$1,999,000
Below Assessment Value, 5.2% price reduction
2271 240 St, Langley, BC
$1,895,000
Est. Mortgage /mo
MLS# R3074943
3
Beds
1
Baths
1488
sqft
1274
$
/sqft
1969
built
Property Details & Specs
Below Assessment Value
5.2% price reduction
5.42 ACRES ideal for your DREAM HOME! Easy access to Fraser Highway & 16 Avenue. 182 feet wide x 1303 feet deep. This partly cleared property awaits your ideas! RU-3 Rural zoning in the ALR. Nearly 1500 SQ/FT 3 bedroom rancher built w/ solid concrete block construction on slab. Older barn / shop. Lovely walkable treed area at back, very natural "park-like" setting. Drilled well apporx. 160 feet, has good water. Natural gas at the street. OFFERED NEARLY $450,000 BELOW BC ASSESSMENT VALUE. Zoning allows for new home, secondary home (approx. 970 sq/ft), barn / shop and additional farming uses. Elevations may make it feasible for walkout basement. Room for your toys and trucks, legally park 3 commercial vehicles.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 18' x 18' ft |
| Main Level | Dining Room | 14' x 14' ft |
| Main Level | Kitchen | 14' x 14' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
| Main Level | Bedroom | 13' x 13' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Mud Room | 28' x 28' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #4 |
Listed by: B.C. Farm & Ranch Realty Corp. & B.C. Farm & Ranch Realty Corp.
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 & Transit Info
Public Schools
- Elementary
- Wix-Brown Elementary School
- Average
- 0.32 km
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
- Elementary, Secondary
- Langley Christian Middle High School
- Above Average
- 5.52 km
- Elementary, Secondary
- Langley Christian Middle High School
- Above Average
- 5.52 km
Closest Transit
- Bus Stop
- Eastbound Fraser Hwy @ 244 St
- 3.32 km
- Skytrain
- Skytrain @ Langley City Centre Station ( Under Construction till 2029)
- 10.13 km
Crime Rate
- Total Crime Rate
- Average
- Violent Crime Rate
- Below Average
- Property Crime Rate
- Above Average
Demographics
- Post-Secondary Education
- Below Average
- 10.5%
- No Certificate/Degree
- Above Average
- 20%
- Owner Occupied
- Below Average
- 55.3%
- Employment Rate
- Below Average
- 49.2%
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
Local Info
Estimated Mortgage Calculator
/month
Principal & Interest
Property Taxes
$534
Maintenance fee
0
Financing 80% of the $1,895,000 asking price over 30 years at 4% results in approximately $7,772/month in total estimated carrying costs, $534 property tax.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:
Estimated Cashflow Calculator
/month
Mortgage Payment
Monthly Payment
Break Even Down Payment
0%
This listing generates an estimated $5,074/month in rental income, leaving a -$2,895/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Home Price Evaluation Chart
This Home
$1,895,000
Langley
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Campbell Valley
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This listing has no active comparable properties in Langley at present. The price evaluation chart will update as similar listings become available. This property is flagged as a Hot Deal (Below Assessment Value, 5.2% 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 Price Comparision
This house
$1,400,000
Surrey
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
Property FAQs
What are the closest top-rated schools to 2271 240 Street, Langley, BC?
The closest top-rated schools are Wix-Brown Elementary School and Langley Christian Middle High School.
Is 2271 240 Street, Langley, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 2271 240 Street, Langley, BC?
With a standard down payment, the estimated monthly mortgage is approximately $11,370.
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