23701 40 Ave, Langley BC – House for Sale – MLS® R3175606

23701 40 Avenue, Langley, British Columbia V2Z 2J9

3 days on the market
$1,999,000
Est. Mortgage $8,844/mo
Listing updated:
EstateBlock checked:
5 Beds
6 Baths
3817 sqft
524 $ /sqft
0 $ Maint. fee
2026 built
NEW
3 days on the market
$1,999,000
Est. $8,844/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 23701 40 Avenue

Brand-new master-on-main home with shop on a ¼-acre lot, crafted by a local European builder. Offering nearly 4,000 sq. ft. with 5 bedrooms, this thoughtful layout also includes a main-floor den, powder room, and laundry. Beautiful open-concept living showcases white oak hardwood floors, 10' ceilings, a stunning 12' great room and a gourmet kitchen with a high-end Fulgor Milano appliance suite. Upstairs, a sprawling rec room with its own deck is ready for a kids’ play space, theatre room, man cave or family hangout. A self-contained, above-ground legal 1-bedroom suite offers flexibility for extended family or rental income. The 24' x 32' detached shop with 12 ft ceilings & a second floor provides over 1,200 sq. ft. for hobbies, storage or workspace. Includes A/C, tankless hot water & MORE!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Heat Pump
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,999,000
Total Bedrooms 5
Total Bathrooms 6
Full Bathrooms 4
Half Bathrooms 2
Floor Area Total (sqft) 3817
Year Built 2026
Age Of Building 0
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Amenities Other
Ownership Type Freehold Strata
Maintenance Fee 0
Community Features Shopping Nearby
Amenities Nearby Other
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Garage Double, Garage Door Opener
Total Parking Spaces 6
Strata Restrictions No Restrictions
Pet Restrictions Yes
Rental Restrictions 100
Rental Suites Legal Suite

Lot & Land

Lot Size 10256
Lot Size Depth Feet
Lot Size Frontage 49.7
MLS® # R3175606
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V2Z 2J9
Gross Taxes 0
Zoning RU1

Property Timeline

Status Date Price
R3175606 / Active 10-15-2026 $1,999,000
Rooms
Floor Type Dimensions
Main Level Foyer 10'7 x 10'7 ft
Main Level Kitchen 9' x 9' ft
Main Level Dining Room 10'5 x 10'5 ft
Main Level Family Room 22'1 x 22'1 ft
Main Level Office 10'0 x 10'0 ft
Main Level Storage 5' x 5' ft
Main Level Primary Bedroom 16'4 x 16'4 ft
Main Level Laundry 5'7 x 5'7 ft
Above Level Bedroom 11'7 x 11'7 ft
Above Level Bedroom 11'5 x 11'5 ft
Above Level Bedroom 11'5 x 11'5 ft
Above Level Recreation Room 30'2 x 30'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #5
Above Level Yes #4
Above Level Yes #5
Above Level No #2

Listed by: Royal LePage - Wolstencroft

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

Elementary
North Otter Elementary School
Average 3.13 km 5.5/10

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

Private Schools

Elementary, Secondary
Fraser Valley Adventist Academy
Average 4.34 km 5.7/10
Elementary, Secondary
Fraser Valley Adventist Academy
Average 4.34 km 5.7/10

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 240 St
0.17 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
8.04 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average 13.5%
No Certificate/Degree
Above Average 17.1%
Owner Occupied
Below Average 49.2%
Employment Rate
Below Average 52.7%

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

59 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $2,166,916
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 8.04 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SALMON RIVER compares
This property
3 DOM
Listed
Salmon River avg
—
—
Langley avg
—
—

23701 40 Avenue has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.4% below comparable active properties in Salmon River, which is a strong competitive signal. 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 may take several weeks to attract serious offers.

Climate Risk for V2Z 2J9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 2J9, 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 4.1 µg/m³ — meets WHO 2021 guideline. Nearest station: Langley Central, Langley (~2.2 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

Langley - District 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 eastbound fraser hwy @ 244 st · 990 m · Transit

Schools NearBy

3 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Vanguard

Public

Grades Served

—

Catchment Info

—
3.4 / 10

Distance

961 m

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

1.64 KM

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.3 / 10

Distance

2.29 KM

Walkability & Transit Near 23701 40 Avenue

Walk Score Badge
Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 36

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
51

Bike Score - Bikeable

Some bike infrastructure

Mortgage Calculator for 23701 40 Avenue

/month
Principal & Interest
Property Taxes $0
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($399,800), the estimated monthly payment for this listing is $7,635/month — $7,635 principal & interest.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $6,225/month, this property runs a $1,476/month shortfall after mortgage and carrying costs. Break-even requires approximately 36% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 23701 40 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 — Salmon River, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $1,999,000
Langley Loading...
Salmon River Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $2,182,200 across 3 active listings — this listing is 8.4% below 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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

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 23701 40 Avenue

Walk Score Badge
Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 36

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
51

Bike Score - Bikeable

Some bike infrastructure

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