Area: British Columbia
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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 (id:44056)

Property Details

Full Address:
20049 56 AVENUE, Langley, British Columbia
Price:
$ 499,000
MLS Number:
R3124708
List Date:
May 19th, 2026
Lot Size:
5820 sq.ft.
Year Built:
1939
Taxes:
$ 5,902
Listing Tax Year:
2025

Interior Features

Bedrooms:
4
Bathrooms:
2
Heating:
Natural gas
Basement:
Partially finished, Partial, Separate entrance

Building Features

Architectural Style:
2 Level
Sewer:
Sanitary sewer, Storm sewer
Water:
Municipal water
Garage:
Detached Garage, Open
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 5,902

Floors

Finished Area:
1800 sq.ft.

Land

Lot Size:
5820 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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KP Sahota Medallion International Realty Ltd.
 604-374-5800
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Listing Agent(s)

Listing: KP Sahota
Medallion International Realty Ltd.

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