20040 50 Ave, Langley BC - Single Family Residence for Sale - MLS# R3135214

107 days on the market
$2,400,000
Est. Mortgage $10,618/mo
Listing updated:
EstateBlock checked:
5 Beds
2 Baths
2286 sqft
1050 $ /sqft
1969 built
107 days on the market
$2,400,000
Est. $10,618/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 20040 50 Avenue

Prime development opportunity in Langley City! This massive 16,465 sq ft (approx. 0.38 acre) lot is designated “Medium Density Residential” in the Official Community Plan, supporting potential for townhomes, rowhomes, or low-rise apartments (verify with City). Located within the Nicomekl neighbourhood plan and walking distance to the future SkyTrain station, this property offers exceptional redevelopment potential in a high-growth corridor. The site features excellent frontage and depth for efficient site planning. Current home is in rentable condition, providing holding income while you advance your project. With strong demand for multi-family housing in Langley, this is a rare chance to secure a large, well-located parcel with significant upside.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $2,400,000
Total Bedrooms 5
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 2286
Year Built 1969
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Architecture Style Basement Entry
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Garage Single, Front Access, Asphalt
Total Parking Spaces 3

Lot & Land

Lot Size 16464.31
Lot Size Depth Feet
Lot Size Frontage 70
MLS® # R3135214
Area Langley
Neighbourhood Langley City
City Langley
Postal Code V3A 3S7
Gross Taxes $7,387.91
Zoning R1

Property Timeline

Status Date Price
R3135214 / Active 06-12-2026 $2,400,000
Rooms
Floor Type Dimensions
Main Level Living Room 16'8 x 16'8 ft
Main Level Dining Room 10' x 10' ft
Main Level Kitchen 16'4 x 16'4 ft
Main Level Primary Bedroom 11'8 x 11'8 ft
Main Level Bedroom 11' x 11' ft
Basement Level Living Room 16' x 16' ft
Basement Level Kitchen 9'2 x 9'2 ft
Basement Level Bedroom 13'8 x 13'8 ft
Basement Level Bedroom 13' x 13' ft
Main Level Bedroom 11' x 11' ft
Basement Level Dining Room 8'4 x 8'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Basement No #4

Listed by: Sutton Premier Realty

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.

Map & Neighbourhood

Public Schools

Secondary
Langley Secondary School
Average 2.97 km 5.2/10
Elementary
Simonds Elementary School
Below Average 0.52 km 3.2/10

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

Private Schools

Elementary
Whytecliff Agile Learning Centre-Langley
Average 1.78 km 4.4/10
Elementary,Secondary
OneSchool Global Vancouver
2.56 km

Closest Transit

Bus Stop
Southbound 200 St @ 50 Ave
0.09 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
1.56 km

Crime Rate

Total Crime Rate
High
Violent Crime Rate
Above Average
Property Crime Rate
High

Demographics

Post-Secondary Education
Below Average 15.1%
No Certificate/Degree
Above Average 15.6%
Owner Occupied
Average 70.6%
Employment Rate
Average 63.8%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

Sell Speed & Competition

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $261,600
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 1.56 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How LANGLEY CITY compares
This property
107 DOM
Listed
Langley City avg
—
—
Langley avg
—
—

20040 50 Avenue has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 89.1% above comparable active properties in Langley City. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With only 425 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3A 3S7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3A 3S7, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~4.9 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - City currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.

Precipitation Increasing

Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop southbound 203 st @ 54 ave · 938 m · Transit

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

H D Stafford Middle

Public

Grades Served

—

Catchment Info

—
2.5 / 10

Distance

430 m

Nicomekl Elementary School

Public

Grades Served

K-5

Catchment Info

—
4.7 / 10

Distance

509 m

Simonds Elementary School

Public

Grades Served

K-5

Catchment Info

In Catchment
3.2 / 10

Distance

523 m

Blacklock Fine Arts Elementary School

Public

Grades Served

K-5

Catchment Info

—
5.5 / 10

Distance

1.23 KM

Choices Program

Public

Grades Served

—

Catchment Info

—
4.1 / 10

Distance

1.32 KM

Focus Alternate

Public

Grades Served

—

Catchment Info

—
1.7 / 10

Distance

1.34 KM

Alice Brown Elementary

Public

Grades Served

—

Catchment Info

—
4.9 / 10

Distance

1.41 KM

Douglas Park Community

Public

Grades Served

—

Catchment Info

—
5.3 / 10

Distance

1.63 KM

Uplands Elementary School

Public

Grades Served

K-6

Catchment Info

—
6.4 / 10

Distance

1.72 KM

Whytecliff Agile Learning Centre-Langley

Independent

Grades Served

—

Catchment Info

—
4.4 / 10

Distance

1.78 KM

Belmont Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.19 KM

OneSchool Global Vancouver

Independent

Grades Served

—

Catchment Info

—
0

Distance

2.57 KM

Brookswood Secondary

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.57 KM

James Hill Elementary

Public

Grades Served

—

Catchment Info

—
7.2 / 10

Distance

2.60 KM

Latimer Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.2 / 10

Distance

2.61 KM

Hazelgrove Elementary

Public

Grades Served

—

Catchment Info

—
5.7 / 10

Distance

2.65 KM

U-Connect

Public

Grades Served

—

Catchment Info

—
5.4 / 10

Distance

2.70 KM

Langley Fundamental Middle/Secondary School

Public

Grades Served

6-12

Catchment Info

—
7.5 / 10

Distance

2.93 KM

Langley Secondary School

Public

Grades Served

9-12

Catchment Info

In Catchment
5.2 / 10

Distance

2.97 KM

Walkability & Transit Near 20040 50 Avenue

Walk Score Badge
Car-Dependent 41

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 20040 50 Avenue

/month
Principal & Interest
Property Taxes $616
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $9,782/month in total housing costs on this $2,400,000 property — $9,166 mortgage payment, $616 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $5,871/month estimated rent and $9,998/month in total housing costs, this property has a -$4,127/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 20040 50 Avenue, Langley

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

Principal paid off by year 5 —
Principal paid off by year 10 —

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Langley City, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $2,400,000
Langley Loading...
Langley City Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $1,269,167 across 2 active listings — this listing is 89.1% above the Langley average.

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

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Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 20040 50 Avenue

Walk Score Badge
Car-Dependent 41

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 45

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

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