1550 227 STREET
Langley, BC V2Z1K6
$1,895,000
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Lot size
- 5.16 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,681.71 (2025)
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Fireplace
- None
Building
- Water source
- Drilled Well
- Sewer
- Septic tank
- Utilities
- Natural Gas, Electricity
Parking
- Total spaces
- 2 — covered indicated
- Features
- Garage, Carport, Open, Other
Listing Information
- MLS®
- R3126970
- Listed
- May 25, 2026
- Time on market
- On the market for 98 days
- Tax assessment year
- 2025
- Data last synced
- September 1, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
5.16 ACRES House and Acreage! This property features a 1,920 SQ/FT Home with 3 Bedrooms and 2 Bathrooms and a beautiful pond at the back of the property. It is great for all sorts of farming or to build an estate home. Easy access to all amenities, 16 Avenue, Fraser Highway, and the USA Border. (id:63159)
Values & Trends
This listing
$987/sqft
Building average
—
No other active listings in this building
Langley average
$851/sqft
553 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Abbotsford
14°C
Clear
Humidity 87%
Wind S calm km/h
Tonight
13°
Tuesday
21°
Tuesday night
13°
Wednesday
20°
Wednesday night
11°
Thursday
19°
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
| School | Type | Distance |
|---|---|---|
| Wix-Brown Elementary | Elementary | 2.8 km |
| Glenwood Elementary | Elementary | 4.4 km |
| Vanguard | Secondary | 5.6 km |
| Brookswood Secondary | Secondary | 5.9 km |
| St Catherines School(Independent) | Elementary | 6.1 km |
| Langley Fundamental Middle/Secondary Sch | K-12 | 6.1 km |
| James Hill Elementary | Elementary | 6.2 km |
| Noel Booth Elementary | Elementary | 6.4 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($379,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.