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Township of Langley
¸0 200 400100
MetersThe data provided is a compilation of geographic information drawn together from a variety of sources, historic and current, and does not necessarily include everything and anything for a particular purpose; and the person utilizing this information does so entirely at their risk as the Township of Langley assumes no obligation or liability for the use of this information by any person and makes no representations or promises regarding the completeness or accuracy of the information or its fitness for a particular purpose.
Geosource MapMap printed on: Tuesday, August 28, 2018
Township of Langley
Township of Langley
¸0 200 400100
MetersThe data provided is a compilation of geographic information drawn together from a variety of sources, historic and current, and does not necessarily include everything and anything for a particular purpose; and the person utilizing this information does so entirely at their risk as the Township of Langley assumes no obligation or liability for the use of this information by any person and makes no representations or promises regarding the completeness or accuracy of the information or its fitness for a particular purpose.
Geosource MapMap printed on: Tuesday, August 28, 2018
Township of Langley
20
2B
Stre
et
20
0 S
tree
t
72 Avenue
PROPERTY HIGHLIGHTS:
• 2.0 acres
• Located in the Central Gordon Neighbourhood Plan
• Designated Apartment (40 – 60 UPA)
• Asking price: $10,400,000
7160 202B Street & 20290 72 Avenue
Langley, BC
FOR SALE2 ACRE WILLOUGHBY APARTMENT SITE
For more information PLEASE CONTACT:
Mike Harrison Personal Real Estate Corporation
d 604.668.5993 c 604.626.9547
FLRE.ca
RC Garnett Park
R.C. Garnett Demonstration
Elementary
FOR SALE
FOR MORE INFORMATION CALL 604.687.8300
OPPORTUNITY
This offering presents an opportunity to acquire a 2.0 acre apartment development site in Central Gordon Estate, the
next Willoughby neighbourhood to solve a number of servicing challenges and become developable. This has resulted
in an increase in land acquisitions over the last eighteen months and a flood of new development applications. The
Willoughby area continues to be one of the most robust residential markets in the Fraser Valley, with stable HPI Index
Benchmark prices, rapid absorption rates, strong population growth and persistent demand for multi-family homes.
7160 202B Street & 20290 72 Avenue
Langley, BC2 ACRE WILLOUGHBY APARTMENT SITE
DEVELOPMENT POTENTIAL
The Apartment designation in the Central Gordon
Neighbourhood Plan permits the development of
apartments up to 60 units per acre at a maximum
height of 4 storeys. Theoretical total yield on the
subject property is 120 units. The site geometry and
flat topography should provide an opportunity to
maximize yield. The site is easily serviceable with all
major services at the site or nearby.
CURRENT USE
The subject properties are each improved with a
detached single family home, rentable for holding
income until development.
PROPERTY DETAILS
7160 202B Street
PID: 001-421-450
Gross Site Area: 1 acre
Property tax: $6,534.87 (2017)
20290 72 Avenue
PID: 010-253-173
Gross Area: 1 acre
Property tax: $7,576.49 (2017)
LAND USE MAP EXCERPT
54
Map 1- Land Use Concept
54
Map 1- Land Use Concept
FOR SALELOCATION
The subject site is located in the heart of Willoughby,
just east of 200 Street, providing efficient access across
the Township of Langley and the rest of the Lower
Mainland via nearby Highway 1. All major amenities,
including groceries, transit, banking, restaurants,
parks and fitness are within a 5-10 minute drive.
A neighbourhood commercial node exists 2 blocks
west at the intersection of 72 Avenue and 200 Street
and a future commercial node is slated just 5 blocks
east at the intersection of 72 Avenue and 208 Street.
The Willowbrook Shopping District, which offers
countless amenities, is located 4 minutes to the south.
LOCATION
www.FLRE.ca
PROJECT DOCUMENTATION
The following additional information pertaining to
development and feasibility is available upon request:
• Land use
• Tax Report
• Zoning
• Title
Please contact the listing agents to obtain access to
the data room containing the above documents.
ASKING PRICE
$10,400,000
7160 202B Street & 20290 72 Avenue
Langley, BC2 ACRE WILLOUGHBY APARTMENT SITE
Langley Events Centre
Willoughby Community Park
200 Street
208 Street
R.E. Mountain Secondary School
RC Garnett Park
R.C. Garnett Demonstration
Elementary
Willoughby Elementary
Willoughby Town Centre
Willowbrook Shopping District
4 minutes
Highway 16 minutes
Richard Bulpitt Elementary School
80 Avenue
72 Avenue Future Commercial Node
MIKE HARRISON Personal Real Estate Corporation
Land & Investment [email protected] | d. 604.668.5993
Township of Langley
¸0 200 400100
MetersThe data provided is a compilation of geographic information drawn together from a variety of sources, historic and current, and does not necessarily include everything and anything for a particular purpose; and the person utilizing this information does so entirely at their risk as the Township of Langley assumes no obligation or liability for the use of this information by any person and makes no representations or promises regarding the completeness or accuracy of the information or its fitness for a particular purpose.
Geosource MapMap printed on: Tuesday, August 28, 2018
Township of Langley
Township of Langley
¸0 200 400100
MetersThe data provided is a compilation of geographic information drawn together from a variety of sources, historic and current, and does not necessarily include everything and anything for a particular purpose; and the person utilizing this information does so entirely at their risk as the Township of Langley assumes no obligation or liability for the use of this information by any person and makes no representations or promises regarding the completeness or accuracy of the information or its fitness for a particular purpose.
Geosource MapMap printed on: Tuesday, August 28, 2018
Township of Langley
Frontline Real Estate Services Ltd. is a full-service real estate agency offering real estate broker and marketing services across the Fraser Valley, BC.
Come visit us at our office, conveniently located on 200th Street right off Highway 1.
160 - 8621 201 Street Langley, BC V2Y oG9 o 604.687.8300 f 604.687.8322 www.FLRE.ca
E.&O.E: This document/email has been prepared by Frontline Real Estate Services Ltd. for advertising and general information only. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Frontline Real Estate Services Ltd. Any interested party should undertake their own inquiries as to the accuracy of the information. Frontline Real Estate Services Ltd. excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.
MEGAN JOHAL Client Service Coordinator
Fraser Valley
Mike Harrison Personal Real Estate Corporation and Justin Mitchell Personal Real Estate Corporation are development land experts and licensed Realtors that specialize in the marketing and sale of residential development land in the Fraser Valley. This focused approach allows them to spend their time in one segment of the market, building stronger relationships and maximizing their expertise.
JUSTIN MITCHELL Personal Real Estate Corporation Partner | Land & Investment [email protected]
KERRIANN REIMERClient Service Coordinator
North of the Fraser
ANDE KURICDirector of Marketing
DANIELLE REED Personal Real Estate Corporation
President & Executive Director
Project Marketing
OWEN YATES Personal Real Estate Corporation
Partner | Land & Investment
North of the Fraser
ADAM LAWRENCE
Land & Investment Sales
North of the Fraser
Justin and Mike are supported by a group of specialists who share resources, collaborate and are incentivized to work together. The result is more up-to-date market information, better qualified opportunities, and continuous improvement.
