20745 68th Avenue, Langley, V2Y 1R1 — photo 1

$7,250,000

20745 68th Avenue, Langley, V2Y 1R1
Active
4 Bedrooms 3 Bathrooms 3,466 sqft Built 1987 Residential

About This Property

1.13 acres with a 1.9 FSR and 40-80 UPA. A prime development opportunity in the heart of Willoughby. Zoned SR-2, this property allows for small-scale multi-unit, medium density housing and fits within Langley’s long-term growth strategy. The area is rapidly transforming with new residential developments, schools, parks, and commercial hubs on the way. Major road upgrades, including 208 St and a planned east-west connector, will improve traffic flow and access. Plus, the future Surrey-Langley SkyTrain extension is just minutes away and will bring even more connectivity. Don't miss out on a strategic investment in a high-demand, fast-growing neighbourhood.

Property Details

MLS #

R3028404

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

SR-2

Bedrooms

4

Full Baths

3

Half Baths

0

Kitchens

0

Living Area

3,466 sqft

Main Floor

3,466 sqft

Lot Size

49,222.8 sqft

Lot Dimensions

159.71 x 93.778

Frontage

159.71

Year Built

1987

Age

38 years

Roof

Other

Construction

Frame Wood, Other (Exterior), Stucco

Structure

Residential Detached

Parking Stalls

2

Garage Spaces

2

Parking Type

Garage Double, Open

Original Price

$7,250,000

Taxes

$25,294.92/yr

Listed

2025-07-18

MLS Area

Willoughby Heights

City

Langley

Postal Code

V2Y 1R1

Features & Finishes

Heating

Natural Gas

Patio / Porch

Patio · Deck

Exterior Features

Balcony

Building & Community

Transit

Near By

Schools

Near By

Lot Features

Central Location, Recreation Nearby

Fencing

Fenced

Water Source

Public

Sewer

Septic Tank

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.126678, -122.647768 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market268% above market — check if justified
Days on market290 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$6,833,403

5.7% below asking price

Negotiation Range

$6,652,153$6,942,153

$290,000 spread

$6,652,153$7,250,000 ask

Based on 26 recent sales, a starting offer around $6,833,403 (5.7% below ask) is reasonable. Your negotiation range is $6,652,153 – $6,942,153.

What's factored in

Market baseline26 recent Langley sales closed at median 96.6% of list price
Extended market time290 days listed — well above market avg of 191 days, increased negotiation leverage
Above-average DOM290d vs market avg of 191d — property may have a pricing or condition issue

Based on 26 residential sales in Langley (last 60 days) · Updated May 4

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