Ideal MULTI-FAMILY living on this parklike 5-acre property located in the Otter District of Langley. This property offers space, privacy, and lifestyle. The approx. 3,000 sq ft main home features 3 bedrooms up, 2 baths including an ensuite, a generous kitchen, and inviting living, family, and dining areas ideal for gatherings. Downstairs includes an 805 sq ft 1-bedroom suite plus 577 sq ft unfinished space for future potential as well as an attached workshop. Property also features 1,700 sq ft mobile home with its own septic adding flexibility, ideal for parents or adult children. This Level acreage boasts a producing vineyard which the present owner uses for his own wine, all in a peaceful setting, minutes to Otter Co-op and daily amenities. Don't sleep on this one, loads of potential.
General Info
Price
$2,095,000
Total Bedrooms
6
Total Bathrooms
5
Half Bathrooms
0
Floor Area Total (sqft)
2477
Lot Size
5
Lot Size Depth
Metres
Lot Size Frontage
345.14
Basement
Full
Basement Features
-
Property Metrics
Year Built
1972
Age Of Building
54
Building Type
Single Family Residence
Property Type
Residential
Architecture Style
Split Entry
Stories
2
Appliances Included
Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Features
-
Structures
Residential Detached, Manufactured House
Additional Details
MLS® #
R3092323
Building Name
-
Area
Langley
Neighbourhood
Salmon River
City
Langley
Postal Code
V4W 1Y5
Price per Sqft
$846
Gross Taxes
$5,557.9
Ownership Type
Freehold NonStrata
Maintenance Fee
-
Heating & Cooling
Fireplace
1
Heating Type
Electric, Forced Air
Utilities
Utility Type
Electricity Connected, Natural Gas Connected
Utility Sewer
Septic Tank
Water (WaterSource)
Well Drilled
Parking
Parking Type
Garage Single, Open, RV Access/Parking
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
2.08 km
4.3/10
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Elementary, Secondary
Fraser Valley Adventist Academy
5.27 km
Elementary, Secondary
Fraser Valley Adventist Academy
5.27 km
Closest Transit
Bus Stop
Eastbound Fraser Hwy @ 256 St
2.48 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
11.53 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$463
Maintenance fee0
Financing 80% of the $2,095,000 asking price over 30 years at 4% results in approximately $8,464/month in total estimated carrying costs, $463 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 Payment0%
This listing generates an estimated $7,794/month in rental income, leaving a -$858/month cashflow at current carrying costs. Investors targeting break-even would need roughly 29% 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
$2,095,000
Langley
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Salmon River
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No active comparables were found in Salmon River. Based on 6 similar Single Family Residences across Langley, the average asking price is $1,399,113 — this listing is 49.7% above the city-wide average.
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 24971 24 Avenue, Langley, BC?
The closest top-rated schools are Wix-Brown Elementary School and Fraser Valley Adventist Academy.
Is 24971 24 Avenue, Langley, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 24971 24 Avenue, Langley, BC?
With a standard down payment, the estimated monthly mortgage is approximately $12,570.
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