19948 55a Ave, Langley, BC V3A 3X5

$7,500,000

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List Price
$7,500,000
Status
ACTIVE
MLS® #
R3124343
Price Change
▲ $650,000 1784064315
Area
Langley

Property Description

A turnkey Multi-Family Development opportunity in the heart of Langley City! Development Permit already issued with approximately $1,000,000 in City related expenses paid to date, of which approximately 60% is reimbursable to the Investor, ready for Building Permit. This exceptional project consists of 126 modern condominium homes with the potential to convert into a revenue generating rental complex. Featuring studio,1 & 2 bedroom homes with enclosed balconies, catering to both end-users and long-term rental demand. Strategically located near the future SkyTrain expansion, this prime transit-oriented Development offers excellent accessibility and long term growth potential. A great opportunity for Developers & Investors seeking a ready-to-build project. Visit https://opuslangley.ca/

Additional Information

Lot Size
43,500
Amenities
Near Shopping
Site Influences
Central Location
Acres
1
Region
Langley
Title To Land
Freehold NonStrata

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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.