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Featured properties |
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20037 56 AVENUE, Langley, BC, V3A 3Y3
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| MLS® no |
R3124705 |
Subarea: |
Langley City |
Listed Price:
$2,999,000 |
| Basement: |
Partially Finished |
Maintenance: |
N/A |
| Bedrooms |
4 |
Bathrooms |
2 |
| Lot
Size: |
23,500 sqft |
Size |
1,618 sqft |
| Age: |
91 |
Taxes: |
$17,095 in 2025 |
| Listing Provided by: Medallion International Realty Ltd. |
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Description:
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. |
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Disclaimer
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listings held by participating real estate firms are marked with the
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includes the name of the listing agent. This representation is based
in whole or part on data generated by the Real Estate Board of
Greater Vancouver or the Fraser Valley Real Estate Board which
assumes no responsibility for its accuracy. The materials contained
on this page may not be reproduced without the express written
consent of the Real Estate Board of Greater Vancouver or the Fraser
Valley Real Estate Board.
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