20224 86 Ave, Langley, BC

$23,000,000
Est. Mortgage /mo

MLS# R3062655

0 sqft
$23,000,000
Est. /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

Property Details & Specs

Prime 2.44-acre mixed-use development site located at 20224 86 Avenue in the heart of Willoughby Heights, fronting two major arterials — 202 Street and 86 Avenue — and situated directly across from the Carvolth Exchange and future Bus Rapid Transit (BRT) station. This highly visible corner property offers exceptional access, exposure, and connectivity, making it ideal for a vibrant mixed-use project combining residential, retail, and office components Highway 1, HOV lane, Walnut Grove, and all bus traffic will pass directly by this site via 202a street connecting directly to Langley Events center Hub.

General Info

Price $23,000,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 2.44
Lot Size Depth Feet
Lot Size Frontage 160
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R3062655
Building Name -
Area Langley
Neighbourhood Willoughby Heights
City Langley
Postal Code V2Y 2C2
Price per Sqft -
Gross Taxes 0
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Well Drilled

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning SR2
Rental Suites -
# of Kitchens -
Locker -
View Description -
Units In Development -

Property Timeline

Status Date Price
R3062655 / Active 10-28-2025 $23,000,000
Listed by: Sutton Group-West Coast Realty (Abbotsford)

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.

Neighborhood & Transit Info

Public Schools

Elementary
Willoughby Elementary School
Average
1.54 km
6.6/10
Middle
Yorkson Creek Middle School
0.9 km
Secondary
R E Mountain Secondary School
1.55 km

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

Private Schools

Elementary, Secondary
King's School
Above Average
3.51 km
7.3/10
Elementary, Secondary
King's School
Above Average
3.51 km
7.3/10

Closest Transit

Bus Stop
Carvolth Exchange @ Bay 7
0.2 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
4.79 km

Crime Rate

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

Demographics

Post-Secondary Education
Average
27.3%
No Certificate/Degree
Below Average
10%
Owner Occupied
Above Average
81.5%
Employment Rate
Average
66%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($4,600,000), the estimated monthly payment for this listing is $87,844/month — $87,844 principal & interest.
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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $47,380/month, this property runs a $41,613/month shortfall after mortgage and carrying costs. Break-even requires approximately 58% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $23,000,000
Langley Loading...
Willoughby Heights Loading...
Based on 23 comparable active Lands in Willoughby Heights, the average asking price is $647,109. This listing is priced 3454.3% above the neighbourhood 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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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

Property FAQs

What are the closest top-rated schools to 20224 86 Avenue, Langley, BC?
The closest top-rated schools are Willoughby Elementary School and Yorkson Creek Middle School.
Is 20224 86 Avenue, Langley, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 20224 86 Avenue, Langley, BC?
With a standard down payment, the estimated monthly mortgage is approximately $138,000.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $133,275
0 of 17 missions

Sign up on Estateblock.com

$6,664 / 5%

Buy with us & save on this property

Similar Lands for Sale in Langley

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent