Type of property: Mixed-use investment
Property location: 5769 201A Street, City of Langley, B.C.
Number of units: 16; 13 residential; three commercial
Commercial space: 9,212 square feet
Land size: 32,381 square feet
Land size in acres: 0.75 acres
Zoning: C-1 (downtown commercial)
List price: $6.7 million
Sale price: $6.7 million
Capitalization rate: 4.35 per cent
Sale date: August 2020
Brokerage: Frontline Real Estate Services, Surrey, B.C.
Brokers: Rebecca MacLeod and George Richmond
