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Development Property in Pitt Meadows

Development Property in Pitt Meadows

Development Property in Pitt Meadows
May 15
13:55 2012

Development Property in Pitt Meadows

19095 Mitchell Road, Pitt Meadows, British Columbia, Canada

Just listed for $2.4 million is this nice flat 1.43 acre (0.5803 hectares) piece of development property in the heart of Pitt Meadows.  Value in the land only.  It’s located just around the corner from Pitt Meadows Elementary and a short walk to Pitt Meadows Secondary.  The Official Community Plan indicates multi-family, 30 to 100 units per net hectare.  The seller is keeping a small 65′ x 125′ lot in the front South West corner of the property.  The bordering property which is just over half the size of the one offered was fully developed in 2006 with 20 three-level single level homes which range in price from $450,000 – $510,000.

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