20040 50 AVENUE, Langley
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)
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
Bedrooms
5
Bathrooms
2
Living Area
2286 square feet
Architectural Style
Other
Basement
Finished, Full
Lot Size
16464.31 sqft
Heating
Forced air, Natural gas
Water Source
Municipal water
Sewer
Sanitary sewer
Utilities
$2,400,000
Office
Sutton Premier Realty
Loan Amount:
$1,920,000
Estimated Monthly Payment:
$9,356
This is an estimate for informational purposes only. Consult with a financial advisor.
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