2400 Echo Valley Dr, No City Value, BC, MLS® R3017249

$4,999,000
Est. Mortgage /mo

37.4% price reduction

$4,999,000
$7,990,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
0 Stories
lot 795405 sqft
0 sqft
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2400 Echo Valley Dr, No City Value, BC | MLS® R3017249 Property Details

37.4% price reduction

Claire Group & Cushman & Wakefield are excited to present investors with a remarkable opportunity to purchase this expansive 18+ acre land parcel situated on Bear Mountain in Langford, BC. This property holds significant potential for redevelopment into a distinctive neighborhood featuring a mix of apartment buildings, townhouses, and detached homes. There is potential for up to 500 units as per the past DP. Prospective buyers are encouraged to engage with the City of Langford to verify and discuss their redevelopment intentions.

General Info

Price $4,999,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 18.26
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS® # R3017249
Area Out of Town
Neighbourhood Out of Town
City No City Value
Gross Taxes $37,754
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning RCBM2
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description View
Units In Development -

Property History

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Status Date Price

Listed by: RE/MAX Real Estate Services

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary
Lighthouse Christian Academy
3.35 km
Elementary, Secondary
Lighthouse Christian Academy
3.35 km

Closest Transit

Bus Stop
Bear Mountain at Echo Valley (EB)
0.4 km
Skytrain
Skytrain @ Brighouse Stn
82.80 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to the beautiful community of 2400 Echo Valley Drive, No City Value, BC, where MLS listing R3017249 awaits your arrival. As we stroll through this charming neighborhood, I'm excited to share with you the highlights of this fantastic area.

Schools: A Perfect Haven for Families

Just a short 3.35 km drive from this stunning home, you'll find Lighthouse Christian Academy, the closest Elementary independent school. With its No Rating, parents can rest assured that their children are receiving the best possible education. This school's proximity to our MLS listing R3017249 makes it an ideal choice for families who value quality education and a safe learning environment.

A Safe and Peaceful Community

According to the latest crime statistics from Statistics Canada (2020), the neighborhood surrounding 2400 Echo Valley Drive, No City Value, BC has a Below Average crime rate, with 2,577 volation disturbances reported. The overall crime rate of 5,847.65 is significantly lower than the national average. Families can feel confident in their decision to make this community their home, knowing that they'll be surrounded by a safe and peaceful environment.

Thriving Community with a Strong Sense of Belonging

In terms of demographics, this neighborhood boasts an impressive 22.5% of residents with a university certificate or degree, making it Above Average in comparison to other BC neighborhoods. The median household income is a respectable $89,011, also Above Average in comparison to the British Columbia average. With 71.7% of households owning a mortgage, this community is characterized by a high level of homeownership.

Convenient Transit Options

For those who rely on public transportation, the closest bus station, Bear Mountain at Echo Valley (EB), is just 0.4 km away from our MLS listing R3017249. This convenient location ensures that residents can easily access nearby shopping centers, schools, and employment opportunities.

A Thriving Economy with Low Unemployment

The unemployment rate in this area is a mere 4.6%, making it Low in comparison to other province neighborhoods. This suggests a strong and stable economy, providing residents with a sense of security and financial stability.

A Welcoming Community with a Mix of Young and Established Residents

The average age of the population in this neighborhood is 38.8, which is Below Average in comparison to other BC cities. This mix of young and established residents creates a vibrant and dynamic community, with a wide range of lifestyle options and opportunities.

Affordable and Desirable Real Estate

The average value of dwellings in this neighborhood is $539,665, which is Above Average compared to other areas in British Columbia. With 27.6% of the population renting, this community offers a range of housing options to suit various budgets and lifestyles.

A True Gem with a Strong Sense of Community

As we explore this charming neighborhood, it's clear that 2400 Echo Valley Drive, No City Value, BC, MLS listing R3017249, is a true gem. With its safe and peaceful environment, thriving community, convenient transit options, and strong economy, this home is an ideal choice for families, professionals, and retirees alike. I invite you to experience the beauty and charm of this community for yourself.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $4,999,000
No City Value $684,600
Out of Town $2,500,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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