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Langley multi-family site sold for $4.98M

The apartment-designated property is near several schools and amenities
frontline
 
An apartment-designated site in Langley has sold for $4.98 million, Frontline Real Estate reports. 
 
The property is adjacent to Willoughby Town Centre, near several schools and amenities. The site is designated primarily for townhome development, with an assessed value of over $3.1 million. Frontline brokered the sale along with Vincent Pontaletta of Remax Treeland Realty. 
 
The property is located at 7811 209 St., Langley. 
 

Breakdown: 

 
Price: 4,980,000
Lot Size: .94 acres 
Property Type: Multi-family  
2016 B.C. Assessment Value: $3,154,000
Date of Sale: 01/08/2017
City: Langley  
Province: B.C. 
Name of Brokerage: Frontline Real Estate Services Ltd. 
 

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