Map of Property

Fraser Ridge - 33555 South Fraser Way

33555 South Fraser Way, Abbotsford, BC 228

  • For Sale Contact for pricing
  • Property Type Other
  • Property Size 66,677 SF
  • Date Updated Jan 21, 2025

Avison Young & Stonehaus are pleased to present Fraser Ridge, located at 33555 South Fraser Way, Abbotsford, BC (the "Property"). Fraser Ridge is a 12-storey concrete rental apartment building that features 69 residential units above 11 commercial retail units at ground level. The property has been professionally managed and well-maintained by the current ownership. Close to $1 million has been spent on capital improvements, including a newly renovated lobby and upgrades to the above-ground parking infrastructure.

As an investment, Abbotsford’s robust economic growth, coupled with its proximity to Vancouver, makes it an ideal location for both short-term rental income and long-term property value appreciation. The city has seen significant development in recent years, attracting new businesses and residents, which has further boosted the demand for rental housing. With its expanding infrastructure, growing population, and strong rental market, Abbotsford represents an excellent opportunity for investors seeking both stability and growth.

This offering provides a rare opportunity to acquire one of the few concrete rental apartment buildings in Abbotsford, a market that continues to have limited availability in the multi-family sector.

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Highlights

  • 1.00% vacancy rate in Abbotsford resulting in a limited amount of rental housing inventory in one of the faster growing markets in the Lower Mainland
  • Significant potential for rental upside in both residential and commercial units
  • One of the few concrete rental towers in the Fraser Valley
  • Ample parking available on site
  • Close to $1M spent on capital upgrades
  • Central location providing quick access to the main arterial roads, Highway 1, public transit, and a wide range of amenities

Contacts

broker
Chris Wieser

Avison Young

broker
Matt Thomas

Avison Young - Vancouver

broker
Carey Buntain

Avison Young

broker
Kevin Murray

Avison Young - Vancouver

broker
Matt Upson

Avison Young - Vancouver

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable

  • Transit Score ®

    60/100 Good Transit

  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Abbotsford, BC
  • Neighborhood Horn Creek
  • Postal Code 228

Points of Interest

  • Abbotsford

    4.74 miles

  • Mission City

    5.84 miles

  • FLO

    0.28 miles

  • Petro-Canada

    0.30 miles

  • Hub Motor Service

    0.33 miles

  • Superior Propane

    0.37 miles

  • Esso

    0.43 miles

  • Chevron

    0.70 miles

  • Shell

    0.72 miles

  • Canco

    0.75 miles

  • GE

    0.90 miles

  • Electrify Canada

    1.24 miles

  • Impark

    0.05 miles

  • 3 Hour Free Parking

    0.29 miles

  • Permit Parking Only

    0.30 miles

  • NOFEM Paid Parking

    0.32 miles

  • Staff Parking

    0.35 miles

  • All Day Free Parking

    0.35 miles

  • Savana Parking

    0.68 miles

  • Visitor Parking

    0.79 miles

  • Sandman Hotel & Suites Abbotsford

    1.02 miles

  • The Coast Abbotsford Hotel & Suites

    1.42 miles

  • Super 8 by Wyndham Abbotsford BC

    1.49 miles

  • Travelodge by Wyndham Abbotsford Bakerview

    1.57 miles

  • Baker House

    1.66 miles

  • Alpine Inn

    1.92 miles

  • Best Western Plus Regency Inn & Conference Centre

    1.95 miles

  • Abbotsford Hotel

    2.07 miles

  • Deer Trail Guest House

    3.18 miles

  • Clarion Hotel & Conference Centre

    3.22 miles

  • Zaika Tastes of India

    0.00 miles

  • The Dainty Dish

    0.01 miles

  • Bamboo Palace Restaurant

    0.03 miles

  • Roseland Restaurant

    0.04 miles

  • Golden Dragon Restaurant

    0.05 miles

  • El Compañeros

    0.07 miles

  • Mama Michelle's Kitchen

    0.11 miles

  • Kojan Sushi Restaurant

    0.12 miles

  • Subway

    0.13 miles

  • Sushi Parlor Japanese restaurant

    0.15 miles

  • Sprott Shaw College - Abbotsford Campus

    0.12 miles

  • Temple Music Academy

    0.27 miles

  • Tutor Café

    0.38 miles

  • Sterling North Education - Abbotsford

    0.41 miles

  • Aloha Mind Math

    0.41 miles

  • Abbotsford Senior Secondary School

    0.44 miles

  • Abbotsford Virtual School

    0.53 miles

  • Reading Town Learning Centre

    0.54 miles

  • Alexander Elementary School

    0.62 miles

  • Saint Ann's Catholic School

    0.63 miles

  • newleaf learning & childcare

    0.11 miles

  • The Learning Circle

    0.12 miles

  • Contemporary Kids Learning Centre

    0.21 miles

  • Yorkdale Fine Arts Preschool

    0.23 miles

  • Little Koala Montessori Academy

    0.36 miles

  • Country Bears Child Care Centre Inc

    0.38 miles

  • Little Leaders Childcare

    0.63 miles

  • Little Leaders Childcare Centre

    0.63 miles

  • HandInHand

    0.74 miles

  • Sun Hang Do Martial Arts Kids Life Skills Club

    0.96 miles

Frequently Asked Questions

How much does Fraser Ridge - 33555 South Fraser Way cost?

The sale price for Fraser Ridge - 33555 South Fraser Way is available upon request. Contact the listing broker for more information.

What is the total square footage of Fraser Ridge - 33555 South Fraser Way?

Fraser Ridge - 33555 South Fraser Way totals 66,677 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

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