20877 40 Ave, Langley, BC, MLS® R2902287

$5,000,000
Est. Mortgage /mo

$5,000,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 42520 sqft
3070 sqft
1971 built
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Map
Street view
Schools
Crime
Commute
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20877 40 Ave, Langley, BC | MLS® R2902287 Property Details

**Attention builders** **Development potential** 5 property (each lot is .974 of an acre) land assembly with the potential for more! The site starts at 208th and 40th and encompasses the 4 homes to the east of the bare lot. SR-1 zoning. Brookswood/Fernridge OCP, call today!

General Info

Price $5,000,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3070
Lot Size 42520
Lot Size Depth Feet
Lot Size Frontage 135.5
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1971
Age Of Building 55
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow, Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2902287
Area Langley
Neighbourhood Brookswood Langley
City Langley
Gross Taxes $8,255.15
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Additional Parking
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning SR-1
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Septic Tank
Roof Other

Property History

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Status Date Price
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Listed by: Real Broker B.C. Ltd.

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.

Neighborhood Info

Public Schools

Elementary
Belmont Elementary School
Average
1.06 km
5.4/10
Secondary
Brookswood Secondary School
0.61 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Langley Montessori School
2.13 km
Elementary, Secondary
Credo Christian Schools
3.07 km

Closest Transit

Bus Stop
Northbound 208 St @ 40 Ave
0.15 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
3.61 km

Noise/ Power Lines

Road/Hwy Noise
Possible
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 20877 40 Avenue, a Hidden Gem in Langley, BC

As we step into the charming community of Brookswood, we find ourselves at the heart of 20877 40 Avenue, a stunning property listed with MLS® R2902287. This beautiful home is surrounded by top-notch schools, excellent amenities, and a strong sense of community that will make you feel right at home.

Top-Rated Schools

Let's start with the education system, which is a key consideration for many families. Our property is serviced by Belmont Elementary School, located just 1.06 km away. With a rating of 5.4/10, Belmont Elementary is a popular choice among parents, offering a comprehensive curriculum and a supportive learning environment. Plus, we're also close to Brookswood Secondary School, a highly-regarded institution that provides students with a well-rounded education and plenty of opportunities for growth.

Safe and Secure Neighborhood

When it comes to safety, our community excels. According to Statistics Canada's 2020 report, the overall crime rate near 20877 40 Avenue, Langley, BC is 7,580.38, which is Average compared to other Canadian cities. This means that you can enjoy a sense of peace and security, knowing that your family is protected. Additionally, the drug crime rate is Average, with 326 incidents reported in 2020, and the property crime rate is Above Average, with 5,446 incidents. However, it's worth noting that the violent crime rate is Below Average, with 1,086.96 incidents reported in 2020.

Convenient Transit Options

Getting around Langley is a breeze, thanks to our proximity to public transportation. The closest Bus station, Northbound 208 St @ 40 Ave, is just 0.15 km away from our property, making it easy to hop on and off to explore the city.

Demographics and Lifestyle

Our community is a diverse and vibrant one, with a median household income of $115,968, which is High compared to the British Columbia average. The area is also home to a range of families, with 62.3% of households having children, and 65.8% of residents being married or living common law. The average age of the population is 40.3, which is Average compared to other BC cities.

Real Estate Context

As we move into the real estate aspect, it's worth noting that the average value of dwellings in our neighborhood is $992,783, which is High compared to other areas in British Columbia. The average owner payments are also High, with $1,691 spent on average for the dwelling. Meanwhile, tenants are paying $1,052 in this district, which is Average compared to other cities.

Lifestyle Amenities

Our community is surrounded by plenty of lifestyle amenities that will make your life easier and more enjoyable. From parks and beaches to trails and dog parks, there's something for everyone. We're also close to shopping malls, grocery stores, restaurants, coffee shops, and hospitals, making it easy to access the services you need.

Conclusion

In conclusion, 20877 40 Avenue, Langley, BC, MLS® R2902287, is a hidden gem that offers the perfect blend of education, safety, convenience, and lifestyle amenities. With its top-rated schools, safe and secure neighborhood, convenient transit options, and diverse community, this property is sure to impress. So why wait? Come and explore this amazing community for yourself and make 20877 40 Avenue your dream home.

Key Features:

  • MLS® R2902287
  • 20877 40 Avenue, Langley, BC
  • Belmont Elementary School (1.06 km)
  • Brookswood Secondary School (0.61 km)
  • Safe and secure neighborhood
  • Convenient transit options
  • Diverse community
  • Top-rated schools
  • Average household income ($115,968)
  • High average value of dwellings ($992,783)
  • Average owner payments ($1,691)
  • Average tenant payments ($1,052)

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,000,000
Langley $1,459,988
Brookswood Langley No comparables
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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