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20040 50 AVENUE, Langley

MLS® #R3135214
About this Property

Prime development opportunity in Langley City! This massive 16,465 sq ft (approx. 0.38 acre) lot is designated "Medium Density Residential" in the Official Community Plan, supporting potential for townhomes, rowhomes, or low-rise apartments (verify with City). Located within the Nicomekl neighbourhood plan and walking distance to the future SkyTrain station, this property offers exceptional redevelopment potential in a high-growth corridor. The site features excellent frontage and depth for efficient site planning. Current home is in rentable condition, providing holding income while you advance your project. With strong demand for multi-family housing in Langley, this is a rare chance to secure a large, well-located parcel with significant upside. (id:62865)

Property Information

Status

Active

Year Built

1969

Property Type

House

Ownership

Freehold

Parking Spaces

3

Annual Tax

$7,388

Tax Year

2025

Data Source

Fraser Valley Real Estate Board

Interior Details

Bedrooms

5

Bathrooms

2

Living Area

2286 square feet

Architectural Style

Other

Basement

Finished, Full

Exterior & Lot

Lot Size

16464.31 sqft

Building & Utilities

Heating

Forced air, Natural gas

Water Source

Municipal water

Sewer

Sanitary sewer

Utilities

WaterNatural GasElectricity

$2,400,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
2Baths
2286sqft
Listing Courtesy of

Office

Sutton Premier Realty

Mortgage Calculator
$480,000

Loan Amount:

$1,920,000

Estimated Monthly Payment:

$9,356

This is an estimate for informational purposes only. Consult with a financial advisor.