20049 56 Ave, Langley BC - Single Family Residence for Sale - MLS# R3124708

$499,000
Est. Mortgage $2,208/mo
4 Beds
2 Baths
1800 sqft
277 $ /sqft
1939 built
140.28% cheaper than comparables
$499,000
Est. $2,208/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

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Property Details for 20049 56 Avenue

140.28% cheaper than comparables

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 20037 56 Avenue

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partially Finished, Exterior Entry
Heating Type Natural Gas
# of Kitchens 1
Flooring Laminate
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
Roof Asphalt
Structures Residential Detached

Building Details

Price $499,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 1
Half Bathrooms 1
Floor Area Total (sqft) 1800
Year Built 1939
Age Of Building 87
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 Detached, Open
Total Parking Spaces 6

Lot & Land

Lot Size 5820
Lot Size Depth Feet
Lot Size Frontage 60
MLS® # R3124708
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 3Y3
Gross Taxes $5,902.1
Zoning R1

Property Timeline

Status Date Price
R3124708 / Active 05-19-2026 $499,000
Rooms
Floor Type Dimensions
Main Level Living Room 14'0 x 14'0 ft
Main Level Kitchen 12'0 x 12'0 ft
Main Level Primary Bedroom 11'0 x 11'0 ft
Main Level Conservatory 8'0 x 8'0 ft
Main Level Bedroom 9'8 x 9'8 ft
Below Bedroom 10'0 x 10'0 ft
Below Bedroom 9'0 x 9'0 ft
Below Laundry 9'0 x 9'0 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Basement No #2

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.

Map & Neighbourhood

Public Schools

Secondary
Langley Secondary School
2.65 km
Middle
H. D. Stafford Middle School
1.84 km
Elementary
Nicomekl Elementary School
Below Average
0.75 km
3.3/10

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

Private Schools

Elementary
The Global School
0.56 km
Secondary
Whytecliff Agile Learning Centre (Langley)
1.07 km

Closest Transit

Bus Stop
Eastbound 56 Ave @ 200 St
0.07 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
0.60 km

Demographics

Post-Secondary Education
Below Average
13.1%
No Certificate/Degree
Above Average
18.5%
Owner Occupied
Above Average
76.2%
Employment Rate
Below Average
50.4%

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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 20049 56 Avenue

Mortgage Calculator for 20049 56 Avenue

/month
Principal & Interest
Property Taxes $492
Maintenance fee 0
Financing 80% of the $499,000 asking price over 30 years at 4% results in approximately $2,398/month in total estimated carrying costs, $492 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%
This listing generates an estimated $2,055/month in rental income, leaving a -$426/month cashflow at current carrying costs. Investors targeting break-even would need roughly 38% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Langley City, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $499,000
Langley Loading...
Langley City Loading...

No active comparable properties are currently available for this property type in Langley. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (140.28% cheaper than comparables) based on its competitive pricing and market demand.

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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