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

First two days of advance voting up 25 per cent

Polls busy including Pitt Meadows-Maple Ridge

Council wants more details on Maple Ridge transport plan

Wants clarification from TransLink on roads, mass transit

Premier in Maple Ridge for new school announcement

Horgan at new school opening, announces funding to buy new site

Knights junior bantams move into first place

Ridge Meadows gets huge 62-0 win over Chilliwack Giants

BEING YOUNG: Holiday jobs key for many youth

Young people have much to offer employers, even on a part-time basis

VIDEO: #MeToo leader launches new hashtag to mobilize U.S. voters

Tarana Burke hopes to prompt moderators to ask about sexual violence at next debate

Potent power play paces Canucks to 5-1 win over Detroit

Miller nets a pair as Vancouver wins third straight

After losing two baby boys, B.C. parents hope to cut through the taboo of infant death

Oct. 15 is Pregnancy and Infant Loss Awareness Day in B.C.

Cheating husband sues mistress for gifted ring after wife learns about affair

The husband gave his mistress $1,000 to buy herself a ring in December 2017

B.C. massage therapist reprimanded, fined for exposing patients’ breasts

Registered massage therapist admits professional misconduct

B.C. boosts legal aid funding in new payment contract

‘Duty counsel’ service restored in some communities, David Eby says

Rugby Canada helps recovery efforts in Japan after typhoon cancels final match

Canadian players wanted to “give back in whatever small way they could”

$100,000 reward for B.C. gangster extended to United States

Police belive fugitive Conor D’Monte may be in the Los Angeles area

Emily Carr University closed Sunday after fire causes some damage

The school is working with Vancouver police to assist their investigation into the fire

Most Read