Unlock the potential of this 1.72 acre rectangular parcel in a prime infill area of Langley. Within the proposed Transit Oriented Areas, it offers strong redevelopment potential. The Routley Plan supports single family lots, while the 200th Street Corridor Plan designates it for multifamily use. Ideally located beside Routley Park and close to major amenities, the property is competitively priced and ready to align with an active development pipeline. With TransLink investing over $300,000 in upgrades to the 72nd Avenue intersection, developers can benefit from cost savings and immediate infrastructure readiness.
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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Welcome to the beautiful Willoughby Heights community in Langley, BC, where I'm delighted to introduce you to this stunning property located at 1.72AC 72 Avenue, proudly listed with MLS number R3059105. As we walk through this charming neighborhood, you'll discover why families love this area so much.
Let's start with the excellent educational options available. The property is conveniently located just 2.4 km from Willoughby Elementary School, which boasts a respectable rating of 6.6/10. Families appreciate the school's strong focus on academic excellence and its commitment to fostering a sense of community. For secondary education, the nearby Whytecliff Agile Learning Centre (Langley) offers a unique and engaging learning experience, with a rating of No Rating, although it's worth noting that its proximity to the home is approximately 3.36 km.
Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an average crime rate of 7,580.38, which is comparable to other Canadian cities. Notably, the year-over-year change in the total crime rate is a remarkable -11.06%, indicating a steady decline in criminal activity. When it comes to specific types of crime, the area surrounding 1.72AC 72 Avenue has an average drug crime rate, with a rating of 243.37, and a year-over-year change of -2.38%. Property crimes in the neighborhood are above average, with a rating of 4,065.67 and a year-over-year change of -19.88%. On a positive note, the violent crime rate in this area is below average, with a rating of 1,086.96, and a year-over-year change of -6.24%.
As we explore the community, you'll appreciate the convenient proximity to public transportation. The Eastbound 72 Ave @ 198B St bus station is just 0.07 km away from this property, making it an ideal location for those who rely on public transportation.
Demographically, this neighborhood is thriving. With 23.1% of the population holding a university certificate or degree, it's above average compared to other BC neighborhoods. Conversely, 15.7% of the population in this area has no certificate or degree, which is below average compared to the province's average.
In terms of income, the median household income in this neighborhood is a remarkable $113,075, which is high compared to the British Columbia average. The median personal income is also above average, standing at $39,282. Notably, 82.3% of households in this area have a mortgage, indicating a strong sense of homeownership.
The unemployment rate in this area is a low 4.1%, making it an attractive location for those seeking employment opportunities. Population growth in this community has been steady, with an 18.9% increase between 2011 and 2016, which is high compared to the average growth rate of this region.
This area is also known for its family-friendly atmosphere, with an average family size of 3.2, which is high compared to the whole region. Moreover, 72.5% of families in this area have children, and 66.7% of the population is married or in a common-law relationship, both of which are high numbers.
In terms of transportation, 88.5% of the population in this area uses cars, which is above average. In contrast, 6.9% of the population uses public transportation, which is below average. Interestingly, 0% of the population uses bicycles, and 2.8% walk, both of which are below average.
As we conclude our tour of this beautiful property at 1.72AC 72 Avenue, Langley, BC (MLS number R3059105), I hope you've fallen in love with the community and its many offerings. With its excellent schools, safe environment, and convenient access to public transportation, this is an ideal location for families and individuals seeking a comfortable and fulfilling lifestyle.
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