sold exclusively through developer-grade insight and positioning
- 6 townhomes on oversized lot
- zoned RM45, value-add potential
- sold directly to qualified buyer
listing
description
33330 Westbury Avenue was a classic value-add opportunity — a 6-unit townhome complex on a large lot in central Abbotsford, located just minutes from the University of the Fraser Valley and Abbotsford Hospital. With direct access to major transportation corridors and an RM45 zoning designation, this site was ripe for repositioning. But uncovering its full potential required more than market comps and basic metrics.
It required looking at the site like a developer would.
Before bringing the opportunity to market, I conducted a full review of the property’s zoning envelope, build form allowances, and surrounding redevelopment patterns. The neighbouring strata 6-plex had recently undergone a successful renovation, providing a strong reference point for rental upside. I built a case based on future value — modelling achievable rents, projecting stabilized returns, and identifying how a renovation could unlock asset performance without requiring full redevelopment.
The result? A clean transaction with a qualified purchaser who understood the vision — and moved quickly to secure it.
This is what I bring to every deal. Not just market access, but developer-grade analysis. I study land use policy, evaluate build-out potential, and connect today’s decisions to tomorrow’s value. It’s how I make renovation-ready sites stand out — and it’s why buyers take my listings seriously.
investment
thesis
A rare, small-scale townhome complex with strong bones, high upside, and a clear renovation path — located in a growing urban centre with long-term stability and demand drivers.
policy
context
Zoned RM45, the site supports multifamily use and allows for increased density, subject to application. With strong rental demand from nearby institutions and surrounding redevelopment activity, this zoning creates flexibility for both cosmetic renovations and future strategic repositioning.
buyer
appeal
The buyer acquired a well-located, low-density townhome complex with clear add-value potential. But what made the deal compelling wasn’t the structure — it was the clarity. By analyzing the zoning, projecting renovation impact, and framing the opportunity through a developer’s lens, I created a clear investment thesis that resonated with experienced capital. The transaction was completed off-market, with no public listing, through direct relationships and execution.
Developer-ready renovation strategy
RM45 zoning with scale potential
Off-market sale to qualified buyer
specifications
Sold Price: $1,530,000
Total Units: 6 x 3-Bedroom Townhomes
Lot Size: 18,285 SF (159 ft x 115 ft)
Year Built: 1970
Zoning: RM45
Parking: 18 Surface Stalls
Assessed Value (2020): $1,376,100
Property Type: Townhome Complex
Legal Description: Lot 269 Plan NWP37033 Part1 SE Section 16 Township 16 Land District 36
PID: 008-380-805
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