A turnkey Multi-Family Development opportunity in the heart of Langley City! Development Permit already issued with approximately $1,000,000 in City related expenses paid to date, of which approximately 60% is reimbursable to the Investor, ready for Building Permit. This exceptional project consists of 126 modern condominium homes with the potential to…
A turnkey Multi-Family Development opportunity in the heart of Langley City! Development Permit already issued with approximately $1,000,000 in City related expenses paid to date, of which approximately 60% is reimbursable to the Investor, ready for Building Permit. This exceptional project consists of 126 modern condominium homes with the potential to convert into a revenue generating rental complex. Featuring studio,1 & 2 bedroom homes with enclosed balconies, catering to both end-users and long-term rental demand. Strategically located near the future SkyTrain expansion, this prime transit-oriented Development offers excellent accessibility and long term growth potential. A great opportunity for Developers & Investors seeking a ready-to-build project. Visit https://opuslangley.ca/
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Property Details
MLS NumberR3124343
Lot Size43,500 sqft
Days on Market67
StatusActive
Listed ByCentury 21 Coastal Realty Ltd.
School Catchment
ElementaryNicomekl
SecondaryLangley
Neighbourhood
$464,000Median home value
$77,000Median household income
59.7%Owner-occupied
6%Single-detached homes
2.1Avg household size
35.6Median age
25.5%Bachelor's degree or higher (25-64)
56%Commute under 30 min
84.1%Drive to work
31%Foreign-born residents
5,729Neighbourhood population
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Location
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 4 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~128,086 sqft
Nearest stationLangley City Centre Station (future, ~2029)760 m away
Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still apply.
Approximate lot lines (ParcelMap BC)
Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.
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