20788 71B AVE, Langley BC V2Y 1T3, Langley, BC

$6,499,888
Est. Mortgage /mo

MLS® R2946312

$6,499,888
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 40075 sqft
1943 sqft
1985 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

Opportunity to acquire a prime 0.92 Acre Development Site in Langley, BC. Designated "Medium Density Apartment" in the NE Gordon NCP, with the potential for over 80 condo units. Several active development applications are underway in the nearby vicinity along with community infrastructure projects such as the Townships Smith Athletic Park, Secondary & High Schools. House on the property is currently tenanted, providing interim holding income. The site is generally flat with no watercourses. With the rapid growth of the Township of Langley this is a great opportunity for developers to build affordable options in a prime location

General Info

Price $6,499,888
Total Bedrooms 4
Total Bathrooms 2
Half Bathrooms 1
Floor Area Total (sqft) 1943
Lot Size 40075
Lot Size Depth Feet
Lot Size Frontage 245.4
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1985
Age Of Building 40
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2946312
Area Langley
Neighbourhood Willoughby Heights
City Langley
Gross Taxes $11,139.67
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 1
Heating Type Natural Gas

Utilities

Utility Type Electricity Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Cistern

Parking

Parking Type Additional Parking, Detached, RV Access/Parking, Front Access
Total Parking Spaces 8

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Strata Restrictions -
Rental Restrictions -
Zoning SR-2
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
Active - $6,499,888
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Listed by: Sutton Group-Alliance R.E.S. & Century 21 Coastal Realty Ltd. & Century 21 Coastal Realty Ltd.

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
Willoughby Elementary School
Average
1.67 km
Rating 6.6/10
Middle
Yorkson Creek Middle School
2.51 km
No Rating
Secondary
R E Mountain Secondary School
1.7 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
Fraser Valley Elementary School
1.26 km
Rating 6.3/10
Elementary, Secondary
King's School
2.25 km
Rating 7.3/10

Closest Transit

Translink
Northbound 208 St @ 70 Ave
0.26 km

20788 71B AVENUE, Langley BC V2Y 1T3 is serviced by Willoughby Elementary School. The property with listing MLS® R2946312 is located 1.67 km from the school. Willoughby Elementary School has a rating of Rating 6.6/10.

The closest Elementary independent school to this home for sale located at 20788 71B AVENUE, Langley BC V2Y 1T3 is Fraser Valley Elementary School with School's rating Rating 6.3/10, located 1.26 km from this home.

The closest to this address 20788 71B AVENUE, Langley BC V2Y 1T3 Secondary independent school is King's School with School's rating Rating 7.3/10, located 2.25 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 10,154 volation disturbances in this neighbourhood. The overall crime rate near the address - 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC is 7,580.38. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -11.06%

Drug crime rate next to the listing MLS® R2946312 is Average comparing to other neighbourhoods. The illegal substances offences rating is 243.37. There were 326 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -2.38%

Property crimes in the neighbourhood close to real estate listing for sale 20788 71B AVENUE, Langley BC V2Y 1T3 are Above Average. Property misconduct rating adjacent to MLS® R2946312 is 4,065.67. There were 5,446 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -19.88%

There were 1,456 violent lawbreaking disorders in 2020. 1,086.96 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -6.24%

The closest Bus station is Northbound 208 St @ 70 Ave in 0.26 km away from this listing with - MLS® R2946312.

24.2% of people with university certificate/degree live in this neighbourhood adjacent to the 20788 71B AVENUE, Langley BC V2Y 1T3 which is Above Average in comparison with other BC neighbourhoods. 12% of population in this neighbourhood that is near the Listing MLS® R2946312 have no certificate or degree. This number is Low compared to the average in BC.

Median Household Income near this dwelling with the address 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC is $93216 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2946312 is $34395 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 78.9% which is High.

Unemployment rate in the area around Real Estate Listing # R2946312 is 5.9 which is Below Average in comparison to the other province neighbourhoods.

This real estate is located in 20788 71B AVENUE, Langley BC V2Y 1T3 Willoughby Heights where population change between 2011 and 2016 was 16.3%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC is 1291.6 which is Average people per sq.km.

Average size of families in the area adjacent to home for sale 20788 71B AVENUE, Langley BC V2Y 1T3 is 3.2. This is High number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2946312 is 76.3% and it is High. % of Married or living common law is around 63.6% and it is Above Average.

Average age of the population close to the 20788 71B AVENUE, Langley BC V2Y 1T3 is 34 . This percentage is Low in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC is $794777 and this is High comparing to other areas in British Columbia

Average Owner payments are High in the area adjacent to 20788 71B AVENUE, Langley BC V2Y 1T3. $1882 owners spent in average for the dwelling. Tenants are paying $1545 in this district close to MLS® R2946312 and it is High comparing to other cities.

21.9% of Population in this district near the 20788 71B AVENUE, Langley BC V2Y 1T3 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC is 5.1%, it is Below Average, % of English speakers only is 91.3% and Average. % of French speakers adjacent to 20788 71B AVENUE, Langley BC V2Y 1T3 only is 0.1% and it is Below Average. % of Neither English nor French speakers close to home for sale 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC is 3.4% and it is High comparing to other BC cities.

6.5% of all population in the area around this property with the address 20788 71B AVENUE, Langley BC V2Y 1T3, Langley, BC using Public Transport which is Below Average, 90.6% of using population are using Cars around MLS® R2946312, which is Above Average. 0.4% of people using Bicycles around the 20788 71B AVENUE, Langley BC V2Y 1T3 and it is Low. 1.4% of population are walking which is Low

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $6,499,888
Langley No comparables
Willoughby Heights No comparables
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
778-918-5990
Call or Text Now!
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