development land specialists
TRANSCRIPT
36 Avenue
208 Street
210 Street
32B Avenue
Brookswood SecondaryBell Park
Langley Passive Park
FOr SALe
Subject Property3180 208 Street
Opportunity
2.29 Acres of prime residential land designated for single family homes under the proposed Brookswood-Fernridge Community Plan.
3180208 StreetLangLey, BC
Partnership. Performance.
Mathew Sunderland*, Vice-President 604.647.1346 [email protected] * Mathew Sunderland Personal Real Estate Corporation
Chad Margolus, associate 604.757.5255 [email protected]
Source: Google
DeveloPment lAnD SPeCiAliStS
Property Summary
municipal Address3180 208 Street
Parcel identifier001-489-682
Site Area 2.29 acres
Property income $2,600 per month
Current ZoningSR-2
Brookswood-Fernridge Community PlanSingle Family 2 (10,000 sf lots)
Price$3,375,000
3180 208 StreetLangLey, BC
208
Stre
et
Demographic Highlights
✓ Strong Household Income: $115,000 average within 3km
✓ Projected population growth 2017-2027 greater than 20% in surrounding area
✓ Old housing stock: 67% of homes within 3km constructed pre-1981
Opportunityavison young is pleased to present the opportunity to acquire 3180 208 Street, located in the Township of Langley. This future development site has excellent holding income with long term tenants in place. Several developers are active in the area and there is considerable potential for both developers and investors.
Highlights excellent holding income
Modest road dedications due to future diversion of 32 avenue to 32B avenue (see map on page 3)
208 Street
Development Potential
Single Family 2 ✓ Designated for 10,000 sf single family lots.
✓ Major developer has submitted a development application nearby (highlighted in orange on the maps below)
✓ Located in the Rinn neighbourhood which will likely be one of the first areas to be developed in Brookswood
BROOKSWOOD-FERNRIDGE COMMUNITY PLAN | 78
Map 2 – Land Use Plan
D.1
BROOKSWOOD-FERNRIDGE COMMUNITY PLAN | 81
Map 5 – Road Network
D.1
BROOKSWOOD-FERNRIDGE COMMUNITY PLAN | 86
Map 10 – Neighbourhood Plan Areas
D.1
BROOKSWOOD-FERNRIDGE COMMUNITY PLAN | 86
Map 10 – Neighbourhood Plan Areas
D.1
BROOKSWOOD-FERNRIDGE COMMUNITY PLAN | 81
Map 5 – Road Network
D.1
Brookswood-Fernridge Community Plan Update
Phase 4 Open HouseMay 16, 2017
HANDOUT
Community Development Division | 604.533.6152 | [email protected] | tol.ca/brfrcp
Page 1
Draft Integrated Community Plan MapLegendLand Use Designations
Transportation Routes
Other Map Information
Community Amenities
Brookswood-Fernridge Community Plan Update
Phase 4 Open HouseMay 16, 2017
HANDOUT
Community Development Division | 604.533.6152 | [email protected] | tol.ca/brfrcp
Page 1
Draft Integrated Community Plan MapLegendLand Use Designations
Transportation Routes
Other Map Information
Community Amenities
Subject Property Subject Property Subject Property
lAnD USe PlAn roAD network neighBoUrhooD PlAn
Source: Brookswood-Fernridge Community Plan
avisonyoung.com
Avison Young #2900-1055 W. Georgia Street Box 11109 Royal Centre Vancouver, BC V6E 3P3, Canada
Partnership. Performance.
© 2017 avison young. all rights reserved.
e. & O.e.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by avison young Commercial Real estate (B.C.) Inc.; DBa, avison young.
Partnership. Performance.
Mathew Sunderland*, Vice-President 604.647.1346 [email protected] * Mathew Sunderland Personal Real Estate Corporation
Chad Margolus, associate 604.757.5255 [email protected]