20877 40 Ave, Langley BC - Single Family Residence for Sale - MLS# R2902287

$5,000,000
Est. Mortgage $22,120/mo
4 Beds
3 Baths
3070 sqft
1629 $ /sqft
1971 built
$5,000,000
Est. $22,120/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

Photos

Property Details for 20877 40 Avenue

**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!

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Heating Type Forced Air
# of Kitchens 1
Flooring Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Other
Structures Residential Detached

Building Details

Price $5,000,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3070
Year Built 1971
Age Of Building 55
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow, Rancher/Bungalow w/Bsmt.
Stories 2
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Public
Parking Type Additional Parking
Rental Suites None

Lot & Land

Lot Size 42520
Lot Size Depth Feet
Lot Size Frontage 135.5
MLS® # R2902287
Area Langley
Neighbourhood Brookswood Langley
City Langley
Postal Code V3A 8N9
Gross Taxes $8,255.15
Zoning SR-1

Property Timeline

Status Date Price
R2902287 / Active 07-04-2024 $5,000,000
Rooms
Floor Type Dimensions
Main Level Kitchen 14'5 x 14'5 ft
Main Level Dining Room 11'5 x 11'5 ft
Main Level Living Room 20'7 x 20'7 ft
Main Level Primary Bedroom 15'6 x 15'6 ft
Main Level Bedroom 12' x 12' ft
Main Level Bedroom 9' x 9' ft
Below Bedroom 14' x 14' ft
Below Hobby Room 21'7 x 21'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level No #4
Main Level No #3

Listed by: Real Broker B.C. 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
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

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

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
19%
No Certificate/Degree
Above Average
16.8%
Owner Occupied
Below Average
57.8%
Employment Rate
Average
62.3%

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 20877 40 Avenue

BC Assessment Value — 20877 40 Avenue

2026 assessed value, sourced from City of Langley open data (PID 002-259-834).
Total Assessed Value (2026)
$3,114,000
-3.0% YoY
+0.0%/yr over 2 yr
2024 Value Trend 2026
Land
$3,104,000
Buildings
$10,000
Year Built
N/A
Class
000
Zoning
SR-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,104,000 $10,000 $3,114,000
-3.0%
2025 $3,201,000 $10,000 $3,211,000
+3.1%
2024 $3,104,000 $10,000 $3,114,000

Mortgage Calculator for 20877 40 Avenue

/month
Principal & Interest
Property Taxes $688
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $19,785/month in total housing costs on this $5,000,000 property — $19,097 mortgage payment, $688 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%
Based on $11,845/month estimated rent and $20,118/month in total housing costs, this property has a -$8,273/month cashflow. Break-even down payment: approximately 55%.
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 $5,000,000
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.

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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