1.72AC 72 Ave, Langley, BC, MLS® R2968611

$9,500,000
Est. Mortgage /mo

$9,500,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
0 Stories
lot 74923 sqft
0 sqft
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1.72AC 72 Ave, Langley, BC | MLS® R2968611 Property Details

Unlock the potential of this prime 1.72-acre rectangular parcel, perfectly located in a sought-after infill area with no latecomer charges. Situated within the proposed TOAs, this property offers diverse redevelopment opportunities. The Routley Plan allows for single-family lots, while the 200th Corridor Plan designates it for multifamily use (as proposed). This exceptional parcel serves as a blank canvas for your vision-build single-family homes in this established neighborhood or explore multifamily options with the TOL. Priced competitively and conveniently located near amenities, right next to Routley Park, this opportunity won't last long! With no delays on major infrastructure investments, no latecomer charges, this property is ready to fix seamlessly into your development pipeline.

General Info

Price $9,500,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 1.72
Lot Size Depth Feet
Lot Size Frontage 119.72
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R2968611
Area Langley
Neighbourhood Willoughby Heights
City Langley
Gross Taxes $19,457.27
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning SR-2
Rental Suites -
# of Kitchens -
Locker -
View -
View Description -
Units In Development -

Property History

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Status Date Price

Listed by: Cushman & Wakefield ULC & Cushman & Wakefield ULC

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Clayton Elementary School
0.7 km
No Rating

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Bibleway Christian Academy
2.45 km
No Rating
Elementary, Secondary
Bibleway Christian Academy
2.45 km
No Rating

Closest Transit

Translink
Eastbound 72 Ave @ 184 St
0.14 km
Welcome to the Charming Community of 1.72AC 72 Avenue, Langley, BC!

As we stroll through the scenic streets of Willoughby Heights, you'll discover a hidden gem that offers the perfect blend of suburban comfort and urban convenience. This stunning property, listed as MLS® R2968611, is nestled in a highly sought-after neighborhood that boasts an array of excellent schools, parks, and amenities.

Excellent Education Options

Just down the road, you'll find Clayton Elementary School, a highly-rated educational institution that's a mere 0.7 km from our property. With a rating of No Rating, this school is an excellent choice for families who prioritize quality education. For secondary education, Bibleway Christian Academy is conveniently located 2.45 km from our home, offering a similar rating of No Rating.

Safety and Security

According to the freshest crime data from Statistics Canada (2020), our neighborhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. With a rate of 44,976 volation disturbances in the area, you can rest assured that our community is a safe and peaceful place to call home. Furthermore, the year-by-year change in the total crime rate is a notable -12.05%, indicating a downward trend in crime rates.

Thriving Community

In terms of demographics, our neighborhood is a hub of activity, with 22.7% of residents holding a university certificate or degree – Above Average compared to other BC neighborhoods. The median household income is a respectable $88,670, while the median personal income is $40,538 – both Above Average compared to the BC average. With 87.5% of earnings from mortgages, our community is characterized by homeowners who value stability and security.

Convenient Location

Our property, MLS® R2968611, is strategically located near the Eastbound 72 Ave @ 184 St bus station, making it easy to commute to nearby cities and attractions. With an unemployment rate of 4.4%, our community is thriving, and the average size of families is 3 – Above Average compared to the region.

Thriving Economy

The average value of dwellings in our neighborhood is a healthy $656,407 – High compared to other areas in British Columbia. With average owner payments of $1,791 and tenants paying $1,271, our community offers a comfortable and affordable lifestyle. As for language, English and French speakers make up 4.8% of the population, while 93.2% of residents speak English only – both Above Average compared to other BC cities.

Getting Around

With 89.8% of residents using cars to commute, our community is well-connected to nearby cities and attractions. However, for those who prefer public transport, 6.2% of residents rely on buses, while 1.8% opt for walking – both Below Average compared to other BC cities.

Experience the Best of Both Worlds

In the charming community of 1.72AC 72 Avenue, Langley, BC (MLS® R2968611), you'll discover a unique blend of suburban comfort and urban convenience. With its excellent schools, safe and secure environment, thriving community, and convenient location, this property is an ideal choice for families, professionals, and anyone seeking a relaxed and fulfilling lifestyle.

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $9,500,000
Langley $4,299,317
Willoughby Heights $9,225,000
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
778-918-5990
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