A residential development site in Langley with the potential for 24 detached housing lots has sold for $500,000 below its $5.5 million asking price.
Breakdown:
Location: Langley, B.C.
Property type: Land: residential single-family development site
Property size: 2.4 acres
Zoning: (10 UPA x 2.44) equals 24 building lots
List price: $5.5 million
Sold price: $5 million
Brokerage: Varing Marketing Group/Homelife Glenayre Realty Co. Ltd.
Agent: Joe Varing