4 bed
3 bath
1,943 sqft
Single Family Residence
Built in 1985
40,075 sqft lot
8 parking
1 fireplace
Freehold NonStrata
SR-2 zone
Public remarks
Opportunity to acquire a prime 0.92 Acre Development Site in Langley, BC. Designated "Medium Density Apartment" in the NE Gordon NCP, with the potential for over 80 condo units. Several active development applications are underway in the nearby vicinity along with community infrastructure projects such as the Townships Smith Athletic Park, Secondary & High Schools. House on the property is currently tenanted, providing interim holding income. The site is generally flat with no watercourses. With the rapid growth of the Township of Langley this is a great opportunity for developers to build affordable options in a prime location
Private remarks
Property currently Tenanted. Do NOT walk on property or disturb tenants without a confirmed appointment. Value is in the Land. Home size & Land size measurements taken from BC Assessment & rooms by realtor. All measurements are approximate, Buyer to verify if deemed important. Buyer to independently verify development potential to their satisfaction. DBL EXP# C8064698
Buyer agency compensation
1.25% of the final purchase price
$6,499,888 ($3,345/sqft)
Active
Listed
11/25/2024
Expiry date
Original price
Gross taxes (2024)
$11,139.67
Property transfer tax
$242,994.40
Last Updated: 11/26/2024 05:00 PM
Courtesy of Sutton Group-Alliance R.E.S.
Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
---|---|---|---|---|---|---|---|---|
20788 71b Avenue | R2946312 | 11/26/2024 05:00 PM | 11/25/2024 | Active | $6,499,888 | Login to view | Tanvir Sooch - PREC | Sutton Group-Alliance R.E.S. |