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20788 71B Avenue
Willoughby Heights Langley V2Y 1T3

$6,499,888
Land Commercial

Main Photo: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 1: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 2: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 3: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 4: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 5: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 6: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 7: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 8: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 9: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Photo 10: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8064698
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
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Year built:
1985 (Age: 40)
Main Floor Area:
1,288 sq. ft.
Lot Area:
40,075.2 sq. ft.
Acres Freehold:
0.92 acre(s)
Acres Leasehold:
0 sq. ft.
Lot Depth:
162.4
Lot Frontage:
245'5"
Land Use/Zoning:
SR-2
Permitted Use:
Residential
Taxes:
$11,139.67 / 2024
Services Connected:
Electricity, Lane Paved, Natural Gas, Sanitary Sewer
Water Supply:
Municipal
Water Rights:
No
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
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  • Photo 10: 20788 71B Avenue in Langley: Willoughby Heights Land Commercial for sale : MLS®# C8064698
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Listed by Sutton Group-Alliance R.E.S. and Century 21 Coastal Realty Ltd.
Data was last updated January 30, 2025 at 03:10 AM (UTC)
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