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$1,400,000

3012 271 STREET

Langley BC V4W 3C4 - Aldergrove Langley

2 bd

2 ba

1,334 sqft

Built 1946

About This Property

Medium Density Development Site. The property features a 2 Bed, 2 Bath, 1,334 Sq.ft. home with potential rental income of $2,500k/month. Great development potential in a new highly desirable neighbourhood. Close proximity to 272 Street and Fraser Highway – with easy access to Highway 1.Value is in the land.

Property Details

MLS NumberR2947335

Property TypeSingle Family Residence

Bedrooms2

Bathrooms2

Square Feet1,334

Lot Size12,450 sqft

Year Built1946

Parking Spaces1

StatusClosed

Listed ByHomelife Advantage Realty Ltd.

School Catchment

Elementary Shortreed

Secondary Aldergrove Community

Neighbourhood

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

$900,000Median home value

$95,000Median household income

73.9%Owner-occupied

49.4%Single-detached homes

2.8Avg household size

40.8Median age

12.6%Bachelor's degree or higher (25-64)

54.2%Commute under 30 min

93.1%Drive to work

15.4%Foreign-born residents

7,810Neighbourhood population

Age

Under 1517.9%
15 to 6465.6%
65 and over16.5%

Household size

1 person23.8%
228.9%
316.7%
416%
5 or more14.7%

Language spoken at home

79.2% English mother tongue

Punjabi6.3%
Vietnamese4%
English + other1.9%
German1%
Tagalog0.8%
Spanish0.6%
All others6.2%

Mother tongue, share of 7,725 residents.

How this pocket differs

more Vietnamese speakers than Aldergrove Langley 4% vs 3.2%

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

Land & Development

ZoningR-1BBylaw (PDF) ↗

Lot size12,384 sqft

Lot dimensions74 × 166 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~12,345 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.