Data was last updated 2024-12-24 at 16:56:21 GMT
$7,200,000

20841 72ND AVENUE   Langley, BC

MLS®: R2951388
URL:    
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.
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.

Listing Information

Prop. Type:
House/Single Family
Property Style:
Rancher/Bungalow
Status:
Active
City:
Langley
Bedrooms:
1
Full Bathrooms:
1
Neighborhood:
Willoughby Heights
Area:
Langley
Province:
BC
MLS® Number:
R2951388
Added On:
Dec 20, 2024
Listing Price:
$7,200,000
Taxes:
$29,274

General Information

Year Built:
9999
Flr Area Fin - Total:
670 ft2
Floor Area Finish - Main Floor:
670 ft2
Tax Year:
2024
Lot Size (sqft):
43472.00 ft2
Lot Size (Acres):
1.00
Frontage:
165.00 ft2
Total Square Feet:
670ft2

Additional Information

Basement Area:
None

Other Information

Site Influences:
ClthWsh/Dryr/Frdg/Stve/DW, Other - See Remarks

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This property is listed by Homelife Benchmark Titus Realty and provided here courtesy of Maggie Chan. For more information or to schedule a viewing please contact Maggie Chan.
Maggie Chan
Sutton Group - West Coast Realty
Phone: 6049869321
Mobile Phone: 6049612266
Inquire Via Email
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