$7,500,000

19948 55a Avenue, Langley, BC V3A 3X5

MLS® R3124343

Description

A turnkey Multi-Family Development opportunity in the heart of Langley City! Development Permit already issued, 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/

Property

Property type

Land

Structure

Land Only

Ownership

Freehold NonStrata

Lot and parking

Lot size

43,500 sq ft

Lot features

Central Location

Strata and restrictions

Strata fee

No

Age restriction

No

Costs

Annual property tax

$49,882

Tax year

2,025

Land lease

No

Location

Area

Langley

Neighbourhood

Langley City

Waterfront

No

Community features

Near Shopping