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Listed by AXIS Real Estate Solutions Inc.
$ 6,800,000
Est. payment | /mo
1.72 Acres Lot
$ 6,800,000
Est. payment | /mo
1.72 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Central Gordon
MLS Listing ID R3159096
HOA Y/N No
Annual Tax Amount $1
Lot Size 1.720 Acres
Property Description
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.
Location
Province BC
Community Willoughby Heights
Area Langley
Zoning CD-132
Exterior
Fence None
Utilities Available Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
View Y/N Yes
View condos may have view
Exposure South
Garage No
Building
Lot Description Central Location, Cleared
Water Public
Locker No
Others
Ownership Freehold NonStrata
NEARBY SCHOOL & BUSINESS
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