Rare Development Opportunity! This 43,472 sq. ft. future multi-family development site is located in the family-oriented neighborhood of Willoughby. This property is currently designated as Medium Density Mixed Use (1.9 FSR) under the Smith Neighborhood Plan, however there is potential for higher density subject to city approval. The site is surrounded by active development applications and is generally a flat lot free from watercourses and creeks. Neighboring property 20815 72 Ave is also available for sale, creating a prime development corner. Home on property is currently tenanted providing holding income. With ongoing growth and infrastructure improvements, including Smith Athletic Park and new schools, this is a one-of-a-kind investment opportunity in a rapidly developing area.
Property Type:
Residential Detached
Dwelling Type:
House/Single Family
Year built:
999
(Age: 1,026)
Total area:
670 sq. ft.62.2 m2
Total Floor Area:
670 sq. ft.62.2 m2
Main Floor Area:
670 sq. ft.62.2 m2
Levels:
1
Bedrooms:
1
(Above Grd: 1)
Bathrooms:
1.0
(Full:1/Half:0)
Taxes:
$29,273.63 /
2024
Lot Area:
43,472 sq. ft.4,039 m2
Lot Frontage:
165'50.3 m
Lot Depth:
263
Outdoor Area:
Patio(s)
Plan:
NWP25761
Basement:
None
Parking Total/Covered:
10 / 2
Title to Land:
Freehold NonStrata
Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Other - See Remarks
Data was last updated January 1, 2025 at 02:10 PM (UTC)
Area Statistics
Listings on market:
92
Avg list price:
$1,813,950
Min list price:
$1,079,888
Max list price:
$13,500,000
Avg days on market:
73
Min days on market:
2
Max days on market:
512
Avg price per sq.ft.:
$554.13
These statistics are generated based on the current listing's property type
and located in
Willoughby Heights. Average values are
derived using median calculations.
To access this information, please create a free account
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.