Rare Development Opportunity! This 43,342 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 20841 72 Ave is also available for sale, creating a prime development corner. 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. Don't miss this Opportunity!
Address
20815 72 AVENUE
List Price
$5,088,888
Property Type
Land Only
Type of Dwelling
Vacant Land
Area
Langley
Sub-Area
Willoughby Heights
Lot Size
43342 Sq. Ft.
MLS® Number
R2951383
Listing Brokerage
Homelife Benchmark Titus Realty
Postal Code
V2Y 1T6
Zoning
SR-2
Tax Amount
$29,157.58
Tax Year
2024
Site Influences
Central Location, Cleared, Golf Course Nearby, Private Setting, Private Yard, Recreation Nearby