2172 MCKENZIE ROAD
Fraser Valley · V2S3Z8
$2,333,800
About this residence
Exceptionally rare opportunity to acquire a 10-unit apartment building in Abbotsford. Properties of this size and quality are seldom available, making this a compelling offering for investors seeking stable income with future upside. The building features a diverse and functional unit mix consisting of 1-bedroom, 1 bedroom+den, and 2 bedroom suites, appealing to a broad tenant base. Current rents are strong, with an additional upside through future rental increases, offering the potential to enhance long-term cash flow. Major capital improvements have already been completed, including a new roof installed in 2024, along with building envelope and fascia upgrades completed in Summer 2025, significantly reducing near-term capital expenditures. Located in a high-demand rental area of Abbotsford, this property represents an ideal opportunity for investors seeking a well-maintained multi-family asset with value-add potential. (id:61366)
Property details
- Property type
- Multi-family
- Annual tax
- $9,786
- MLS®
- C8074449
- Board
- Fraser Valley
- Status
- Active
- Listed
- Dec 10, 2025
- Updated
- Mar 4, 2026
Financing
Estimated monthly payment
$10,915/mo
Loan amount
$1,867,040
Down payment
$466,760
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Fraser Valley
Nearby
About the area
Census · V2S- 52,492
- Population
- 40
- Median age
- $78,500
- Median income
- $750,000
- Median home value
- 63%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 2172 MCKENZIE ROAD?
2172 MCKENZIE ROAD is listed for $2,333,800, in Fraser Valley.
What type of home is 2172 MCKENZIE ROAD?
2172 MCKENZIE ROAD is a Multi-family.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $10,915. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $9,786 per year.
What is the Fraser Valley area like?
Fraser Valley has a population of about 52,492, a median age of 40, a 63% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Fraser Valley?
The median dwelling value in this area is approximately $750,000, based on census data via Neighbourly.
What is the median household income in Fraser Valley?
The median household income in this area is approximately $78,500.
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