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20841 72ND AVENUE, Langley
2024-12-24
Quick Summary
- Location
- 20841 72ND AVENUE, Langley, British Columbia V2Y1T6
- Price
- $7,200,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 670ft2
- Bedrooms:
- 1
- Bathrooms:
- 1
MLS®#R2951388
Property Description
Rare Development Opportunity! This 43,472 sq. ft. future multi-family development site is located in the family-oriented neighborhood of Willoughby. This property is currently designated as Medium Density Mixed Use (1.9 FSR) under the Smith Neighborhood Plan, however there is potential for higher density subject to city approval. The site is surrounded by active development applications and is generally a flat lot free from watercourses and creeks. Neighboring property 20815 72 Ave is also available for sale, creating a prime development corner. Home on property is currently tenanted providing holding income. With ongoing growth and infrastructure improvements, including Smith Athletic Park and new schools, this is a one-of-a-kind investment opportunity in a rapidly developing area. (id:32467)
Property Features
Building
- Appliances: Washer, Dryer, Refrigerator, Stove, Dishwasher, See remarks
- Architectural Style: Ranch
- Basement Type: None
- Construction Style: Detached
- Fireplace: No
- Interior Size: 670 sqft
- Building Type: House
- Utility Water: Municipal water
Land
- Land Size: 43472 sqft
- Sewer: Septic tank, Storm sewer
Ownership
- Type: Freehold
Information entered by Homelife Benchmark Titus Realty
Listing information last updated on: 2024-12-31 00:11:39
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Your One Percent Realty Commission savings†
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
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COLIN PALMER REALTOR®
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