20326-20350 72 AVENUE
Langley, BC V2Y1S8
$10,880,000
Property Details
Property & Lot
- Lot size
- 1.84 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $35,702.02 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3143888
- Listed
- July 8, 2026
- Time on market
- On the market for 54 days
- Tax assessment year
- 2025
- Data last synced
- September 1, 2026
Listing provided by: Royal LePage Global Force Realty · Data source: CREA DDF.
Description
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. (id:63159)
Location Insights
Weather
Nearest station: Abbotsford
16°C
Mainly Clear
Humidity 78%
Wind S 3 km/h
Tonight
13°
Tuesday
21°
Tuesday night
13°
Wednesday
20°
Wednesday night
11°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
161,566
(2021 Census)
+12.8% since 2016
Density: 509/km²
Dwellings: 62,282
Median household income: $102,443
After-tax: $89,518
Immigrant population: 22.9%
Top countries of origin (% of total population)
- Korea, South2.7% · 4,325
- India2.6% · 4,225
- United Kingdom2.3% · 3,755
- China1.9% · 3,090
- Philippines1.7% · 2,755
- United States of America1% · 1,550
- Viet Nam0.7% · 1,065
- Germany0.6% · 965
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
3/9 categories nearby
Transit
33
5 stop(s) within 800m
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| R C Garnett Demonstration Elementary | Elementary | 373 m |
| R E Mountain Secondary | Secondary | 1.1 km |
| Peter Ewart Middle School | Middle | 1.3 km |
| Donna Gabriel Robins Elementary | Elementary | 1.4 km |
| Langley Meadows Elementary | Elementary | 1.6 km |
| Richard Bulpitt Elementary | Elementary | 1.7 km |
| Willoughby Elementary | Elementary | 1.8 km |
| Maddaugh Elementary | Elementary | 2.1 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
| Stop | Type | Distance |
|---|---|---|
| Southbound 202B St @ 72 Ave | — | 200 m |
| Westbound 72 Ave @ 202B St | — | 274 m |
| Northbound 202B St @ 70A Ave | — | 307 m |
| Southbound 202B St @ 70A Ave | — | 307 m |
| Eastbound 72 Ave @ 200 St | — | 620 m |
Nearby Places
Restaurants (1)
- （蜀莊）Grand Chinese Restaurant Langley · 7280 200 Street680 m
Cafes (2)
- Tim Hortons · 7272 200 Street651 m
- Starbucks · 7150 200 Street681 m
Parks (2)
- Unnamed652 m
- Carvolth Greenway703 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($2,176,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.