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20755 DOUGLAS Crescent
Langley City Langley V3A 4C1

$2,400,000
Land Commercial, Multi-Family Commercial

Main Photo: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 1: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 2: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 3: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 4: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 5: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 6: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Photo 7: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8059811
Build. Type:
Freestanding
The property is designated "Mixed Use Residential" which will allow a FAR of 2.5-3.5 due to potential density bonusing provisions in the OCP Bylaw Building height can be a maximum of 12 storeys. Mixed use residential allows for ground floor commercial and residential above. See included draft plan renderings for both a 6 storey and 12 storey building on this assembled side. 3 parcels must be purchased together and total nearly half an acre. (20755 Douglas Crescent, 20765 Douglas Crescent, 5453 208 St)
Sale Type:
Asset
Construction:
Wood Frame
Building Type:
Freestanding
Name of Complex/Subdivision:
# Other Units:
Year built:
1946 (Age: 78)
Total Floor Area:
800 sq. ft.
Main Floor Area:
800 sq. ft.
Lot Area:
6,500 sq. ft.
Acres Freehold:
6,534 sq. ft.
Acres Leasehold:
0 sq. ft.
Land Use/Zoning:
RS-1
Permitted Use:
Multifamily (5+), Residential
Taxes:
$5,047.86 / 2023
Services Connected:
Fully Serviced
Water Supply:
Municipal
Water Rights:
Yes
HVAC:
Electric
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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  • Photo 2: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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  • Photo 3: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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  • Photo 4: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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  • Photo 5: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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  • Photo 6: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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  • Photo 7: 20755 DOUGLAS Crescent in Langley: Langley City Land Commercial for sale : MLS®# C8059811
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Listed by RE/MAX 2000 Realty and RE/MAX Treeland Realty
Data was last updated December 26, 2024 at 09:10 AM (UTC)
Bruce Long CCIM, FRI, PREC
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