Prime redevelopment opportunity in a rapidly growing area. Development Application in place for a proposed 90-unit condominium project with City requirements addressed, 6-Storey proposal with City policy allowing up to 12-Storey Building. Creek setbacks approved by Fisheries and Oceans Canada and supported by a QEP and Geotechnical consultant. Highly efficient design with approx. 84% saleable area (54,650/65,037sqft) maximizing buildable yield while maintaining cost efficiency. Transit-oriented location allows for reduced parking requirements, further enhancing density and overall project viability. Low-cost, high-upside investment—build & sell, build & hold, or generate strong long-term rental income and cash flow. Must be sold in conjunction with neighbouring property at 20049 56 Avenue.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Partially Finished, Exterior Entry |
| Heating Type | Baseboard |
| # of Kitchens | 1 |
| Foundation | Block |
| Exterior Features | Balcony, Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $2,999,000 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1618 |
| Year Built | 1935 |
| Age Of Building | 91 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer, Storm Sewer |
| Water (WaterSource) | Public |
| Parking Type | Additional Parking, Open, RV Access/Parking |
| Total Parking Spaces | 0 |
| Lot Size | 23500 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 100 |
| MLS® # | R3124705 |
| Area | Langley |
| Neighbourhood | Langley City |
| City | Langley |
| Postal Code | V3A 3Y3 |
| Gross Taxes | $17,095.14 |
| Zoning | R1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15'4 x 15'4 ft |
| Main Level | Dining Room | 11'0 x 11'0 ft |
| Main Level | Kitchen | 7'6 x 7'6 ft |
| Main Level | Eating Area | 11'6 x 11'6 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Above Level | Bedroom | 12'0 x 12'0 ft |
| Above Level | Bedroom | 12'0 x 12'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
| Main Level | No | #3 |
Listed by: Medallion International Realty Ltd.
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Demographics
Noise/ Power Lines
Other
▼ 5.91% Year-over-Year
N/A
N/A
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
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