Prime redevelopment opportunity in a rapidly growing area. Development Application in place for a proposed 90-unit condominium project with City requirements substantially addressed. Creek setbacks approved by Fisheries and Oceans Canada and supported by a QEP; Highly efficient design with approx. 84% saleable area (54,650/65,037 sqft) maximizing buildable yield while maintaining cost efficiency. Transit-oriented location allows for reduced parking requirements, further enhancing density and overall project viability. Centrally located with strong future growth potential. Low-cost, high-upside investment—build & sell, build & hold, or generate strong long-term rental income and cash flow. Call today! Must be sold in conjunction with neighbouring property at 20049 56 Avenue.
Address
20037 56 Avenue
List Price
$3,699,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Langley
Sub-Area
Langley City
Bedrooms
4
Bathrooms
2
Floor Area
1,618 Sq. Ft.
Main Floor Area
1218
Lot Size
23500 Sq. Ft.
Lot Size Dimensions
100 x 235
Lot Size (Acres)
0.54 Ac.
Lot Size Units
Square Feet
Total Building Area
1618
Frontage Length
100
Year Built
1935
MLS® Number
R3117519
Listing Brokerage
Medallion International Realty Ltd.
Basement Area
Partially Finished, Exterior Entry
Postal Code
V3A 3Y3
Zoning
R1
Ownership
Freehold NonStrata
Parking
Additional Parking, Open, RV Access/Parking
Tax Amount
$17,095.14
Tax Year
2025
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Baseboard
Levels
Two
Number Of Floors In Property
2
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