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20689 56 Avenue
Langley City Langley V3A 7T1

$5,890,000
Multi-Family Commercial

View of building exterior
Photo 1: 20689 56 Avenue in Langley: Langley City Multi-Family Commercial for sale : MLS®# C8069683
Photo 2: 20689 56 Avenue in Langley: Langley City Multi-Family Commercial for sale : MLS®# C8069683
Photo 3: 20689 56 Avenue in Langley: Langley City Multi-Family Commercial for sale : MLS®# C8069683
Status:
Active
Prop. Type:
Multi-Family Commercial
MLS® Num:
C8069683
Avison Young is pleased to market for sale a mixed-use stratified rental building located at 20689 56 Avenue, Langley, BC (the "Property"). The Property consists of 12 residential units and 1 commercial retail unit, offering a unique investment opportunity in Langley's growing urban landscape. Located in a prime area within the City of Langley, the Property offers excellent access to major transportation routes, located amenities, and nearby shopping centres. The location is highly desirable for both residents and businesses, with easy access to public transit and proximity to key community services. This is an exceptional opportunity to acquire a well positioned and strategically located property in the heart of Langley's evolving cityscape.
Sale Type:
Asset
Ownership:
Freehold
Property Type:
Multi-Family Commercial
Commercial Type:
Multi Family
Construction:
Frame Wood
# Bldgs:
1
Year built:
1990 (Age: 35)
Living Area:
15,211 sq. ft.
Retail Size:
3,730 sq. ft.
Lot Area:
17,424 sq. ft.
Zoning:
Potential to Redevelop:
No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
016285646
Taxes:
$36,023 / 2024
No
Water Rights:
No
Roof:
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 20689 56 Avenue in Langley: Langley City Multi-Family Commercial for sale : MLS®# C8069683
    View of building exterior
  • Photo 2: 20689 56 Avenue in Langley: Langley City Multi-Family Commercial for sale : MLS®# C8069683
    View of building exterior
  • Photo 3: 20689 56 Avenue in Langley: Langley City Multi-Family Commercial for sale : MLS®# C8069683
    Photo 3 of 3
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Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated July 6, 2025 at 09:40 AM (UTC)
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