BC Commercial Land For Sale, BC Land Investment

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20326 & 20350 72 Avenue
Willoughby Heights Langley V2Y 1S8

$10,880,000
Land Commercial

Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8080303
Rare multi-family development opportunity in the heart of Langley. 20326 & 20350 72 Avenue offer a combined 1.84 gross acres with proposed CD zoning and plans for a 6-storey residential apartment project with 218 homes. The concept includes underground parking indoor and outdoor amenity areas, greenway dedication and strong frontage along 72 Avenue with future 71 B Avenue access. Excellent location near 202B Street schools, parks, daycare, existing apartments and major Willoughby growth. Asking $10,888,000. Buyer to verify all development details, approvals, servicing, fees, density and timelines with the Township of Langley.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Land Commercial
Subject Property Depth:
278'10"
Subject Property Width:
288'
Lot Area:
1.84 acre(s)
Acres Freehold:
1.84 acre(s)
Acres Leasehold:
80,179.4 acre(s)
Land Lease:
Yes
Current Use:
Land Only
Zoning:
Potential to Redevelop:
No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
Yes
Services Connected:
Cable at Lot Line, Electricity Connected, Natural Gas at Lot Line, Storm Sewer at Lot Line, City Water at Lot Line
Sewer:
Public Sewer
Parcel Number:
011899930
Taxes:
$35,702.02 / 2025
No
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Royal LePage Global Force Realty
Data was last updated July 10, 2026 at 04:35 PM (UTC)
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