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Langley six-lot land assembly sells for $9.1 million

The 0.90-acre parcel is currently zoned for a maximum multi-family density of FSR2.1, equating to a sale price of $110 per-square-foot buildable.
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Regent Park Realty Inc., Vancouver, B.C., for Western Investor

Property type: Land assembly

Location: 20121, 20131, 20141, 20151, 20161 & 20171 53 Avenue, Langley B.C.

Number of lots: 6

Land size: 39,325 square feet (total)

Land size, in acres: 0.90 acres

Zoning: OCP designates floor-space-ratio (FSR) maximum of 2.10

Sale price: $9.12 million

Brokerage: Regent Park Realty Inc., Vancouver, B.C.

Broker: Suraj Rai