20049 56 Avenue
Langley City, Langley
OFFERED AT: $499,000
About this House in Langley City
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 20037 56 Avenue
Listed by Medallion International Realty Ltd..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Manny Bal PREC* for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
Listing Features
- MLS®: R3124708
- Bedrooms: 4
- Bathrooms: 2
- Type: House
- Size: 1,800 sqft
- Lot Size: 5,820 sqft
- Frontage: 60.00 ft
- Taxes: $5902.1
- Parking: Detached, Open (6)
- Basement: Partially Finished, Exterior Entry
- Storeys: 2 storeys
- Year Built: 1939
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Langley City,Langley
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