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19839 28 AVENUE, Langley

$5,999,900

This 103,237.2 sqft property in Langley is a detached single-family home on a lot the new rules make suitable for a multiplex. Langley follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The coming SkyTrain extension will widen where the higher counts apply.

Investor/developer alert - 2.37 acres of flat land in the prime location of the BOOTH NCP in Brookswood OCP. Land is designated for Employment Land Use (with Corresponding Zoning M-1A and M1B Service Industrial). Currently, there is a house and shop on the property, which is rented on a month-to-month basis. There is an application for truck parking across the street.

How this price compares

This lot asks $58 per square foot of lot. That is 35% below the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 79 of 213 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$5,999,900
Lot size
103,237.2 sqft
Lot dimensions
161 x (2.37AC)
Frontage
161 ft
Bedrooms
2
Bathrooms
1
Year built
1961
MLS® area
Brookswood Langley
MLS® number
R3073692

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Listing data via MLS®. Displayed for information only.