Listing history

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About this home

Opportunity Is Knocking. Rare 0.312-acre RU1-zoned property located OUTSIDE the ALR, unlocking exceptional development and holding potential. Strategically positioned for a smart investor, the current zoning framework allows for 2 detached dwellings with the possibility of a low-cost strata conversion (Buyer should check the potential with the Township of Langley). The property features a 3 bdrm, 1 bath home alongside a 27’1x23’2 detached shop (678 sq ft). Perfect for a home business, car enthusiast, or secure tool storage with excellent main-road exposure and easy access partway to Aldergrove. Build your custom dream home or discuss stratification possibilities. This is prime Fraser Valley real estate with endless upside. Bring your ideas!

Home facts

Bedrooms: 3
Bathrooms: 1 full
Interior: 1,154 sq ft
Lot size: 13,612 sq ft
Year built: 1969
Storey: 1
Parking: 7
Property type: Single Family Residence
Basement: Crawl Space
Garage: Yes
Carport: No
Fireplace: 1
Area: Langley
Sub-area: Campbell Valley
Style: Rancher/Bungalow
Listed: Hidden until you accept the VOW terms
Structure: Residential Detached
PID: Hidden until you accept the VOW terms

Features and inclusions

Appliances: Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating: Forced Air, Natural Gas
Flooring: Hidden until you accept the VOW terms
Construction: Hidden until you accept the VOW terms
Roof: Hidden until you accept the VOW terms
Parking: Garage Single, Front Access, Gravel

Board rules show these details to signed-in buyers who accept the VOW terms.

Listed by Century 21 Coastal Realty Ltd. Data from BCRES. Last updated Oct 29, 2026, 9:19 PM.

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.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $5,919
Property tax: $367/mo
Home insurance: $150/mo
Estimated monthly total: $6,436

Purchase snapshot

List price: $1,248,800
Down payment: $249,760 (20%)
Estimated mortgage: $999,040

Estimates only. They leave out utilities, upkeep and closing costs.

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Space and layout

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Home value

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Neighbourhood

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Walk to Otter Coop37 min

Bike to Cloverdale (FVHRS)59 min

Walk to Cloverdale (FVHRS)3h 17m

Drive to downtown Vancouver1h 51m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 65%

Homes for sale nearby, by type

Detached34 for sale

Mobile home12 for sale

Land5 for sale

Farm1 for sale

Active listings within 3 km of this home.

Homes built in Langley, by type

Single-detached87.2% · 170

Apartment in duplex7.7% · 15

Movable dwelling5.1% · 10

Source: Statistics Canada, 2021 Census of Population. 195 dwellings.

Who lives here

Statistics Canada area 59153772 · Langley

Median age: 44
Renter households: 18%
Average household size: 2.9
Median household income: $113,000

Population (2021): 569
Median rent: $1,200
Owner shelter cost: $1,680
30%+ of income on shelter: 18%
Owner households: 80%
Households with kids: 34%
Immigrants: 16%
Post-secondary: 47%
Average home value (2021): $1,800,000

Breakdown

$20,000 to $24,9992.5% · 5

$25,000 to $29,9992.5% · 5

$30,000 to $34,9992.5% · 5

$40,000 to $44,9995.0% · 10

$45,000 to $49,9992.5% · 5

$50,000 to $59,9995.0% · 10

$60,000 to $69,9995.0% · 10

$70,000 to $79,9997.5% · 15

$80,000 to $89,9992.5% · 5

$90,000 to $99,9995.0% · 10

$100,000 to $124,99915.0% · 30

$125,000 to $149,99912.5% · 25

$150,000 to $199,99910.0% · 20

$200,000 and over22.5% · 45

Source: Statistics Canada, 2021 Census Profile, dissemination area 59153772.

Documents

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Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

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23745 40 Avenue

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