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7007 204 St
Langley, BC V2Y 1S9

Land For Sale · 1.20 AC

Executive Summary

FOR SALE | 1.2 Acre Medium Density Site
Opportunity to acquire a 1.2 acre site that is part of a three lot assembly that has achieved third reading to rezone the assembled site to permit the construction of 386 residential units and 4,725 SF of commercial space totaling 301,667 buildable SF at a 2.39 FSR.
The site is located on the west side of 204th Street, and when developed the south property line would be 70th Avenue, in the Central Gordon Neighbourhood of the Willoughby area in the Township of Langley.
Currently zoned SR-2 and designated Low Density Apartment (1.4 FSR) and Low Density Mixed Use (1.4 FSR) in the Central Gordon Estate Neighbourhood Plan.
Third Reading to rezone the assembled site to Medium Density Apartment (1.5 to 2.5 FSR) has been obtained with a final density of 2.39 FSR.

PROPERTY FACTS Under Contract

Sale Type Investment
Sale Conditions
Redevelopment Project
  • Court Appointed Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.20 AC

1 Lot Available

Lot 56

Price $6,500,000 CAD
Price Per AC $5,416,667 CAD
Lot Size 1.20 AC

To acquire a 1.2 acre site that is part of a three lot assembly that has achieved third reading to rezone the assembled site to permit the construction of 386 residential units and 4,725 SF of commercial space totaling 301,667 BSF at a 2.39 FSR.

Description

Opportunity to acquire a 1.2 acre site that is part of a three lot assembly that has achieved third reading to rezone the assembled site to permit the construction of 386 residential units and 4,725 SF of commercial space totaling 301,667 buildable SF at a 2.39 FSR. The site is located on the west side of 204th Street, and when developed the south property line would be 70th Avenue, in the Central Gordon Neighbourhood of the Willoughby area in the Township of Langley. Currently zoned SR-2 and designated Low Density Apartment (1.4 FSR) and Low Density Mixed Use (1.4 FSR) in the Central Gordon Estate Neighbourhood Plan. Third Reading to rezone the assembled site to Medium Density Apartment (1.5 to 2.5 FSR) has been obtained with a final density of 2.39 FSR.

zoning

Zoning Code SR-2
SR-2
  • Listing ID: 31155815

  • Date on Market: 2024-03-07

  • Last Updated:

  • Address: 7007 204 St, Langley, BC V2Y 1S9

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