A 2.34-acre site in Willoughby, zoned for a 44-unit townhouse development, has sold for $9.2 million, $1.3 million above its assessed value, reports Frontline Real Estate Services.
Type of property: Development land
Location: 20179 84th Avenue, Langley
Size of land: 2.34 acres
Zoning: Townhouse development (44 units).
BC Assessment 2020: $7.9 million
Sale price: $9.2 million
Date of sale: March 4, 2020
Brokerage: Frontline Real Estate Services, Surrey
Broker: Mike Harrison