$2,379,000
5.4% price reduction
488 240 St, Langley, BC
$2,249,900
Est. Mortgage /mo
MLS# R3077801
2
Beds
2
Baths
101
sqft
22276
$
/sqft
Property Details & Specs
5.4% price reduction
9.75 acres of multi use and fully accessible acreage. Extensive upgrades to infrastructure. All season road 1300 feet to back of property. Drilled well with 2 shallow wells. Original farmhouse waiting reno. 3.5 acres high ground suitable for all crops 3.5 acres grazing ground 2.5 acres building site/forest/pond A great start to amazing lifestyle living. All the infrastructure in place in order to build a dream property family compound. Amazing opportunity. 10 acres for the price of 5.
Property Timeline
Rooms
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Family Room | 14' x 14' ft |
| Main Level | Kitchen | 14' x 14' ft |
| Main Level | Living Room | 14' x 14' ft |
| Main Level | Great Room | 12' x 12' ft |
| Main Level | Bedroom | 12' x 12' ft |
| Main Level | Primary Bedroom | 14' x 14' ft |
Bathrooms
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
| Main Level | No | #4 |
Listed by: Sutton Group-West Coast Realty (Surrey/120)
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
- 3.94 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
- 8.97 km
- Elementary, Secondary
- Langley Christian Middle High School
- Above Average
- 8.97 km
Closest Transit
- Bus Stop
- Eastbound Fraser Hwy @ 248 St
- 6.78 km
- Skytrain
- Skytrain @ Langley City Centre Station ( Under Construction till 2029)
- 12.93 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
$369
Maintenance fee
0
Financing 80% of the $2,249,900 asking price over 30 years at 4% results in approximately $8,962/month in total estimated carrying costs, $369 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 $5,793/month in rental income, leaving a -$3,371/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
$2,249,900
Langley
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Campbell Valley
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No active comparables are currently available for this property type in Langley. Pricing context may be limited at this time. This property is flagged as a Hot Deal (5.4% 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 488 240 Street, Langley, BC?
The closest top-rated schools are Wix-Brown Elementary School and Langley Christian Middle High School.
Is 488 240 Street, Langley, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 488 240 Street, Langley, BC?
With a standard down payment, the estimated monthly mortgage is approximately $13,499.
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