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 71B 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.
| Structures | Land Only |
|---|
| Price | $10,880,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 1.84 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 288 |
| MLS® # | R3143888 |
| Area | Langley |
| Neighbourhood | Willoughby Heights |
| City | Langley |
| Postal Code | V2Y 1S8 |
| Gross Taxes | $35,702.02 |
| Zoning | SR-2 |
Listed by: Royal LePage Global Force Realty
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
20350 72 Avenue has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 60% above comparable active properties in Willoughby Heights. 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 could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 1S8, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~2.7 km). Annual avg AQHI 1.8 — Low Risk.
Langley - District 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.
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.
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.
13 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
R C Garnett Demonstration Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance403 m
|
|
R E Mountain Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance990 m
|
|
Fraser Valley School |
Independent |
Grades Served—
|
Catchment Info—
|
Distance1.06 KM
|
|
Peter Ewart Middle School |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.23 KM
|
|
Langley Meadows Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.66 KM
|
|
Richard Bulpitt Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance1.66 KM
|
|
Willoughby Elementary School |
Public |
Grades ServedK-5
|
Catchment InfoIn Catchment
|
Distance1.79 KM
|
|
Josette Dandurand Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.19 KM
|
|
Crescent Heights Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.27 KM
|
|
Yorkson Creek Middle School |
Public |
Grades Served6-8
|
Catchment InfoIn Catchment
|
Distance2.51 KM
|
|
Lynn Fripps Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance2.52 KM
|
|
Katzie Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.59 KM
|
|
COMPASS Christian Langley (Glover Rd.) |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.71 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $4,140,000 | $10,000 | $4,150,000 |
-4.2%
|
| 2025 | $4,324,000 | $10,000 | $4,334,000 |
+9.9%
|
| 2024 | $3,933,000 | $10,000 | $3,943,000 | — |
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Based on 2 comparable active properties in Willoughby Heights, the average asking price is $6,800,000. This listing is priced 60% above the neighbourhood average.
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