$2,400,000

20040 50 AVENUE, Langley BC V3A 3S7

5 Beds 2.0 Bath 2,286 Sq Ft Built 1969

Detached

Listed by: Sutton Premier Realty.

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Description

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.

Location

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Property Details

Property Type	Detached
Sub Type	Single Family Residence
Bedrooms	5
Bathrooms	2.0
Living Area	2,286 sq ft
Lot Size	16,464 sq ft
Year Built	1969
Stories	2.0
Listing ID	R3135214

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20040 50 AVENUE, Langley BC V3A 3S7
MLS® R3135214 · $2,400,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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