7510 198B STREET, Langley
$5,000,000
This 42,048 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.
Exceptional development opportunity in the heart of Langley's. This prime property forms part of an approved townhouse redevelopment site, offering outstanding investment potential in one of Metro Vancouver's fastest-growing neighborhoods. Ideally located close to Highway 1, schools, parks, shopping, restaurants, and the future SkyTrain corridor. A rare chance for builders, developers, and investors to secure a strategic property in a rapidly developing area. Buyer to verify all development details with the Township of Langley.
How this price compares
This lot asks $119 per square foot of lot. That is 32% above the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 135 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
- $5,000,000
- Lot size
- 42,048 sqft
- Lot dimensions
- 144 x 292
- Frontage
- 144 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1971
- MLS® area
- Willoughby Heights
- MLS® number
- R3146933
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Listing data via MLS®. Displayed for information only.