20040 50 AVENUE

Langley, British Columbia V3A3S7

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$2,400,000

2,286.04 sqft

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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:41617)

General Info

Fireplace Present: Yes

Basement: Full (Finished)

Building Type: House

Utilities: ElectricityNatural GasWater

Parking: Garage

Other Details 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:41617)