20877 40 Ave, Langley, BC, MLS® R2902287

$5,000,000
Est. Mortgage /mo

$5,000,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
4 Beds
3 Baths
2 Stories
lot 42520 sqft
3070 sqft
1971 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

20877 40 Ave, Langley, BC | MLS® R2902287 Property Details

**Attention builders** **Development potential** 5 property (each lot is .974 of an acre) land assembly with the potential for more! The site starts at 208th and 40th and encompasses the 4 homes to the east of the bare lot. SR-1 zoning. Brookswood/Fernridge OCP, call today!

General Info

Price $5,000,000
Total Bedrooms 4
Total Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3070
Lot Size 42520
Lot Size Depth Feet
Lot Size Frontage 135.5
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1971
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow, Rancher/Bungalow w/Bsmt.
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2902287
Area Langley
Neighbourhood Brookswood Langley
City Langley
Gross Taxes $8,255.15
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace -
Heating Type Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Public

Parking

Parking Type Additional Parking
Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning SR-1
Rental Suites None
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter
Locker -
View Description -
Units In Development -
Exterior Features Private Yard
Sewer Septic Tank
Roof Other

Property History

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Status Date Price
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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.

Neighborhood Info

Public Schools

Elementary
Belmont Elementary School
Average
1.06 km
5.4/10
Secondary
Brookswood Secondary School
0.61 km

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

Private Schools

Elementary
Langley Montessori School
2.13 km
Elementary, Secondary
Credo Christian Schools
3.07 km

Closest Transit

Translink
Northbound 208 St @ 40 Ave
0.15 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
3.61 km

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

Welcome to 20877 40 Avenue in Brookswood, Langley, BC

As we walk through this beautiful neighborhood, you'll notice the perfect blend of natural charm and modern convenience. Let me guide you through the highlights of this fantastic community.

Education:

Our home at 20877 40 Avenue, MLS® R2902287, is serviced by the highly-rated Belmont Elementary School, located just 1.06 km away. With a rating of 5.4/10, parents love this school for its commitment to academic excellence and nurturing environment. Just down the road, Brookswood Secondary School is also within a short 0.61 km walk, offering a wide range of academic and extracurricular programs.

Additionally, families with children will appreciate the proximity to Langley Montessori School, a renowned independent elementary school with a rating of No Rating, located 2.13 km from this property. For secondary education, Credo Christian Schools is a short 3.07 km drive away, offering a faith-based education with a rating of No Rating.

Safety:

According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an average crime rate of 7,580.38, which is typical for urban areas. Compared to other Canadian cities, this rate is considered average. In fact, the overall crime rate has decreased by 11.06% over the past year, making this a safe and desirable community to live in.

Breaking down the crime statistics, we see that drug crime rates are average, with a rating of 243.37 and 326 incidents in 2020. Property crimes are above average, with a rating of 4,065.67 and 5,446 incidents in 2020. However, violent crime rates are below average, with 1,456 incidents in 2020 and a rate of 1,086.96.

Lifestyle:

Just a short walk from our property, you'll find the Northbound 208 St @ 40 Ave bus station, making it easy to get around Langley and beyond. In fact, 95.7% of residents in this area use cars as their primary mode of transportation, making it a convenient and accessible community.

Families with young children will love the neighborhood's family-friendly atmosphere, with 62.3% of families having children and an average family size of 3.1. The community is also relatively young, with an average age of 40.3 and a high percentage of married or living common-law couples (65.8%).

Demographics:

This neighborhood is home to a diverse population, with 19% of residents holding a university certificate or degree, which is average compared to other BC neighborhoods. However, 16.8% of residents have no certificate or degree, which is also average.

In terms of income, the median household income is $115,968, which is high compared to the British Columbia average. The median personal income is $39,771, which is above average. Additionally, 57.8% of households in this area have a mortgage, which is average.

Housing:

The average value of dwellings in this neighborhood is $992,783, which is high compared to other areas in British Columbia. Owner payments are also high, with an average of $1,691 per month. However, tenant payments are average, with an average of $1,052 per month.

Language and Transportation:

While English is the dominant language spoken in this area, with 93% of residents speaking only English, there is still a significant minority of residents who speak French (6%) or neither English nor French (1%).

In terms of transportation, 1.1% of residents use public transport, 95.7% use cars, and 1.1% use bicycles. This makes it relatively easy to get around without a car.

Conclusion:

In summary, 20877 40 Avenue, MLS® R2902287, is a fantastic property in a highly desirable neighborhood with excellent schools, a safe community, and easy access to amenities. Whether you're a family looking for a safe and supportive environment or a professional looking for a convenient and accessible community, this property is sure to impress. Contact me today to schedule a viewing and make this property your dream home.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,000,000
Langley $1,459,988
Brookswood Langley No comparables
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

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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