1.72AC 72 Ave, Langley BC - Land for Sale - MLS# R3059105

$7,495,000
Est. Mortgage $33,158/mo
Routley Ncp
0 sqft
$7,495,000
Est. $33,158/mo with 20% down
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

Photos

Property Details for 1.72AC 72 Avenue

Unlock the potential of this 1.72 acre rectangular parcel in a prime infill area of Langley. Within the proposed Transit Oriented Areas, it offers strong redevelopment potential. The Routley Plan supports single family lots, while the 200th Street Corridor Plan designates it for multifamily use. Ideally located beside Routley Park and close to major amenities, the property is competitively priced and ready to align with an active development pipeline. With TransLink investing over $300,000 in upgrades to the 72nd Avenue intersection, developers can benefit from cost savings and immediate infrastructure readiness.

Exterior Features

Structures Land Only

Building Details

Price $7,495,000
Property Type Land
Building Name Routley Ncp
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line
Water (WaterSource) Public

Lot & Land

Lot Size 1.72
Lot Size Depth Feet
Lot Size Frontage 630
MLS® # R3059105
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V0V 0V0
Gross Taxes $23,414.28
Zoning SR-2

Property Timeline

Status Date Price
R3059105 / Active 10-15-2025 $7,495,000

Listed by: Cushman & Wakefield ULC

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.

Map & Neighbourhood

Public Schools

Elementary
Willoughby Elementary School
Average
2.4 km
6.6/10
Middle
Yorkson Creek Middle School
2.9 km
Secondary
R E Mountain Secondary School
1.36 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Fraser Valley Elementary School
Average
1.36 km
6.3/10
Secondary
Whytecliff Agile Learning Centre (Langley)
3.36 km

Closest Transit

Bus Stop
Eastbound 72 Ave @ 198B St
0.07 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
2.21 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
23.1%
No Certificate/Degree
Above Average
15.7%
Owner Occupied
Above Average
82.3%
Employment Rate
Above Average
72.5%

Noise/ Power Lines

Road/Hwy Noise
Possible
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
Market Performance

Real Estate Stats for December 2025 in Langley

FVREB Report city Level
Detached Benchmark

$1,514K

5.91% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1.72AC 72 Avenue

BC Assessment Value — 1.72AC 72 Avenue

2026 assessed value, sourced from City of Langley open data (PID 012-220-086).
Total Assessed Value (2026)
$5,005,000
-1.7% YoY
+3.6%/yr over 2 yr
2024 Value Trend 2026
Land
$5,005,000
Buildings
$0
Year Built
N/A
Class
001
Zoning
SR-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $5,005,000 $0 $5,005,000
-1.7%
2025 $5,091,000 $0 $5,091,000
+9.2%
2024 $4,660,000 $0 $4,660,000

Mortgage Calculator for 1.72AC 72 Avenue

/month
Principal & Interest
Property Taxes $1,951
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,499,000), the estimated monthly payment for this listing is $30,577/month — $28,626 principal & interest, $1,951 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $16,211/month, this property runs a $14,795/month shortfall after mortgage and carrying costs. Break-even requires approximately 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Willoughby Heights, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $7,495,000
Langley Loading...
Willoughby Heights Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar properties average $3,066,633 across 5 active listings — this listing is 144.4% above the Langley average.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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