Court-ordered sale. Sold as is where is. A transit-oriented condo development site in the Clayton Corridor, steps from Fraser Hwy. It’s only 250m from the future SkyTrain station (184 St/Fraser Hwy), with the Surrey–Langley line anticipated to be in service by late 2029. There is an active development application for a 6 storey, 111 condo units. Property is…
Court-ordered sale. Sold as is where is. A transit-oriented condo development site in the Clayton Corridor, steps from Fraser Hwy. It’s only 250m from the future SkyTrain station (184 St/Fraser Hwy), with the Surrey–Langley line anticipated to be in service by late 2029. There is an active development application for a 6 storey, 111 condo units. Property is designated as Mid Rise Residential (2.5 FAR) as per the latest Clayton Corridor Plan. Potential for higher density as per the recent Provincial Legislation that states any property that is located between 201-400M of a Sky Train stop will be permitted for 4.0 FAR, up to 12 storeys. Drive by the site.The property is sold on an As Is where is Basis and the Buyer, Buyer’s agent to verify all relevant details.
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Property Details
MLS NumberR3072459
Lot Size40,510.8 sqft
Days on Market329
StatusActive
Listed ByHomelife Advantage Realty Ltd.
School Catchment
ElementaryRegent Road Elementary
SecondarySalish
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$695,000Median home value
$101,000Median household income
68.8%Owner-occupied
25%Single-detached homes
2.7Avg household size
35.2Median age
32.1%Bachelor's degree or higher (25-64)
59.7%Commute under 30 min
89%Drive to work
29%Foreign-born residents
3,431Neighbourhood population
Age
Under 1522%
15 to 6468.8%
65 and over9.2%
Household size
1 person22.1%
229.1%
320.5%
417.6%
5 or more10.7%
Language spoken at home
65.1% English mother tongue
Punjabi5.4%
English + other5.2%
Korean4.2%
Tagalog3.7%
Mandarin2.1%
Spanish2.1%
All others12.2%
Mother tongue, share of 3,335 residents.
How this pocket differs
more seniors 65+ than Clayton 9.2% vs 7.3%
Median dwelling value is notably lower than Metro Vancouver $695,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Land & Development
Lot size39,972 sqft
Lot dimensions122 × 371 ft
Lot shapeSlightly irregular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 2within 400 m of a station
Max density4 FAR
Max height12 storeys
Est. buildable~160,652 sqft
Nearest stationHillcrest-184 Street Station (future, ~2029)261 m away
Within a provincially designated Transit-Oriented Area, this lot may support up to 4 FAR / 12 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.
Monthly Cost Calculator
Estimated monthly cost$23,374
Mortgage payment$21,184
Property tax$1,739
Home insurance$450
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Monthly cost
Estimated monthly$23,374
$3,820,000$5,180,000
20%50%
3.12%7.12%
5 years30 years
$16,673/yr$25,073/yr
$360/mo$540/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Oct 28
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