$6,850,000
19948 55a Ave, Langley BC – Land for Sale – MLS® R3124343
19948 55a Avenue, Langley, British Columbia V3A 3X5
159 days on the market
$7,500,000
Est. Mortgage $33,180/mo
Listing updated:
EstateBlock checked:
0
sqft
Photos
Property Details for 19948 55a Avenue
A turnkey Multi-Family Development opportunity in the heart of Langley City! Development Permit already issued, 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
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
- Elementary
- Nicomekl Elementary School
- Average 0.62 km
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
- Elementary,Secondary
- Crescent Heights Academy
- Above Average 2.03 km
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
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
159 DOM
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 16.2% — conditions are balanced. With only 425 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
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Fire
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
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline. Nearest station: Surrey East, Surrey (~3.8 km). Annual avg AQHI 1.8 — Low Risk.
Heat
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
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
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)
- Fraseâ 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—
|
Distance368 m
|
|
Nicomekl Elementary School |
Public |
Grades ServedK-5
|
Catchment InfoIn Catchment
|
Distance620 m
|
|
Choices Program |
Public |
Grades Served—
|
Catchment Info—
|
Distance740 m
|
|
Whytecliff Agile Learning Centre-Langley |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.32 KM
|
|
Douglas Park Community |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.38 KM
|
|
H D Stafford Middle |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.46 KM
|
|
Blacklock Fine Arts Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance1.60 KM
|
|
Simonds Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance1.60 KM
|
|
Latimer Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.72 KM
|
|
Hazelgrove Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.87 KM
|
|
Crescent Heights Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.03 KM
|
|
Langley Meadows Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.03 KM
|
|
Alice Brown Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.37 KM
|
|
Diamond School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.64 KM
|
|
Sunrise Ridge Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.64 KM
|
|
Uplands Elementary School |
Public |
Grades ServedK-6
|
Catchment Info—
|
Distance2.66 KM
|
|
Fraser Valley School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.68 KM
|
|
Bibleway Christian Academy |
Independent |
Grades ServedK-4, 6-12
|
Catchment Info—
|
Distance2.74 KM
|
|
Langley Secondary School |
Public |
Grades Served9-12
|
Catchment InfoIn Catchment
|
Distance2.88 KM
|
Walkability & Transit Near 19948 55a Avenue
Car-Dependent
68
Walk Score - Somewhat Walkable
Some errands can be accomplished on foot
Some Transit
61
Transit Score - Good Transit
Many nearby public transportation options
Somewhat
Bikeable 72
Bikeable 72
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.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
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
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/ month
Principal: —
Interest, tax, insurance, fees: —
Rent vs own
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Principal paid off by year 5
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Principal paid off by year 10
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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
This Home
$7,500,000
Langley
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Langley City
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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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy
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