Multi-family for sale
21398 78 Avenue, Willoughby Heights, Langley
$8,488,000
$8,488,000
Multi-family for sale
21398 78 Avenue, Willoughby Heights, Langley
Features
Year Built
1990
Floor Area
7,514 sqft
Total Space Avail. For Lease (Rent)
7514 sqft
Lot Size
87,169 sqft
Gross Property Tax
$10,400 /year
Building Type
Freestanding, Residential Mix
Zoning
SR-2
# of Parking Spaces
10
Subject Property Width
165.03 ft
Subject Property Depth
530 ft
Amenities
Balconies, HVAC System, Laundry Facility, Secured Building, Secured Parking, Washrooms Female/Male, Fenced Yard
Suite Mix Information
2 x Other
Total no. of Units
2
Description
Developer alert! Prime Williams NCP Residential District plot, a developer's dream! This property, part of the Williams NCP, is a canvas for developers. Under current NCP, anticipate 6-10 units per acre (UPA). Yet recent applicants achieved seamless rezoning to townhouses, unlocking substantial floor space ratio (FSR) gains. 21300 block of 72 ave is slated for Comprehensive Development, allowing 16-22 UPA. Swiftly amend Williams Neighborhood plan, shift designation from single family mixed residential to Rowhouse/Townhouse, even relaxing parking prerequisites. Developers can streamline rezoning from Suburban Residential Zone SR-2 to Comprehensive Development Zone CD-183 or CD-176. Buyer diligence required. Notably, Qualico Developments propels higher density via Williams Neighborhood Plan amendment, gaining Councilor support. Unmissable once-in-a-lifetime prospect!
MLS® Number C8053792