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7230 206A St 1.06 Acres of Residential Land Offered at $2,216,858 USD in Langley, BC V2Y 1V8

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Investment Highlights

72nd Ave has been identified as anticipated transit stop for Bus Rapid Transit (BRT) and potentially Light Rapid Transit (LRT).
Central location with close proximity to Langley’s downtown core and major amenities.
Ideal zoning and designation for a wood-frame development.

The community of Langley has been experiencing significant population and development growth in recent years.
Fantastic development opportunity given its superior location.

Executive Summary

Cushman & Wakefield ULC (“C&W”) is pleased to present the opportunity to purchase 7230 206A Street, Langley BC, an excellent development opportunity in proximity to 200th Street Corridor. The Subject Property consists of a single parcel equaling ±46,327 sq. ft. with excellent proximity to the amenities and rapid future growth. Poised for growth, Langley is set to receive a Skytrain Extension allowing for efficient transit to Vancouver and its other submarkets. With a future Bus Rapid Transit (BRT) and the possibility of Light Rapid Transit (LRT) along 200th Street, the idea is to meet the growth and full potential along 200 Street Corridor and the properties in the proximity. 72nd Avenue along 200th street is an anticipated transit stop for the future and efficient transportation network. Contact listing agent for price.

Property Facts

Price	$2,216,858 USD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily Apartment Units Apartment Units - Condo Hold For Development Hold For Investment
No. Lots	1	Total Lot Size	1.06 AC
Property Type	Land
Zoning	SR-2 - Suburban Residential Zone

Price	$2,216,858 USD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units Apartment Units - Condo Hold For Development Hold For Investment
Total Lot Size	1.06 AC
Zoning	SR-2 - Suburban Residential Zone

1 Lot Available

Lot 1

Price	$2,216,858 USD	Lot Size	1.06 AC
Price Per AC	$2,091,375.68 USD

Price	$2,216,858 USD
Price Per AC	$2,091,375.68 USD
Lot Size	1.06 AC

46,327 SF / 1.06 acres of level, previously-developed land for redevelopment.

Description

Centrally Located in the Township of Langley and near Langley City, the Subject Property represents a fantastic opportunity to develop near prominent amenities such as Willowbrook Shopping Centre, Langley Riocan Power Centre, and numerous retail plazas and establishments along major arterials such as 200 street corridor and the Langley-Bypass. Willowbrook Mall is comprised of a single-storey shopping centre with approximately 140 stores spread across 646,540 sq.ft. The shopping centre boasts strong anchors including Nordstrom Rack, Winners, Hudson’s Bay, T&T Supermarket, H&M, Sport Chek and Toys R Us.

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Fairly walkable

50/100

Very drivable

80/100

Limited public transit

20/100

Fairly bikeable

50/100

Source: Local Logic^®

(604) 217-8888

Contact

Harpreet Singh
Cushman & Wakefield

Listing ID: 32817172
Date on Market: 8/15/2024
Last Updated:
Address: 7230 206A St, Langley, BC V2Y 1V8

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