20841 72ND AVE new to site

Langley,BC V2Y 1T6

$ 7200000

1 Bed

1 Bath

670 SqFt


Key Details

Property Type Single Family Home

Sub Type House/Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 670 sqft

Price per Sqft $10,746

Subdivision Willoughby Heights

MLS Listing ID R2951388

Style Rancher/Bungalow

Bedrooms 1

Full Baths 1

Construction Status Old Timer

Abv Grd Liv Area 670

Total Fin. Sqft 670

Annual Tax Amount $29,273

Tax Year 2024

Lot Size 0.998 Acres

Acres 1.0

Property Description

Rare Development Opportunity! This 43,472 sq. ft. future multi-family development site is located in the family-oriented neighborhood of Willoughby. This property is currently designated as Medium Density Mixed Use (1.9 FSR) under the Smith Neighborhood Plan, however there is potential for higher density subject to city approval. The site is surrounded by active development applications and is generally a flat lot free from watercourses and creeks. Neighboring property 20815 72 Ave is also available for sale, creating a prime development corner. Home on property is currently tenanted providing holding income. With ongoing growth and infrastructure improvements, including Smith Athletic Park and new schools, this is a one-of-a-kind investment opportunity in a rapidly developing area.

Location

Province BC

Community Willoughby Heights

Area Langley

Zoning SR-2

Rooms

Basement None

Kitchen 1

Separate Den/Office Y

Interior

Interior Features ClthWsh/Dryr/Frdg/Stve/DW,Other - See Remarks

Heating Forced Air

Heat Source Forced Air

Exterior

Exterior Feature Patio(s)

Parking Features Add. Parking Avail.,DetachedGrge/Carport,Other

Garage Spaces 2.0

Garage Description 40x20

View Y/N No

Roof Type Asphalt

Lot Frontage 165.0

Lot Depth 263.0

Total Parking Spaces 10

Building

Dwelling Type House/Single Family

Story 1

Sewer Septic

Water City/Municipal

Structure Type Log

Construction Status Old Timer

Others

Tax ID 008-852-405

Ownership Freehold NonStrata

Energy Description Forced Air

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