20040 50 Avenue, Langley
Prime development opportunity in Langley City! This massive 16,465 sq ft (approx. 0.38 acre) lot is designated "Medium Density Residential" in the Official Community Plan, supporting potential for townhomes, rowhomes, or low-rise apartments (verify with City). Located within the Nicomekl neighbourhood plan and walking distance to the future SkyTrain station, this property offers exceptional redevelopment potential in a high-growth corridor. The site features excellent frontage and depth for efficient site planning. Current home is in rentable condition, providing holding income while you advance your project. With strong demand for multi-family housing in Langley, this is a rare chance to secure a large, well-located parcel with significant upside. (id:1945)
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Property details for 20040 50 Avenue, Langley
- Type
- Residential
- Style
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 2,286 square feet
- Lot Size
- 16464.31
- Basement
- Finished, Full
- Parking
- Garage
- Heating
- Forced air, Natural gas
- Ownership
- Freehold
- Annual Taxes
- $7,388 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 20040 50 Avenue
Active Listings
7
Min Price
$850,000
Max Price
$2,400,000
Avg Price
$1,325,386
Days on Market
50
days
Sold Listings
3
Min Sold Price
$1,110,000
Max Sold Price
$1,449,000
Avg Sold Price
$1,244,633
Days until Sold
98
days
Neighbourhood Census Data
Langley, British Columbia / Colombie-Britannique
Population
410
Median Age
46.8
Median Income
$39,808
Dwelling Value
$400,980
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 2,336.2/km²
Avg Shelter Cost: $1,373/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 0%
English only: 92.7%
English and French: 4.9%
Neither: 1.2%
Median Household Income: $84,309
Median Employment Income: $33,152
Price History
Listed
June 12, 2026
by Sutton Premier Realty
Current Price
$2,400,000
Type
Residential
For Sale
