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Aldergrove residential property sells for $4.55M an acre

Parcel has the potential to accommodate 30 residential units
3012-271-street-langley
A 0.29-acre parcel at 3012 271 St., Langley, sold Jan. 27 for $1.3 million.

DEAL | A 0.29-acre development lot at 3012 271 St., Langley, sold Jan. 27 for the asking price of $1,300,000. The sale price worked out to $4.55 million per acre. Held by the same family for over 40 years and sold by Joe Varing of the Varing Marketing Group, the property is designated Medium Density Residential (2.0 FSR, up to six storeys) under the Aldergrove Core Plan, with the potential for 30 condo units.

PRICE | $1,300,000

FROM | Joe Varing, Varing Marketing Group