The Sumas Powerhouse will no longer be up for auction, after the owners decided to not move forward with the original plan they had for the property.

Former B.C. Electric substation no longer up for auction

Owners decide to cancel planned auction, property remains for sale

The Sumas Powerhouse is no longer up for auction.

The Abbotsford News has learned that the current owners of the property, which was originally built in 1906 by the B.C. Electric Corporation, were uncomfortable moving forward with the auction and chose to cancel it.

The property was originally set to be auctioned off starting on March 22, but was then delayed until March 25. The auction was then targeted to begin on Wednesday at 5 p.m., but owners made the call to pull the plug on the process.

Located at 39623 Old Yale Road, the Powerhouse boasts 12 bedrooms, 10 bathrooms, five kitchens, four balconies, an elevator and a 1,000-bottle wine cellar.

The property spans 11,462 square feet and includes more than 2.35 acres of land.

It was last listed at $4.999 million, but the planned without-reserve stipulation for the auction would have meant that there is no pricing floor or ceiling.

American company Concierge Auctions was brought in to handle the auction portion of the sale, and project sales manager Scott Pate spent a month in Abbotsford hosting open houses and building up interest for the auction.

According to the property’s real estate agent Sara Gillooly, the property has returned to the traditional selling market.

Just Posted

Charges dropped against officer who shot and killed Hudson Brooks in South Surrey

‘I feel like I’ve lost Hudson all over again,’ says mom

Here’s why you may not have seen many federal election signs in Surrey

Earlier this year, Surrey council banned election signs on public property, highways

‘Men of Curling’ calendar features Surrey’s Tardi, who went rock climbing with a curling rock

Tyler Tardi, 21, now curls on men’s circuit, meaning he won’t play at 2020 nationals in Langley

Police, volunteers to deliver South Surrey students’ road-safety messages

Elementary designs aim to remind drivers to slow down, pay attention on the road

‘Jail’ time for Surrey business and community leaders in Crime Stoppers fundraiser

Metro Vancouver organization to host Jail & Bail event Friday at Central City’s outdoor plaza

‘I shouldn’t have done it,’ Trudeau says of brownface photo

Trudeau says he also wore makeup while performing a version of a Harry Belafonte song

35 of 87 dogs in 2018 Williams Lake seizure were euthanized due to behavioural issues, BCSPCA confirm

The dogs did not respond to the behaviour modification and remained terrified of humans

‘We still did not get answers’: Vancouver parents demand expulsion after students’ racist video

‘We were unable to get confirmation from the VSB, but he hasn’t returned as of yet,’ says Marie Tate

B.C. ‘tent city’ disputes spark call for local government autonomy

UBCM backs Maple Ridge after province overrules city

B.C. drug dealers arrested after traffic stop near Banff turns into helicopter pursuit

Antonio Nolasco-Padia, 23, and Dina Anthony, 55, both well-known to Chilliwack law enforcement

‘What goes up will come down’: Gas prices spike in Metro Vancouver

Petroleum analyst Dan McTeague says prices will fall Thursday

B.C. MLA calls on province to restrict vaping as first related illness appears in Canada

Todd Stone, Liberal MLA for Kamloops-South Thompson, introduced an anti-vaping bill in April

Most Read

l -->