20188 53 Avenue
Langley
V3A 3V1
$2,199,000
Multifamily
beds: 3
baths: 2.0
5,040 sq. ft.
built: 1970
- Status:
- Active
- Prop. Type:
- Multifamily
- MLS® Num:
- R2771020
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1970
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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
- Property Type:
- Multifamily
- Dwelling Type:
- Fourplex
- Home Style:
- 2 Storey
- Year built:
- 1970 (Age: 53)
- Total area:
- 5,040 sq. ft.
- Total Floor Area:
- 5,040 sq. ft.
- Total unfinished area:
- 0 sq. ft.
- Main Floor Area:
- 2,520 sq. ft.
- Floor Area Above Main:
- 2,520 sq. ft.
- Floor Area Above Main 2:
- 0 sq. ft.
- Floor Area Below Main:
- 0 sq. ft.
- Basement Area:
- 0 sq. ft.
- No. Floor Levels:
- 2.0
- Bedrooms:
- 3 (Above Grd: 3)
- Bathrooms:
- 2.0 (Full:1/Half:1)
- Kitchens:
- 1
- Rooms:
- 6
- Taxes:
- $5,695.36 / 2022
- Lot Area:
- 9,600 sq. ft.
- Lot Frontage:
- 80'
- Lot Depth:
- 120
- Outdoor Area:
- Patio(s)
- Water Supply:
- City/Municipal
- Heating:
- Baseboard, Electric
- Construction:
- Frame - Wood
- Foundation:
- Concrete Slab
- Basement:
- None
- Roof:
- Torch-On
- Floor Finish:
- Wall/Wall/Mixed
- Fireplaces:
- 0
- Parking:
- Open
- Parking Total/Covered:
- 8 / 0
- Exterior Finish:
- Stucco, Wood
- Title to Land:
- Freehold NonStrata
- LOT 131, PLAN NWP34600, DISTRICT LOT 305, GROUP 2, NEW WESTMINSTER LAND DISTRICT
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 17' × 13'8"
- -
- Main
- Kitchen
- 10' × 10'
- -
- Main
- Dining Room
- 10' × 9'
- -
- Main
- Primary Bedroom
- 15' × 13'
- -
- Main
- Bedroom
- 14' × 8'5"
- -
- Main
- Bedroom
- 14' × 8'5"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 2
- Above
- No
- 4
- Property Disclosure:
- No
- Fixtures Leased:
- No
- Fixtures Removed:
- No
- Sprinklers:
- No
- Smoke Detectors:
- Yes
- Services Connected:
- Electricity, Sanitary Sewer, Storm Sewer, Water
- Original Price:
- $2,199,000
-
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Listed by HOMELIFE BENCHMARK RLTY (CLOV)
Data was last updated September 24, 2023 at 05:10 PM (UTC)
- JONATHAN KATRONIS
- HOMELIFE BENCHMARK RLTY (CLOV)
- 778-908-2350
- jonathan@teamkatronis.com
Office Address:
#103, 5830 - 176A Street
Surrey, BC, V3S 4H5
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