A large parcel of multi-family development land in Pitt Meadows has sold for $15.13 million, Colliers International reports.
The five-acre parcel included 36 townhouse units at the time of sale. The land sold through the strata windup process, receiving unanimous owner approval.
The property is located at 19696 Hammond Rd., Pitt Meadows.
Breakdown:
Price: $15,138,000
Lot Size: 5 acres
Property Type: Land
Zoning: RM-1
Date of Sale: 05/07/2018
City: Pitt Meadows
Province: B.C.
Name of Brokerage: Colliers International
Name of Vendor: NWS 927 Strata Corporation
Name of Buyer: Mosaic Avenue Lands Ltd.
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