20326 & 20350 72 AVENUE
Langley, BC V2Y1S8
$10,880,000
Property Details
Property & Lot
- Lot size
- 80,179.4 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $35,702.02 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8080303
- Listed
- July 9, 2026
- Time on market
- On the market for 53 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 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 71 B 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
19
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 |
|---|---|---|
| Maddaugh Elementary | Elementary | 923 m |
| Katzie Elementary | Elementary | 1.0 km |
| Hazelgrove Elementary | Elementary | 1.0 km |
| R C Garnett Demonstration Elementary | Elementary | 1.2 km |
| Langley Meadows Elementary | Elementary | 1.5 km |
| R E Mountain Secondary | Secondary | 1.5 km |
| Clayton Heights Secondary | Elementary | 1.7 km |
| Peter Ewart Middle School | Middle | 1.7 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 |
|---|---|---|
| Westbound 72 Ave @ 196 St | — | 21 m |
| Eastbound 72 Ave @ 196 St | — | 75 m |
| Eastbound 72 Ave @ 194A St | — | 244 m |
| Westbound 72 Ave @ 194A St | — | 329 m |
| Westbound 72 Ave @ 198B St | — | 446 m |
Nearby Places
Restaurants (1)
- Diamonds Sweets779 m
Grocery (1)
- Fruiticana775 m
Parks (5+)
- West Willoughby Park199 m
- Unnamed274 m
- Unnamed283 m
- Hartnell Park325 m
- Unnamed352 m
Nearby places data: © OpenStreetMap contributors.
School district: Surrey (SD36)
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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.