About This Property
DEVELOPMENT or INVESTMENT OPPORTUNITY - Under current OCP, now designated as "Low Rise Residential", which allows the potential for apartment development of up to 6 storeys and 2.1 FAR if assembled (a minimum -20,000 ft2 site area is required). Fastest-growing communities. With 5 bdrms, 3 bthrms, and lane access, this is a great opportunity to gain revenue while holding. The Surrey-Langley Skytrain extension will connect growing Surrey neighborhoods, the Township of Langley, and the City of Langley to Surrey Centre and the regional SkyTrain network. The project's plan includes a stop at 196th Street and Fraser Highway! (id:64973)
The $1,121 per square foot price point for this 1963 sq ft home is above the Langley average, but the property's development potential and anticipated Skytrain connectivity make it a compelling investment opportunity. Given the 5-bedroom layout and lane access, this property is well-suited for a buyer seeking a multi-generational living arrangement or a developer looking to capitalize on the evolving Langley real estate landscape.
Property Details
Location
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