1.20 ACLand$6,500,000Sale
UNDER CONTRACT | 1.2 Acre Medium Density Site Opportunity to acquire a 1.2 acre site that is part of a three lot assembly that has achieved third reading to rezone the assembled site to permit the construction of 386 residential units and 4,725 SF of commercial space totaling 301,667 buildable SF at a 2.39 FSR. Currently zoned SR-2 and designated Low Density Apartment (1.4 FSR) and Low Density Mixed Use (1.4 FSR) in the Central Gordon Estate Neighbourhood Plan. Third Reading to rezone the assembled site to Medium Density Apartment (1.5 to 2.5 FSR) has been obtained with a final density of 2.39 FSR.
The site is located on the west side of 204th Street, and when developed the south property line would be 70th Avenue, in the Central Gordon Neighbourhood of the Willoughby area in the Township of Langley.