1 / 4 photos

$10,880,000

20326-20350 72 AVENUE

Langley BC V2Y 1S8 - Willoughby Heights

About This Property

Rare multi-family development opportunity in the heart of Langley. 20326 & 20350 72 Avenue offer a combined 1.84 gross acres with proposed CD zoning and plans for a 6-storey residential apartment project with 218 homes. The concept includes underground parking, indoor and outdoor amenity areas, greenway dedication and strong frontage along 72 Avenue with…

Property Details

MLS NumberR3143888

Lot Size80,150.4 sqft

Days on Market104

StatusActive

Listed ByRoyal LePage Global Force Realty

School Catchment

Elementary Donna Gabriel Robins

Secondary R.E. Mountain

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$950,000Median home value

$102,000Median household income

64.5%Owner-occupied

36.1%Single-detached homes

2.9Avg household size

35.2Median age

36.9%Bachelor's degree or higher (25-64)

54.4%Commute under 30 min

92.5%Drive to work

37.6%Foreign-born residents

7,396Neighbourhood population

Age

Under 1519.4%
15 to 6471.6%
65 and over9.1%

Household size

1 person19.4%
228.8%
318%
419.6%
5 or more14.1%

Language spoken at home

55.7% English mother tongue

Korean10%
Mandarin6.8%
Punjabi4.7%
English + other4.6%
Tagalog2.4%
Spanish2.2%
All others13.6%

Mother tongue, share of 7,385 residents.

How this pocket differs

more 5+ person households than Willoughby Heights 14.1% vs 11.6%
notably more Punjabi speakers than Willoughby Heights 4.7% vs 3%
more Mandarin speakers than Willoughby Heights 6.8% vs 4.8%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

ZoningSR-2Bylaw (PDF) ↗

Lot size39,595 sqft

Lot dimensions142 × 278 ft

Lot shapeRectangular

Multi-unit potential (Bill 44 / SSMUH)

Units allowedUp to 4

Max height3 storeys

Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear

Est. buildable~39,468 sqft

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.

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.