23745 40 AVENUE, Langley
$1,248,800
This 13,611.76 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.
Opportunity Is Knocking. Rare 0.312-acre RU1-zoned property located OUTSIDE the ALR, unlocking exceptional development and holding potential. Strategically positioned for a smart investor, the current zoning framework allows for 2 detached dwellings with the possibility of a low-cost strata conversion (Buyer should check the potential with the Township of Langley). The property features a 3 bdrm, 1 bath home alongside a 27’1x23’2 detached shop (678 sq ft). Perfect for a home business, car enthusiast, or secure tool storage with excellent main-road exposure and easy access partway to Aldergrove. Build your custom dream home or discuss stratification possibilities. This is prime Fraser Valley real estate with endless upside. Bring your ideas!
How this price compares
This lot asks $92 per square foot of lot. That is about the same as the median of $92 across the 223 active lots VanPlex is showing in Langley, and puts it 111 of 223 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
- $1,248,800
- Lot size
- 13,611.76 sqft
- Lot dimensions
- 106.45 x 127.87
- Frontage
- 106.45 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1969
- MLS® area
- Campbell Valley
- MLS® number
- R3177317
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Listing data via MLS®. Displayed for information only.