20120 86 Av - Residential LAND FOR SALE


Langley, BC V2Y 2C1 101,930 SF
$7,000,000 CAD
604-626-9547
20120 86 Av, Langley, BC for Sale
$7,000,000 CAD
Residential LAND - FOR SALE
1/5
101,930 SF

20120 86 Av
Langley, BC V2Y 2C1


HIGHLIGHTS

  • 2.34-acre site located in the Carvolth Neighbourhood Plan with designations supporting medium and high-density residential uses.
  • Walking distance to Carvolth Bus Exchange and the proposed BRT route on 200 Street.
  • Draft Willoughby Transit Corridor Plan designation supports up to 3.0 FSR base density with ground-floor retail permitted.
  • Fully serviced property line with development application already in process.
  • Surrounded by active multifamily construction and amenities, enhancing long-term absorption potential.

OVERVIEW

This court-ordered sale presents an opportunity to acquire 2.34 acres of development land strategically located within the Carvolth Neighbourhood Plan area of Willoughby in Langley. The property is situated within an emerging urban node and is walking distance to Carvolth Bus Exchange and the proposed Bus Rapid Transit (BRT) station along 200 Street, creating a robust foundation for a future transit-oriented community. Designated under the Carvolth Plan for mixed-use with a combination of medium and high-density residential zones, the site also aligns with the draft Willoughby Transit Corridor Plan, which supports a base density of 3.0 FSR and up to 6.0 FSR with retail at grade. Full municipal services extend to the property line, and an existing development application further accelerates timelines, reducing investor risk. Surrounding developments include large-scale multifamily and mixed-use projects currently under construction, reinforcing market demand in this rapidly urbanizing area. Residents will benefit from proximity to major arterials like Highway 1 and a diverse selection of retail, educational, and recreational amenities. This rare infill development site combines zoning flexibility, transit-served connectivity, and strong surrounding growth dynamics, ideal for developers pursuing high-yield multifamily or mixed-use projects.

FOR SALE DETAILS

PRICE

$7,000,000 CAD

PRICE/ACRE

$2,991,453/AC

PRICE/SF

$69 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2.34 acre apartment development site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

2.34 AC

LAND SF

101,930 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

002-331-471

ASK ABOUT THIS PROPERTY

Mike HarrisonAvison YoungMore Info
604-626-9547

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Mike HarrisonAvison YoungMore Info
604-626-9547

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.