20037 56 Avenue, Langley City, Langley (R3124705)

$2,999,000

20037 56 Avenue
Langley City, Langley

Size of Property

4 Bedrooms, 2 Bathrooms
Size: 1,618 sqft
Lot: 23,500 sqft
MLS® #: R3124705

construction

Built: 1935
Property Type: House
2 storeys Storeys

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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..

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Listing Basics

City:	Langley
Subarea:	Langley City
storeys:	2 storeys
taxes:	$17095.14
maintenance:	N/A
bedrooms:	4
bathrooms:	2
full baths:	2
half baths:	0

specifications

frontage:	100.00 ft
lot:	23,500 sqft
sqft:	1,618 sqft
main:	1,218 sqft

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