20841 72nd Avenue, Langley Listing #: R2951388
$7,200,000
1 Bed
1 Bath
670 Sqft
43,560 Lot SqFt
Rare Development Opportunity! This 43,472 sq. ft. future multi-family development site is located in the family-oriented neighborhood of Willoughby. This property is currently designated as Medium Density Mixed Use (1.9 FSR) under the Smith Neighborhood Plan, however there is potential for higher density subject to city approval. The site is surrounded by active development applications and is generally a flat lot free from watercourses and creeks. Neighboring property 20815 72 Ave is also available for sale, creating a prime development corner. Home on property is currently tenanted providing holding income. With ongoing growth and infrastructure improvements, including Smith Athletic Park and new schools, this is a one-of-a-kind investment opportunity in a rapidly developing area.
Taxes (2024): $29,273.63
Amenities
- Shopping Nearby
- Private Yard
Features
- Washer
- Dryer
- Dishwasher
- Refrigerator
- Cooktop
Site Influences
- Shopping Nearby
- Private Yard
- Central Location
- Cleared
- Near Golf Course
- Recreation Nearby
Similar Listings
Listed By: Homelife Benchmark Titus Realty
Disclaimer: The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.
