21398 78 Avenue, Langley, British Columbia V2Y 2E9

Listed for:
$8,488,000
0 beds
0 baths
Listed 250 days ago
21398 78 Avenue, Langley, British Columbia V2Y 2E9

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Listing provided by:
eXp Realty (Branch)
MLS® number:
C8053792
Agent:
Jas Sra
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About

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! (id:27476)

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Summary

Attention developers! This plot of land in the prime Williams NCP Residential District is a fantastic opportunity for developers. As part of the Williams NCP, this property offers great potential for development. According to the current NCP, it is expected to accommodate 6-10 units per acre (UPA). However, recent applicants have successfully obtained rezoning for townhouses, resulting in significant floor space ratio (FSR) gains. The 21300 block of 72 ave is designated for Comprehensive Development, allowing for 16-22 UPA.

There is a possibility to swiftly modify the Williams Neighborhood plan by changing the designation from single family mixed residential to Rowhouse/Townhouse, and even relaxing parking requirements. Developers have the option to streamline rezoning from Suburban Residential Zone SR-2 to Comprehensive Development Zone CD-183 or CD-176. It is important for potential buyers to conduct thorough due diligence before making any decisions.

It is worth noting that Qualico Developments has successfully increased density through an amendment to the Williams Neighborhood Plan, gaining support from the Councilor. This is truly a once-in-a-lifetime opportunity that should not be missed!

This property is currently on the market and is located at 21398 78 Avenue in the city of Langley, British Columbia. The postal code for this property is V2Y2E9.