A single-family land assembly with potential for high-density redevelopment has sold for $4.16 million, Regent Park Realty reports.
The total size of the site is 26,319-square-feet across four parcels of land. City of Langley Official Community Plan allows for rezoning to RM3 High Density Residential zoning with a FSR of 2. The zoning would allow for a maximum of 80 units per acre, equating to 48 units max on this site.
The properties are located at 20105, 20109, 20119 & 20129 53A Ave., Langley.
Breakdown:
Price: $4,160,000
Lot Size: 26,319 SF
Property Type: Land
City: Langley
Province: B.C.
Name of Brokerage: Regent Park Realty
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