Land
Lot Size: 74,923 sqft
Frontage: 200.13 ft
Depth:
$6,800,000
About this Land in Willoughby Heights
This condo site has DP. Gross site was 2.2 acres, net land 1.717 acres. DP for a 4 story, P-1 site, 120 070 sq.ft. of buildable. When calculating value you must take into account that Sellers have paid $1.46 Million is fees obtaining the DP !!! Base that on the listing price, $6.8 - $1.46 = $5 340 000 net. $44.47 a buildable for a DP site with the savings of doing only P-1 in a very prime Willoughby location. This makes these condos very marketable even today!! Fantastic opportunity. TALK TO THE TOWNSHIP REGARDING TOWNHOUSE REZONING.
Listed by AXIS Real Estate Solutions Inc..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sunny Bhangu for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®R3159096
- TypeLand
- Lot Size74,923 sqft
- Frontage200.13 ft
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604.723.4700More about Willoughby Heights, Langley
Latitude: 49.1343474
Longitude: -122.65776722
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