This offering is an opportunity to acquire 9.96 acres of residential development land in the new Mckee Neighbourhood Plan area. The City of Abbotsford is currently in the process of creating a new neighbourhood plan to design the future of McKee Peak, one of the last large-scale development areas in the Fraser Valley. The 1,900-acre area is expected to be home to a mixture of ground-oriented residential development ranging from single family detached homes and duplexes to rowhomes and townhomes.
Land Use Designation:
Ground Oriented Residential Development
Property Tax (2019):
36160 McKee Road
The subject property totals 9.96 acres. Of this, 5.29 acres is estimated to be developable. This developable area is comprised of 4.82 acres in the centre of the property and two remnant parcels on the northeast and southwest corners. Abbotsford’s OCP designates the property as ground oriented residential development at a density up to 10 units per acre on the developable area. A collection of conceptual layouts show how 50-60 units could fit on the property. The ultimate land use designation will be confirmed once the new McKee neighbourhood land use plans are revealed (estimated, later this year).
The subject site is located on Sumas Mountain in East Abbotsford in one of the last large-scale, undeveloped areas of the Fraser Valley. The McKee Neighbourhood Plan covers 1,900 acres and will build on the surrounding premium neighbourhoods. The neighbourhood is located minutes from Highway 1, many existing amenities, and is surrounded by parks and trails. The property’s mountain location will also offer stunning views.