DESCRIPTION

Currently Zoned SR-1 for large lot subdivision min. 3716 sq. m. Suburban residential. ALR property but opportunity for long term hold and huge upside in land value when Langley approves residential development and supports removal from the ALR. Or develop as is residential/Agri farming. The property has residential subdivision development on 3 sides. Logical parcel for future residential expansion for East Langley/Aldergrove. Schools and sport/recreation complex nearby. Buy and hold for long term massive land value appreciation or strategic development application/land swap for removal from the ALR for large scale single family or townhome development. Owner will sell a portion of joint venture with partner.

KEY DETAILS
  • Price:
  • $31,000,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 50.00
  • Listing #:
  • R2532116
  • Street Address:
  • 2620 272 Street
  • City:
  • Langley
  • State:
  • BC
  • Postal Code:
  • V4W 2Z2
  • Area:
  • Langley
  • Subarea
  • Aldergrove Langley
  • Listing Status:
  • For Sale - Active

Listing

  • Title Type:
  • Freehold Nonstrata

Money

  • Property Taxes:
  • $1,420
  • Tax Year:
  • 2020

Source

  • Listing Provided By Macdonald Commercial Real Estate Services Ltd

    VANCOUV
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