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For Sale
$8,350,000

2.42 Acre Residential Development Site in Yorkson

8440 206 Street
Willoughby, LANGLEY

2.42 ACRES | Residential Development Land
UNDER CONTRACT

The Opportunity

2.42 Acre Residential Development Site in Yorkson

This offering presents an opportunity to acquire a 2.42 acre single family development site in the Yorkson neighbourhood of Willoughby, in north Langley. The infill site is surrounded by existing single family and townhome developments, resulting in minimized servicing cost and an immediate development timeline. The property has ideal proximity to schools, parks, and is only a 5 minute drive to Highway 1. The site is lightly treed, currently contains a tenanted home, and is one of the few remaining undeveloped sites in this quadrant of Yorkson.

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Summary

Property
Attributes

Land Size

2.42 acres

Land Use Designation

Mixed Residential (8 - 10 UPA)

Price

Sale Price

$8,350,000

Location

8440 206 Street
Willoughby, LANGLEY

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Property
Features

The Mixed Residential land use designation in the Yorkson Neighbourhood Plan permits development up to 10 units per acre and requires a mixture of single family, compact single family, semi-detached and rowhome housing forms. Theoretical maximum yield for the site is 24 lots.

About The
Location

The subject site is located in Willoughby, in the Yorkson neighbourhood. The area benefits from the existing amenities in Willoughby Town Centre and Willowbrook which contain major retail, restaurants, parks, recreation and many other services. The subject property is less than 5 minutes from Highway 1 at both 200 Street and the new 216 Street interchange. It is also walking distance to Yorkson Creek Middle School as well Yorkson’s sprawling Community Park which contains both a dog park and bike park within it.