20308 27 Ave, Langley BC - Single Family Residence for Sale - MLS# R2919165

$5,300,000
Est. Mortgage $23,447/mo
3 Beds
3 Baths
3500 sqft
1514 $ /sqft
1976 built
33.8% price reduction
$5,300,000
$8,000,000
Est. $23,447/mo with 20% down
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

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Property Details for 20308 27 Avenue

33.8% price reduction

MAJOR DEVELOPMENT POTENTIAL. Unlock the potential of this exceptional FLAT 2.15-acre property in Brookswood's New Fernridge NCP. Positioned for significance growth under the BC Government's new SSMUH regulations, this parcel may allow for up to 4 units per 5000 sq ft lot, offering substantial development potential. New SSMUH regulations may enable higher-density development; buyer should confirm details. Services are already in place at the property's front, and a detention pond is established- a valuable feature that simplifies the development process. Additional Features: Includes a beautiful 3500 sq ft house, with no creeks or right-of-ways and minimal tree cover. Act fast and capitalize on this growth opportunity! The area is undergoing significant development at your doorstep.

Interior Features

Basement Finished Area (sqft) 1400
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Radiant
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $5,300,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3500
Year Built 1976
Age Of Building 50
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Open

Lot & Land

Lot Size 2.15
Lot Size Depth Feet
Lot Size Frontage 314
MLS® # R2919165
Area Langley
Neighbourhood Brookswood Langley
City Langley
Postal Code V2Z 1X3
Gross Taxes $19,889.95
Zoning SR-2

Property Timeline

Status Date Price
R2919165 / Active 08-29-2024 $5,300,000
Rooms
Floor Type Dimensions
Main Level Other 13' x 13' ft
Main Level Dining Room 15' x 15' ft
Main Level Living Room 20' x 20' ft
Main Level Utility 7' x 7' ft
Main Level Kitchen 12' x 12' ft
Main Level Nook 8' x 8' ft
Above Level Primary Bedroom 17' x 17' ft
Above Level Loft 17' x 17' ft
Basement Level Games Room 17' x 17' ft
Basement Level Bedroom 13' x 13' ft
Basement Level Bedroom 7' x 7' ft
Basement Level Family Room 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Above Level No #3
Basement No #3

Listed by: Westmont Realty Inc.

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
Glenwood Elementary School
1.08 km
Secondary
Brookswood Secondary School
2.46 km

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

Private Schools

Elementary
St. Catherines School
1.04 km
Elementary, Secondary
Credo Christian Schools
5.95 km

Closest Transit

Bus Stop
Northbound 200 St @ 28 Ave
0.67 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
6.18 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
12.2%
No Certificate/Degree
Above Average
19.8%
Owner Occupied
Below Average
42.5%
Employment Rate
Below Average
47.1%

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
Market Performance

Real Estate Stats for December 2025 in Langley

FVREB Report city Level
Detached Benchmark

$1,514K

5.91% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 20308 27 Avenue

BC Assessment Value — 20308 27 Avenue

2026 assessed value, sourced from City of Langley open data (PID 008-499-471).
Total Assessed Value (2026)
$4,063,000
-0.3% YoY
-3.9%/yr over 2 yr
2024 Value Trend 2026
Land
$3,762,000
Buildings
$301,000
Year Built
N/A
Class
060
Zoning
SR-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,762,000 $301,000 $4,063,000
-0.3%
2025 $3,762,000 $315,000 $4,077,000
-7.4%
2024 $4,084,000 $318,000 $4,402,000

Mortgage Calculator for 20308 27 Avenue

/month
Principal & Interest
Property Taxes $1,657
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,060,000), the estimated monthly payment for this listing is $21,899/month — $20,242 principal & interest, $1,657 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%
At an estimated rental income of $12,009/month, this property runs a $10,221/month shortfall after mortgage and carrying costs. Break-even requires approximately 61% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Brookswood Langley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $5,300,000
Langley Loading...
Brookswood Langley 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. This property is flagged as a Hot Deal (33.8% price reduction) based on its competitive pricing and market demand.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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