24318 40 Ave, Langley BC - Single Family Residence for Sale - MLS# R3165706

1 day on the market
$3,388,000
Est. Mortgage $14,988/mo
Listing updated:
EstateBlock checked:
6 Beds
5 Baths
4381 sqft
773 $ /sqft
0 $ Maint. fee
2021 built
NEW
1 day on the market
$3,388,000
Est. $14,988/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 24318 40 Avenue

Exceptional Dutch-built home in brand-new condition, ideal for multi-generational living. Main floor features a spacious primary suite & open-plan kitchen/great room designed for entertaining. Beautiful 3 bdrm legal suite thoughtfully designed for family. Huge 28x42 insulated & gas-heated shop with plumbing roughed-in, lean-tos on both sides & 1,065 sqft bonus room above with potential for guest space, office or more. EV ready, wired for generator, sprinklers, RV sani-dump, security cameras & built-in speakers. Private South-facing lot on a quiet dead-end street surrounded by newer homes, close to shopping & amenities. An ideal 2 or 3 family property offering quality, privacy & flexibility.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Crawl Space
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Vaulted Ceiling(s)
Fireplace 3
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $3,388,000
Total Bedrooms 6
Total Bathrooms 5
Full Bathrooms 4
Half Bathrooms 1
Floor Area Total (sqft) 4381
Year Built 2021
Age Of Building 5
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 Detached, Garage Double, RV Access/Parking, Garage Door Opener
Total Parking Spaces 15
Strata Restrictions No Restrictions
Rental Restrictions 100
Rental Suites Legal Suite
Units In Development 2

Lot & Land

Lot Size 19819.8
Lot Size Depth Feet
Lot Size Frontage 69.88
MLS® # R3165706
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V2Z 2M2
Gross Taxes $10,850.58
Zoning RU-1

Property Timeline

Status Date Price
R3165706 / Active 09-17-2026 $3,388,000
Rooms
Floor Type Dimensions
Main Level Foyer 10'4 x 10'4 ft
Main Level Living Room 14'2 x 14'2 ft
Main Level Kitchen 14'5 x 14'5 ft
Main Level Butlers Pantry 5'9 x 5'9 ft
Main Level Pantry 5'7 x 5'7 ft
Main Level Dining Room 14'5 x 14'5 ft
Main Level Family Room 20'4 x 20'4 ft
Main Level Primary Bedroom 16'3 x 16'3 ft
Main Level Walk-In Closet 11'5 x 11'5 ft
Main Level Laundry 11'5 x 11'5 ft
Above Level Bedroom 14'4 x 14'4 ft
Above Level Bedroom 14'2 x 14'2 ft
Above Level Kitchen 11'9 x 11'9 ft
Above Level Living Room 5'9 x 5'9 ft
Above Level Bedroom 10'2 x 10'2 ft
Above Level Bedroom 10'7 x 10'7 ft
Above Level Bedroom 16'2 x 16'2 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #5
Above Level No #5
Above Level No #4
Above Level No #5

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 3.07 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 3.85 km 5.7/10
Elementary, Secondary
Fraser Valley Adventist Academy
Average 3.85 km 5.7/10

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 244 St
0.28 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
8.70 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

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,602,524
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 8.70 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
1 DOM
Listed
Salmon River avg
Langley avg

24318 40 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 52.7% above comparable active properties in Salmon River. 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 V2Z 2M2

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 2M2, 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 (BC ENV 2024). Nearest station: Langley Central, Langley (~2.7 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 westbound fraser hwy @ 240 st · 690 m · Transit

Schools NearBy

4 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Vanguard

Public

Grades Served

Catchment Info

3.4 / 10

Distance

377 m

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.25 KM

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

5.3 / 10

Distance

2.70 KM

Coghlan Fundamental Elementary School

Public

Grades Served

K-7

Catchment Info

5.1 / 10

Distance

2.81 KM

Walkability & Transit Near 24318 40 Avenue

Walk Score Badge
Car-Dependent 20

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
32

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 24318 40 Avenue

2026 assessed value, sourced from City of Langley open data (PID 031-711-201).
Total Assessed Value (2026)
$3,000,000
+2.4% YoY
+0.5%/yr over 2 yr
2024 Value Trend 2026
Land
$1,348,000
Buildings
$1,652,000
Year Built
N/A
Class
032
Zoning
RU-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,348,000 $1,652,000 $3,000,000
+2.4%
2025 $1,342,000 $1,587,000 $2,929,000
-1.3%
2024 $1,321,000 $1,647,000 $2,968,000

Mortgage Calculator for 24318 40 Avenue

/month
Principal & Interest
Property Taxes $904
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $13,844/month in total housing costs on this $3,388,000 property — $12,940 mortgage payment, $904 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 $8,765/month estimated rent and $13,904/month in total housing costs, this property has a -$5,139/month cashflow. Break-even down payment: approximately 52%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 24318 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 $3,388,000
Langley Loading...
Salmon River Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $2,218,095 across 4 active listings — this listing is 52.7% 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 24318 40 Avenue

Walk Score Badge
Car-Dependent 20

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
32

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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