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.
Address
20040 50 Avenue
List Price
$2,400,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Basement Entry
Structure Type
Residential Detached
Transaction Type
Sale
Area
Langley
Sub-Area
Langley City
Bedrooms
5
Bathrooms
2
Floor Area
2,286 Sq. Ft.
Main Floor Area
1152
Lot Size
16464.31 Sq. Ft.
Lot Size Dimensions
70 x 224
Lot Size (Acres)
0.38 Ac.
Lot Size Units
Square Feet
Total Building Area
2286
Frontage Length
70
Year Built
1969
MLS® Number
R3135214
Listing Brokerage
Sutton Premier Realty
Basement Area
Full
Postal Code
V3A 3S7
Zoning
R1
Ownership
Freehold NonStrata
Parking
Garage Single, Front Access, Asphalt
Parking Places (Total)
3
Tax Amount
$7,387.91
Tax Year
2025
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air, Natural Gas
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
1
Entry Location
Exterior Entry
Number Of Floors In Property
2
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