, Abbotsford School District 34

Elementary Dormick Park Elementaryhomes in this catchment
400 m away · 32161 Dormick Avenue, Abbotsford · 604-859-3712
Middle Abbotsford Middlehomes in this catchment
2.3 km away · 33355 Bevan Ave, Abbotsford · 604-853-3367
Secondary Abbotsford Senior Secondaryhomes in this catchment
2.3 km away · 33355 Bevan Ave, Abbotsford · 604-853-3367

From the Abbotsford School District 34's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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