Prime redevelopment opportunity in a rapidly growing area. Development Application in place for a proposed 90-unit condominium project with City requirements addressed. Creek setbacks approved by Fisheries and Oceans Canada and supported by a QEP and Geotechnical consultant. Highly efficient design with approx. 84% saleable area (54,650/65,037 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 20037 56 Avenue.
Address
20049 56 Avenue
List Price
$1,799,000
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
Half Bathrooms
1
Floor Area
1,800 Sq. Ft.
Main Floor Area
1000
Lot Size
5820 Sq. Ft.
Lot Size Dimensions
60 x 97
Lot Size (Acres)
0.13 Ac.
Lot Size Units
Square Feet
Total Building Area
1800
Frontage Length
60
Year Built
1939
MLS® Number
R3117520
Listing Brokerage
Medallion International Realty Ltd.
Basement Area
Partially Finished
Postal Code
V3A 3Y3
Zoning
R1
Ownership
Freehold NonStrata
Parking
Detached, Open
Parking Places (Total)
6
Tax Amount
$5,902.10
Tax Year
2025
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas, Wood
Fireplace
Yes
Fireplace Features
Wood Burning
Number of Fireplaces
1
Levels
Two
Number Of Floors In Property
2
