19948 55a Ave, Langley BC - Land for Sale - MLS# R3124343

114 days on the market
$7,500,000
Est. Mortgage $33,180/mo
Listing updated:
EstateBlock checked:
0 sqft
114 days on the market
$7,500,000
$6,850,000
Est. $33,180/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 19948 55a Avenue

A turnkey Multi-Family Development opportunity in the heart of Langley City! Development Permit already issued with approximately $1,000,000 in City related expenses paid to date, of which approximately 60% is reimbursable to the Investor, ready for Building Permit. This exceptional project consists of 126 modern condominium homes with the potential to convert into a revenue generating rental complex. Featuring studio,1 & 2 bedroom homes with enclosed balconies, catering to both end-users and long-term rental demand. Strategically located near the future SkyTrain expansion, this prime transit-oriented Development offers excellent accessibility and long term growth potential. A great opportunity for Developers & Investors seeking a ready-to-build project. Visit https://opuslangley.ca/

Exterior Features

Structures Land Only

Building Details

Price $7,500,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Available, Storm Sewer Available, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 43500
Lot Size Depth Metres
Lot Size Frontage 109.3
MLS® # R3124343
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 3X5
Gross Taxes $49,882
Zoning SFD

Property Timeline

Status Date Price
R3124343 / Active 05-15-2026 $7,500,000

Listed by: 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.

Map & Neighbourhood

Public Schools

Secondary
Langley Secondary School
Average 2.88 km 5.2/10
Elementary
Nicomekl Elementary School
Average 0.62 km 4.7/10

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

Private Schools

Elementary
Whytecliff Agile Learning Centre-Langley
Average 1.32 km 4.4/10
Elementary,Secondary
Crescent Heights Academy
Above Average 2.03 km 9.5/10

Closest Transit

Bus Stop
Southbound 200 St @ 56 Ave
0.14 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
0.87 km

Crime Rate

Total Crime Rate
High
Violent Crime Rate
Above Average
Property Crime Rate
High

Demographics

Post-Secondary Education
Below Average 13.1%
No Certificate/Degree
Above Average 18.5%
Owner Occupied
Above Average 76.2%
Employment Rate
Below Average 50.4%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

54 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 0.87 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How LANGLEY CITY compares
This property
114 DOM
Listed
Langley City avg
Langley avg

19948 55a Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 17.7% — conditions are balanced. With only 486 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3A 3X5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3A 3X5, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~3.8 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - City currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (35 nearby)

  • Petro-canada · 196 m · Car Wash
  • Langley hair studio · 536 m · Hairdresser
  • Langley barber shop · 541 m · Hairdresser

Restaurants (20 nearby)

  • Jim's pizzeria · 556 m · Restaurant
  • Emilio finatti pizzeria · 631 m · Restaurant
  • Akedo showten ramen+gyoza · 634 m · Restaurant

Groceries (7 nearby)

  • Holland shopping centre · 687 m · Supermarket
  • Save-on-foods · 712 m · Supermarket
  • Valley centre liquor store · 736 m · Beverages

Cafes (4 nearby)

  • Gossip corner cafe · 348 m · Cafe
  • Lemon bakery · 571 m · Cafe
  • Starbucks · 675 m · Cafe

Healthcare (4 nearby)

  • Frase℞ medicine centre pharmacy · 648 m · Healthcare
  • Community pharmacy · 668 m · Healthcare
  • Shoppers drug mart · 760 m · Healthcare

Transit (2 nearby)

  • Skytrain @ langley city centre station ( under construction till 2029) station · 872 m · Transit
  • Bus stop westbound fraser hwy @ langley bypass · 999 m · Transit

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Focus Alternate

Public

Grades Served

Catchment Info

1.7 / 10

Distance

368 m

Nicomekl Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
4.7 / 10

Distance

620 m

Choices Program

Public

Grades Served

Catchment Info

4.1 / 10

Distance

740 m

Whytecliff Agile Learning Centre-Langley

Independent

Grades Served

Catchment Info

4.4 / 10

Distance

1.32 KM

Douglas Park Community

Public

Grades Served

Catchment Info

5.3 / 10

Distance

1.38 KM

H D Stafford Middle

Public

Grades Served

Catchment Info

2.5 / 10

Distance

1.46 KM

Blacklock Fine Arts Elementary School

Public

Grades Served

K-5

Catchment Info

5.5 / 10

Distance

1.60 KM

Simonds Elementary School

Public

Grades Served

K-5

Catchment Info

3.2 / 10

Distance

1.60 KM

Latimer Road Elementary School

Public

Grades Served

K-7

Catchment Info

3.2 / 10

Distance

1.72 KM

Hazelgrove Elementary

Public

Grades Served

Catchment Info

5.7 / 10

Distance

1.87 KM

Crescent Heights Academy

Independent

Grades Served

Catchment Info

9.1 / 10

Distance

2.03 KM

Langley Meadows Elementary

Public

Grades Served

Catchment Info

6.2 / 10

Distance

2.03 KM

Alice Brown Elementary

Public

Grades Served

Catchment Info

4.9 / 10

Distance

2.37 KM

Diamond School

Independent

Grades Served

Catchment Info

8.0 / 10

Distance

2.64 KM

Sunrise Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

2.64 KM

Uplands Elementary School

Public

Grades Served

K-6

Catchment Info

6.4 / 10

Distance

2.66 KM

Fraser Valley School

Independent

Grades Served

Catchment Info

5.9 / 10

Distance

2.68 KM

Bibleway Christian Academy

Independent

Grades Served

K-4, 6-12

Catchment Info

8.2 / 10

Distance

2.74 KM

Langley Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
5.2 / 10

Distance

2.88 KM

Walkability & Transit Near 19948 55a Avenue

Walk Score Badge
Car-Dependent 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
75

Bike Score - Very Bikeable

Biking is convenient for most trips

Mortgage Calculator for 19948 55a Avenue

/month
Principal & Interest
Property Taxes $4,157
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,500,000), the estimated monthly payment for this listing is $32,802/month — $28,645 principal & interest, $4,157 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $15,411/month, this property runs a $17,820/month shortfall after mortgage and carrying costs. Break-even requires approximately 70% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 19948 55a Avenue, Langley

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Langley City, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $7,500,000
Langley Loading...
Langley City Loading...

No active comparable properties are currently available for this property type in Langley. The price evaluation chart will update as similar listings enter the market.

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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 19948 55a Avenue

Walk Score Badge
Car-Dependent 68

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 61

Transit Score - Good Transit

Many nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
75

Bike Score - Very Bikeable

Biking is convenient for most trips

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