Jonathan Cartu Says: Langley site - 2.3 acres – fetches $9.2M for redevelopment - Jonathan Cartu Residential & Industrial Construction Services
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Jonathan Cartu Says: Langley site – 2.3 acres – fetches $9.2M for redevelopment

DD Langley manufactured home park townhouse site

Jonathan Cartu Says: Langley site – 2.3 acres – fetches $9.2M for redevelopment

Site in desirable Willoughby neighbourhood has 2.34 acres and is zoned for a 44-unit townhouse development

By

March 17, 2020





A 2.34-acre site in Willoughby, zoned for a 44-unit townhouse development, has sold for $9.2 million, $1.3 million above its assessed value, reports Frontline Real Estate Services.


Breakdown:


Type of property: Development land


Location: 20179 84th Avenue, Langley


Size of land: 2.34 acres


Zoning: Townhouse development (44 units).


BC Assessment 2020: $7.9 million


Sale price: $9.2 million


Date of sale: March 4, 2020


Brokerage: Frontline Real Estate Services, Surrey


Broker: Mike Harrison


Personal Real Estate Corporation

Mike Harrison (Personal Real Estate Corporation) is a real estate broker at Frontline Real Estate Services, focusing exclusively on residential development land in the Fraser Valley and supporting the entire development land division on marketing and analysis.

Frontline Real Estate Services Ltd.

#160 – 8612 201 Street

Langley, B.C. V2Y 0G9

Office: 604-668-5993

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