2620 272 Street, Langley, BC

  • 0 beds
  • 0 baths
  • lot size: 2,178,000 sqft
  • R2532116

$31,000,000

  • #########

Secondary Information

General Info

Status
Active
Sub-Area
Aldergrove Langley
Area
Langley
City
Langley
Province
BC
Taxes
$1,420 / 2020
Property Type
Land
SIZE: N/A TAXES (2020): $1,420
MLS®: R2532116
TYPE: Land $/Sq.Ft: N/A
SUBAREA: Aldergrove Langley

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.

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Purchase Price $31,000,000
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Listing Courtesy of Macdonald Commercial Real Estate Services Ltd
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