7235 204 Street Langley, British Columbia V2Y 1B1

Acreage

$6,800,000

This condo site has DP. Gross site was 2.2 acres, net land 1.717 acres. DP for a 4 story, P-1 site, 120 070 sq.ft. of buildable. When calculating value you must take into account that Sellers have paid $1.46 Million is fees obtaining the DP !!! Base that on the listing price, $6.8 - $1.46 = $5 340 000 net. $44.47 a buildable for a DP site with the savings of doing only P-1 in a very prime Willoughby location. This makes these condos very marketable even today!! Fantastic opportunity. TALK TO THE TOWNSHIP REGARDING TOWNHOUSE REZONING. (id:63476)

Property Details

MLS® Number R3159096
Property Type Vacant Land
View Type View

Building

Land

Acreage Yes
Size Irregular 1.72
Size Total 1.72 Ac
Size Total Text 1.72 Ac

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