604-626-9547
20264 86 Av, Langley, BC for Sale
Residential LAND - FOR SALE
1/5
125,017 SF

20264 86 Av
Langley, BC V2Y 2C2


HIGHLIGHTS

  • 2.87-acre infill site located in a rapidly developing mixed-use community.
  • Achieved 3rd Reading for a 220-unit rental apartment project on 226,716 SF of buildable area.
  • Flexibility for market condo conversion with Township support and Mixed-Use designation.
  • Immediate access to Highway 1 and within walking distance of Carvolth Exchange transit hub.
  • Significant amenity base nearby, including grocery stores, cafes, schools, and recreational options.
  • Eligible for approximately $3.1 million in credits under the Willoughby Greenway Amenity Policy.

OVERVIEW

This offering represents a rare opportunity to acquire a 2.87-acre apartment development site in Langley’s Carvolth neighborhood within Willoughby’s dynamic growth corridor. The existing development application is at Third Reading and positioned for final approval, permitting the construction of 220 purpose-built rental apartments across two six-story buildings totaling approximately 226,716 buildable square feet. The Township of Langley has indicated openness to a market condominium conversion under the same buildable density, aligning with updated planning policies that encourage increased residential options in mixed-use hubs. The property is designated as Medium Density Mixed Use in the Willoughby Community Plan, with a baseline FSR of 3.0, ensuring flexibility for future development. Ideally situated along 84 Avenue near 202 Street, the site enjoys exceptional connectivity and walkability. It is steps from the Carvolth Exchange Park & Ride, offering future rapid transit BRT access and proximity to the planned SkyTrain extension, as well as quick access to Highway 1. Surrounding the property is an amenity-rich environment featuring retail, dining, and service destinations, making it an attractive location for future residential demand.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Lot 2 84 Avenue

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

2.87 AC

LAND SF

125,017 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

031-681-468

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.