Langley land with high-density redevelopment potential sold for $4.16M

The four parcels of single-family land have potential for rezoning to RM3

for Western Investor
April 9, 2018

langley land
A single-family land assembly with potential for high-density redevelopment has sold for $4.16 million, Regent Park Realty reports. 
The total size of the site is 26,319-square-feet across four parcels of land. City of Langley Official Community Plan allows for rezoning to RM3 High Density Residential zoning with a FSR of 2. The zoning would allow for a maximum of 80 units per acre, equating to 48 units max on this site. 
The properties are located at 20105, 20109, 20119 & 20129 53A Ave., Langley.


Price: $4,160,000
Lot Size: 26,319 SF
Property Type: Land  
City: Langley 
Province: B.C. 
Name of Brokerage: Regent Park Realty 

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Suraj has worked as a real estate agent for Regent Park Realty, previously of Sotheby’s International Realty Canada.

Regent Park Realty Inc.
Suite 306, 2309 W 41st Avenue
Vancouver, B.C. V6M 2A3
Office: 604-732-8322

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