24538 40 Ave, Langley BC - Single Family Residence for Sale - MLS# R3156926

3 days on the market
$2,395,000
Est. Mortgage $10,595/mo
Listing updated:
EstateBlock checked:
3 Beds
3 Baths
3355 sqft
714 $ /sqft
1978 built
NEW
3 days on the market
$2,395,000
Est. $10,595/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 24538 40 Avenue

Classic Family home in the middle of Langle..literally Close to Co-op and public transit and shopping in either direction, you will find this back in the day custom built traditional two storey on a beautifully manicured 5 acre parcel set back among the tall cedar tree lined paved driveway. Huge master bedroom with 5 piece ensuite and sundeck off other upstairs bedroom. Games room and bedroom downstairs as well separate entrance and build in workshop plus large cold room. New Hot water on demand/Heating installed recently serviced septic Field, Drilled well with ample water supply for house and other accommodations plus animals 4 stall barn and two other shops plus a detached and attached garage Home is dated but very well maintained, privacy with sunny southern exposure.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Fireplace 1
Heating Type Hot Water
# of Kitchens 1
Flooring Mixed

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,395,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3355
Year Built 1978
Age Of Building 48
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Garage Double, Front Access
Total Parking Spaces 8
Rental Suites None

Lot & Land

Lot Size 5
Lot Size Depth Feet
Lot Size Frontage 330
MLS® # R3156926
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V2Z 2L9
Gross Taxes $7,280.88
Zoning RU-1

Property Timeline

Status Date Price
R3156926 / Active 08-17-2026 $2,395,000
Rooms
Floor Type Dimensions
Main Level Living Room 19' x 19' ft
Main Level Dining Room 14' x 14' ft
Main Level Eating Area 12' x 12' ft
Main Level Kitchen 7' x 7' ft
Main Level Den 13' x 13' ft
Main Level Laundry 7' x 7' ft
Above Level Bedroom 18' x 18' ft
Above Level Bedroom 13' x 13' ft
Below Bedroom 14' x 14' ft
Below Family Room 14' x 14' ft
Below Workshop 16' x 16' ft
Bathrooms
Floor Ensuite Pieces
Below No #3
Main Level No #3
Above Level Yes #5

Listed by: RE/MAX Aldercenter 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

Elementary
North Otter Elementary School
Average 2.91 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 3.42 km 5.7/10
Elementary, Secondary
Fraser Valley Adventist Academy
Average 3.42 km 5.7/10

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 244 St
0.39 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
9.11 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: $1,686,080
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.11 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

24538 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 29.6% above comparable active properties in Salmon River. The local market is currently a Balanced Market with a sales-to-active ratio of 17.7% — conditions are balanced. With only 486 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 2L9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 2L9, 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 (~2.9 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

Shopping (2 nearby)

  • Otter coop pharmacy · 942 m · Pharmacy
  • Otter co-op · 988 m · Post Office

Groceries (1 nearby)

  • Bonetti freezer meats · 559 m · Butcher

Healthcare (1 nearby)

  • Otter coop pharmacy · 942 m · Healthcare

Transit (1 nearby)

  • Bus stop eastbound fraser hwy @ 248 st · 734 m · Transit

Schools NearBy

5 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Vanguard

Public

Grades Served

Catchment Info

3.4 / 10

Distance

494 m

Coghlan Fundamental Elementary School

Public

Grades Served

K-7

Catchment Info

5.1 / 10

Distance

2.37 KM

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.61 KM

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

5.3 / 10

Distance

2.90 KM

North Otter Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.5 / 10

Distance

2.91 KM

Walkability & Transit Near 24538 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
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 24538 40 Avenue

2026 assessed value, sourced from City of Langley open data (PID 002-253-232).
Total Assessed Value (2026)
$2,494,000
-3.1% YoY
-0.3%/yr over 2 yr
2024 Value Trend 2026
Land
$2,159,000
Buildings
$335,000
Year Built
N/A
Class
060
Zoning
RU-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,159,000 $335,000 $2,494,000
-3.1%
2025 $2,234,000 $340,000 $2,574,000
+2.5%
2024 $2,169,000 $341,000 $2,510,000

Mortgage Calculator for 24538 40 Avenue

/month
Principal & Interest
Property Taxes $607
Maintenance fee 0
Financing 80% of the $2,395,000 asking price over 30 years at 4% results in approximately $9,754/month in total estimated carrying costs, $607 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
This listing generates an estimated $5,859/month in rental income, leaving a -$4,110/month cashflow at current carrying costs. Investors targeting break-even would need roughly 56% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 24538 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 $2,395,000
Langley Loading...
Salmon River Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $1,847,333 across 5 active listings — this listing is 29.6% 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

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 24538 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
23

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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