20264 86 Av - Lot 2 84 Avenue 2.87 Acres of Residential Land in Langley, BC V2Y 2C2

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.