PROJECT MARKETING
Laurel On Mill Lake | Abbotsford, BC
About the Project
This offering is an opportunity to acquire a shovel ready apartment site in the heart of Abbotsford. Efficiently designed with surface parking, this is the perfect opportunity to build a rental asset to build wealth for the future. The site is in the City Centre and within walking distance to all amenities with public transit at your doorstep. The area is undergoing tremendous changes with multifamily development as noted by the Jem building just east of this site.
- Site approved for a 12 unit apartment building
- Qualifies for CMHC’s Apartment Construction Loan Program
- The perfect location for a rental in the City Centre
- Building Permit Ready!
- Surface Parking (no underground – huge cost savings!)
Details
- Project Name: Laurel on Mill Lake
- Developer: Heinrichs Development
- Estimated Completion: Early 2026
- Starting Price: Mid $600k
- Deposit Terms: 25%