Property Type: Detached HouseOwnership: Freehold

1009 248 STREET

Langley, BC V4W2B8

$5,499,000

3 bed4 bath10 parking3,147 sqftBuilt 2011
Get Directions

Amenities

Also listed: Storage - Locker, Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
882,090 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,931.52 (2025)

Interior

Basement
None, Unknown
Heating
Radiant heat, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View

Parking

Total spaces
10 — covered indicated
Features
Garage

Listing Information

MLS®
R3138065
Listed
June 22, 2026
Time on market
On the market for 70 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal LePage Little Oak Realty · Data source: CREA DDF.

Description

Exceptional Premier Estate: 20+ Acres - Luxury, Versatility & Privacy Await! Discover this premier gated estate on over 20 flat, usable acres, fully fenced with excellent drainage. The front acreage is cross-fenced and ready for animals or projects. The 3,100+ sq ft open-concept rancher features high-end finishes, bespoke cabinetry, premium Euroline windows/doors, radiant heating, A/C, and a generator. Enjoy the West-facing backyard with sunset views. An attached 1,000+ sq ft kennel (radiant-heated) converts easily to a studio, guest space, or second residence with private driveway access. Also includes: four-stall barn, 2,000 sq ft shop (4 bays), 2,400 sq ft new outbuilding ready for completion, and 3 acres of forest trails for riding/walking. Act Fast - schedule your tour today! (id:63159)

Values & Trends

This listing

$1,747/sqft

Building average

No other active listings in this building

Langley average

$850/sqft

553 active listing(s)

Parking: 10 stall(s) includedStorage locker: Included

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Detached (House) Market Stats — Langley

Monthly figures from the Fraser Valley Real Estate Board for Langley detached (house)listings — not specific to this property.

MLS® HPI Benchmark Price

$1,500,900

Jul 2026

Average Sale Price

$1,404,904

Jul 2026

Monthly Sales

79

Jul 2026

Active Listings

439

Jul 2026

Sales-to-Active Ratio

18.0%

Jul 2026

Median Days to Contract

22 days

Jul 2026

MLS® HPI Benchmark Price

$1,875,100
$1,450,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Clear

13°C

Clear

Humidity 92%

Wind NW 4 km/h

Today

21°

Tonight

13°

Wednesday

20°

Wednesday night

11°

Thursday

18°

Thursday night

Source: Environment and Climate Change Canada.

Population

161,566

(2021 Census)

+12.8% since 2016

Density: 509/km²

Dwellings: 62,282

Median household income: $102,443

After-tax: $89,518

Immigrant population: 22.9%

Top countries of origin (% of total population)

  • Korea, South2.7% · 4,325
  • India2.6% · 4,225
  • United Kingdom2.3% · 3,755
  • China1.9% · 3,090
  • Philippines1.7% · 2,755
  • United States of America1% · 1,550
  • Viet Nam0.7% · 1,065
  • Germany0.6% · 965

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Wix-Brown ElementaryElementary3.4 km
Aldergrove Christian Academy(Independent)Elementary4.8 km
Betty Gilbert MiddleMiddle5.5 km
Aldergrove Community SecondarySecondary5.6 km
VanguardSecondary5.7 km
Shortreed Community SchoolElementary6.4 km
Parkside Centennial ElementaryElementary6.7 km
Coghlan Fundamental ElementaryElementary7.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,099,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,399,200.00
Periodic payment — Principal & Interest (monthly)$28,382.15
Additional monthly expenses (strata, tax, utilities, etc.)$401.29
Total monthly cost$28,783.44
Interest paid over 5-yr term$1,260,823.37
Balance at end of term$3,957,094.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,099,800
Stress test qualifying rate8.09%
Payment you must qualify for$33,828.31

Cash Needed at Closing

Minimum down payment$1,099,800
Estimated BC PTT$192,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,294,250

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information