20298 50 AVENUE, Langley

$1,599,999

This 12,000 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.

Attention investors and buyers! Check out this large home situated on a 12,000 sqft corner lot. The fenced yard provides a great place for your kids and pets to play. A Covered patio area right outside the kitchen for relaxation. This home also provides great rental income with potential to add another suite or developers can apply to build up to a fourplex or your dream home!! This centrally located home provides easy access to shopping and recreation. Call now for a private showing.

How this price compares

This lot asks $133 per square foot of lot. That is 51% above the median of $89 across the 210 active lots VanPlex is showing in Langley, and puts it 161 of 210 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
$1,599,999
Lot size
12,000 sqft
Lot dimensions
85 x 141
Frontage
85 ft
Bedrooms
6
Bathrooms
5
Year built
1974
MLS® area
Langley City
MLS® number
R3171007

Want the PlexScore and return on equity for this lot? Try PlexPro free for 14 days. Cancel before day 14 and you pay nothing.

Listing data via MLS®. Displayed for information only.