20100 50 AVENUE, Langley
$1,849,999
This 20,160 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.
DEVELOPMENT POTENTIAL! This large, FLAT, rectangular, subdividable lot is nearly half an acre (96ft x 210ft) and situated in a prime location near 200th Street and Sendall Gardens, roughly 2 km away from the future skytrain station! Huge subdivision potential on this property as you may be able to divide the parcel into 2 lots with a total of 4 duplexes (8 UNITS! - buyer to verify with the city). Future higher density may also be possible, but buyers should verify this information. The existing home features four bedrooms on the main floor and a spacious two-bedroom suite in the basement (tenanted). Its central location provides convenient access to public transit and nearby amenities. Photos/video showcase the property’s potential and does not reflect current conditions.
How this price compares
This lot asks $92 per square foot of lot. That is 2% above the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 108 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
- $1,849,999
- Lot size
- 20,160 sqft
- Lot dimensions
- 96 x 210
- Frontage
- 96 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1978
- MLS® area
- Langley City
- MLS® number
- R2966135
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Listing data via MLS®. Displayed for information only.