About 20188 53 Avenue
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
Features of 20188 53 Avenue
| MLS® # | R2771020 |
|---|---|
| Price | $2,199,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 5,040 |
| Acres | 0.22 |
| Year Built | 1970 |
| Type | Multi-Family |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 20188 53 Avenue |
|---|---|
| Area | Langley |
| Subdivision | Langley City |
| City | Langley |
| Province | BC |
| Postal Code | V3A 3V1 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Open |
Interior
| Heating | Baseboard, Electric |
|---|
Listing Details
| Office | Homelife Benchmark Realty Corp. (Branch) |
|---|