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20176 28 AVENUE, Langley

$1,998,000

This 0.79 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.

FANTASTIC DEVELOPMENT PROPERTY - SURROUNDED BY DEVELOPMENT - POTENTIAL FOR 4+ LOTS OR 16+ UNITS. Designated 5,000 sq ft lots & multi-unit housing. Two road frontages - roads already in at the front & the back of the property. Prime rectangular flat & fully usable 0.79 acre. No easements. No creeks. City water & sewer out front on the street & on the street behind. Well kept rancher. 20x20 workshop plus a 15x11 workshop. Very desirable neighborhood with easy access to schools, shopping & parks. Zoning allows parking a commercial truck.

How this price compares

This lot asks $2,529,114 per square foot of lot. That is 2809289% above the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 213 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
$1,998,000
Lot size
0.79 sqft
Lot dimensions
109.91 x 313(0.79acre)
Frontage
109.91 ft
Bedrooms
2
Bathrooms
1
Year built
1958
MLS® area
Brookswood Langley
MLS® number
R3135510

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Listing data via MLS®. Displayed for information only.