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Welcome to 20188 53rd Ave, Langley BC - a fantastic investment opportunity with endless potential for development and growth. This turn-key fourplex sits on a sprawling 9,600sqft lot with multi-storey development and land assembly potential, perfect for investors and developers alike. The property is located in Langley City's official community plan, zoned for low-rise residential, and has the potential for a multi-storey building between 3-6 storeys and 1.4 - 2.1 FAR (subject to confirmation with the City). The property is currently fully rented, providing a stable and long-term cash flow for any potential buyer. Plus, with just a 2-minute drive (or 13-minute walk) to the proposed future skytrain route, this property is situated in a prime location just moments away from downtown Langley
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General Information
| Property Type | Fourplex |
|---|---|
| Dwelling Type | Fourplex |
| Style | Login for access |
| Stories | 2 |
| Price | $2,199,000 |
| Price Per Square Foot | Login for access |
| Gross Taxes | $5,695 |
| Kitchens | Login for access |
| Year Built | 1970 |
| Square Feet | 5040 |
| Lot Size (Acres) | 0.22 |
| Parking Spaces | Login for access |
| Fireplace | 0 |
Construction
| Construction | Login for access |
|---|
Room Information
Bathrooms
Date Listed
Listing Office: Homelife Benchmark Realty Corp. (Branch)
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