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Langley 1.1-acre residential land assembly sells for $8.6 million

Eight lots assembled for multi-family development near the station for planned Surrey-Langley SkyTrain extension.
Western Investor Staff
200 Street at 53rd Avenue, Langley
Momentum Realty Ltd., Langley, B.C., for Western Investor

Property type: Development land

Location: 200 Street at 53rd Avenue, Langley, B.C.

Land size: 50,094 square feet

Land size in acres: 1.15 acres

Zoning: RM 3; FSR2 (floor-space ratio)

Potential: Multi-family rental building

Sale price: $8.63 million

Brokerage: Momentum Realty Ltd., Langley, B.C.

Brokers:  Josiah Cockrill and Wells Macey