32372 & 32364 HILLCREST AVENUE
Abbotsford, BC V2T1T3
$4,598,000
Property Details
Ownership & Fees
- Property type
- Other
- Annual property tax
- $4,499.17 (2026)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8081215
- Listed
- August 13, 2026
- Time on market
- On the market for 30 days
- Tax assessment year
- 2026
- Data last synced
- September 13, 2026
Listing provided by: Colliers · Data source: CREA DDF.
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. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Abbotsford average
$587/sqft
13 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
16°C
Mostly Cloudy
Humidity 70%
Wind NW 7 km/h
Tonight
12°
Sunday
21°
Sunday night
12°
Monday
20°
Monday night
11°
Tuesday
19°
Source: Environment and Climate Change Canada.
Population
153,524
(2021 Census)
+8.6% since 2016
Density: 409/km²
Dwellings: 55,659
Median household income: $90,000
After-tax: $81,000
Immigrant population: 28.6%
Top countries of origin (% of total population)
- India15.5% · 23,835
- United Kingdom1.5% · 2,315
- Philippines1.1% · 1,730
- United States of America0.9% · 1,395
- Netherlands0.6% · 890
- Viet Nam0.6% · 880
- Korea, South0.6% · 845
- China0.5% · 840
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Dormick Park Elementary | Elementary | 400 m |
| Centennial Park Elementary | Elementary | 996 m |
| Ten Broeck Elementary | Elementary | 1.1 km |
| ASIA - North Poplar | Elementary | 1.1 km |
| John Maclure Community School | Elementary | 1.2 km |
| Colleen And Gordie Howe Middle School | Middle | 1.3 km |
| W J Mouat Secondary | Secondary | 1.3 km |
| Bakerview Centre for Learning | Secondary | 1.4 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Greek Islands Restaurant 1 · 2868 Langdon Street353 m
- Patna Sweets & Chat378 m
- Sahota's Live Grill · 2649 Trethewey Street387 m
- Cedar Park Chaat House · 2598 Cedar Park Place389 m
- Masala Art Indian Restaurant · 32228 South Fraser Way396 m
Cafes (4)
- Starbucks459 m
- Tim Hortons · 2434 Clearbrook Road488 m
- City Cafe504 m
- Sipp Chai Café667 m
Grocery (5+)
- Guru Nanak Market · 32434 South Fraser Way393 m
- Vinh-Tan Oriental Groceries · 2618 Cedar Park Place409 m
- Dasmesh Food & Video · 2622 Cedar Park Place412 m
- A&G Supermarket · 32346 South Fraser Way415 m
- FreshCo · 32500 South Fraser Way422 m
Parks (5+)
- J A Spud Murphy Park · 32285 Hillcrest Avenue57 m
- Unnamed455 m
- Peardonville Park · 31988 Peardonville Road571 m
- Civic Plaza · 32315 South Fraser Way611 m
- Bevan Park · 2220 Bevan Crescent728 m
Shopping (5+)
- Hillcrest Professional Building · 32130 Hillcrest Avenue195 m
- Cedar Park Plaza381 m
- South Fraser Gate · 32390 South Fraser Way382 m
- Cedar Park Place422 m
- Clearbrook Town Square · 32500 South Fraser Way512 m
Gyms (2)
- GoodLife Fitness590 m
- Kismet Yoga + Fitness679 m
Pharmacies (5+)
- Hillcrest Pharmacy · 32130 Hillcrest Avenue219 m
- Langdon Pharmacy323 m
- Cedar Park Pharmacy366 m
- FreshCo Pharmacy428 m
- Shoppers Drug Mart · 32390 South Fraser Way437 m
Banks & ATMs (5+)
- Khalsa Credit Union412 m
- Western Union474 m
- RBC · 32412 South Fraser Way484 m
- Unnamed · 32412 South Fraser Way487 m
- Prospera Credit Union · 32071 South Fraser Way505 m
Healthcare (5+)
- Langdon Medical Clinic325 m
- Abbotsford Spine Centre · 2644 Adelaide Street332 m
- Cedar Park Medical Clinic369 m
- Medical Clinic Family Physicians456 m
- Clearbrook Naturopathic Medical Clinic · 2431 Clearbrook Road536 m
Nearby places data: © OpenStreetMap contributors.
School district: Abbotsford (SD34)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($919,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.