Multi-family for sale

19855 54 Avenue, Langley City, Langley

$4,680,000 or
Multi-family for sale in Langley City, Langley, Langley, 19855 54 Avenue, 224956654 | Realtylink.org
$4,680,000 or

Multi-family for sale

19855 54 Avenue, Langley City, Langley

Features

Lifestyle
224956654 4680000 /en/multi-family~for-sale~langley-city-langley/224956654?view=Summary /en/multi-family~for-sale~langley-city-langley/224956654/photos 49.1009900000 -122.6727000000 true
Year Built
1972
Floor Area
10,900 sqft
Lot Size
22,225 sqft
Gross Property Tax
$6,630.73 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
RM-1
Suite Mix Information
6 x 2 ½, 1 x 3 ½
60

Description

Excellent developmetnt property! This free standing 7 units townhouse development complex with gross building area approx. 10,900 s.f. on 22,225 s.f. (0.51 acres) in land size!!! The property is zoned RM-1 now and the City of Langley's OCP is designated this property for High Density Residential maximum to 2.1 FSR which allow for up to build up to 46,653 sqf residential strata!!! Many updates included laminate floor, carpet, hot water tank, interior paint, bathroom, washer/dryer, furnace, etc. Gross rental income allow the future owner to grow the income during the development permitting process. This offering presents many possibility in a rapidly growing and supply constrained market that is experiencing robust growth due in part to the SkyTrain extension. This land can be used as single development lot or join with other two neigour properties as a larger development lot, Or holding for skytrain coming in great opportunity
MLS® Number C8051585

Listing REALTOR®

Robin Luo, REALTOR<sup>®</sup>

Robin Luo

REALTOR®

Sincere Real Estate Services

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
4,680,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 30828
Back top