20659, 20669, 20679 Eastleigh Crescent is a fantastic multi-family development site in the growing community of Central Langley. 60,184 sq. ft of development opportunity (126,386 sq. ft buildable) with close proximity to the proposed Surrey-Langley Skytrain extension. Along with neighbouring similar residential developments, this area is proved to be a promising investment for investors. This proposed plan is for a multi-family residential that is up to 6 storeys with approximately 132+ units, consisting of studios, 1 bedroom, 1 bedroom plus den, 2 bedroom units, and 3 bedroom townhouse units. What makes Eastleigh an attractive location is that it is a convenient community with easy access to numerous restaurants, bars, shopping options, professional services, parks and playgrounds all within walking distance. Being only minutes away from Kwantlen Polytechnic University, this location will also be desirable for staff, faculty members, and students.
Available Space60,184 ft²
Net Operating Income$265,319.48
Property UseInvestment property
There are 7 tenanted apartment units in each of the addresses/buildings. These units generate holding income and a total NOI of $265,319.48 each year.
Lot Size60,184 ft²