House
4 Bedrooms
2 Bathrooms
Size: 1,618 sqft
Built in 1935
$2,999,000
About this House in Langley City
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.
Listed by Medallion International Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Lynn Le Drew for your convenience.
Disclaimer: 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.
More Details
- MLS®R3124705
- Bedrooms4
- Bathrooms2
- TypeHouse
- Size1,618 sqft
- Lot Size23,500 sqft
- Frontage100.00 ft
- Full Baths2
- Half Baths0
- Taxes$17095.14
- BasementPartially Finished, Exterior Entry
- Storeys2 storeys
- Year Built1935
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The Neighbourhood and Accessibility of 20037 56 Avenue, Langley City, Langley
More about Langley City, Langley
Latitude: 49.1045862
Longitude: -122.6677046
