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Future development potential in Fernridge drives interest

2616-200-street-langley
A three-acre property zoned for rowhouse development at 2616 200 Street, Langley, sold June 13 for $1.9 million.

DEAL | A three-acre development property at 2616 200 Street, Langley, sold June 13 for $1.9 million. Situated in the Fernridge neighbourhood of the Brookswood community, the property holds SR-2 zoning that permits rowhouse and townhouse development. The site achieved a price consistent with its assessed value and only slightly less than the list price of $1,998,000. Mike Harrison of Avison Young represented the vendor in the transaction.

PRICE | $1,900,000

FROM | Mike Harrison, Avison Young