Description

Currently Zoned SR-1 for large lot subdivision min. 3716 sq. m. Suburban residential. ALR property but opportunity for long term hold and huge upside in land value when Langley approves residential development and supports removal from the ALR. Or develop as is residential/Agri farming. The property has residential subdivision development on 3 sides. Logical parcel for future residential expansion for East Langley/Aldergrove. Schools and sport/recreation complex nearby. Buy and hold for long term massive land value appreciation or strategic development application/land swap for removal from the ALR for large scale single family or townhome development. Owner will sell a portion of joint venture with partner.

Taxes (2020): $1,420.00

MLS Reciprocity

Listed By: Macdonald Commercial Real Estate Services Ltd

Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.