23745 40 Ave, Langley BC – House for Sale – MLS® R3177317

23745 40 Avenue, Langley, British Columbia V2Z 2J9

Today on the market
$1,248,800
Est. Mortgage $5,525/mo
Listing updated:
EstateBlock checked:
3 Beds
1 Baths
1154 sqft
1082 $ /sqft
1969 built
NEW
Today on the market
$1,248,800
Est. $5,525/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 23745 40 Avenue

Opportunity Is Knocking. Rare 0.312-acre RU1-zoned property located OUTSIDE the ALR, unlocking exceptional development and holding potential. Strategically positioned for a smart investor, the current zoning framework allows for 2 detached dwellings with the possibility of a low-cost strata conversion (Buyer should check the potential with the Township of Langley). The property features a 3 bdrm, 1 bath home alongside a 27’1x23’2 detached shop (678 sq ft). Perfect for a home business, car enthusiast, or secure tool storage with excellent main-road exposure and easy access partway to Aldergrove. Build your custom dream home or discuss stratification possibilities. This is prime Fraser Valley real estate with endless upside. Bring your ideas!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,248,800
Total Bedrooms 3
Total Bathrooms 1
Full Bathrooms 1
Half Bathrooms 0
Floor Area Total (sqft) 1154
Year Built 1969
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Garage Single, Front Access, Gravel
Total Parking Spaces 7
Rental Suites None

Lot & Land

Lot Size 13611.76
Lot Size Depth Feet
Lot Size Frontage 106.45
MLS® # R3177317
Area Langley
Neighbourhood Campbell Valley
City Langley
Postal Code V2Z 2J9
Gross Taxes $4,694.68
Zoning RU-1

Property Timeline

Status Date Price
R3177317 / Active 10-28-2026 $1,248,800
to view full Property History (2 earlier records)
Rooms
Floor Type Dimensions
Main Level Living Room 17'4 x 17'4 ft
Main Level Kitchen 10'8 x 10'8 ft
Main Level Eating Area 10'8 x 10'8 ft
Main Level Primary Bedroom 12'10 x 12'10 ft
Main Level Bedroom 12'11 x 12'11 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Laundry 8'4 x 8'4 ft
Main Level Foyer 6' x 6' ft
Main Level Solarium 22'4 x 22'4 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3

Listed by: Century 21 Coastal Realty 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.

Map & Neighbourhood

Public Schools

Elementary
Wix-Brown Elementary School
Average 3.27 km 4.4/10

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

Private Schools

Elementary
Murrayville Academy
Average 4.01 km 6.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 4.4 km 8.4/10

Closest Transit

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

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 10.5%
No Certificate/Degree
Above Average 20%
Owner Occupied
Below Average 55.3%
Employment Rate
Below Average 49.2%

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

Sell Speed & Competition

54 / 100
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.64 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CAMPBELL VALLEY compares
This property
0 DOM
Listed
Campbell Valley avg
—
—
Langley avg
—
—

23745 40 Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. 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 (~2.3 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 @ 240 st · 582 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

1.35 KM

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.6 / 10

Distance

1.47 KM

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.3 / 10

Distance

2.38 KM

BC Assessment Value — 23745 40 Avenue

2026 assessed value, sourced from City of Langley open data (PID 010-415-653).
Total Assessed Value (2026)
$1,298,000
-0.7% YoY
+0.5%/yr over 2 yr
2024 Value Trend 2026
Land
$1,190,000
Buildings
$108,000
Year Built
N/A
Class
002
Zoning
RU-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,190,000 $108,000 $1,298,000
-0.7%
2025 $1,185,000 $122,000 $1,307,000
+1.6%
2024 $1,166,000 $120,000 $1,286,000 —

Mortgage Calculator for 23745 40 Avenue

/month
Principal & Interest
Property Taxes $391
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($249,760), the estimated monthly payment for this listing is $5,161/month — $4,770 principal & interest, $391 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $3,665/month, this property runs a $1,655/month shortfall after mortgage and carrying costs. Break-even requires approximately 48% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 23745 40 Avenue, Langley

Buy Vs Rent Calculator

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

Rent vs own

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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 — Campbell Valley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $1,248,800
Langley Loading...
Campbell Valley Loading...

No active comparable properties are currently available for this property type in Langley. The price evaluation chart will update as similar listings enter the market.

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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