Property Type: Detached HouseOwnership: Freehold

19845 55A AVENUE

Langley, BC V3A3X3

$2,499,000

4 bed4 bath5 parking2,009 sqftBuilt 1968
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Property Details

Property & Lot

Sub-type
House
Lot size
16,422 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,783.01 (2024)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
5 — covered indicated
Features
Carport, Open, Other

Listing Information

MLS®
R2963116
Listed
February 4, 2025
Time on market
On the market for 574 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Nu Stream Realty Inc. · Data source: CREA DDF.

Description

6 STORY LOW RISE APARTMENT DEVELOPMENT PROPERTY! These stand alone 2 parcels are ready for development applications, and Langley City has the fastest turnaround time in the lower mainland! The 2 lots total 26,822 sq. feet and zoned 2.1 FAR! This 16,422 sq. foot lot features a well maintained 4 bedroom 2.5 bath home siding green space with 2 road frontages and great tenants. 3 beds and 2.5 bath up, kitchen and living on main, one bedroom suite in basement. Renovations in 2018 include kitchen, laminate floors, fresh paint in and out, electric panel, hot water tank in 2022 etc. Walking distance to future skytrain, close to shopping, schools and parks. Welcome any offers! A rare investment opportunity-act now! (id:63159)

Values & Trends

This listing

$1,244/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

4/9 categories nearby

Transit

33

5 stop(s) within 800m

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Nicomekl ElementaryElementary758 m
Douglas Park CommunityElementary1.5 km
Whytecliff Agile Learning Centre-Langley(Independent)Elementary1.5 km
Latimer Road ElementaryElementary1.5 km
Simonds ElementaryElementary1.7 km
Blacklock Fine Arts ElementaryElementary1.8 km
H D Stafford MiddleMiddle1.8 km
Langley Meadows ElementaryElementary2.0 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

StopTypeDistance
Eastbound 56 Ave @ 198 St117 m
Westbound 56 Ave @ 198 St137 m
Eastbound 56 Ave @ Production Way216 m
Westbound 56 Ave @ 200 St311 m
Southbound 200 St @ 56 Ave315 m

Nearby Places

Restaurants (5+)

  • Kostas692 m
  • Unnamed · 20173 56 Avenue695 m
  • John's Chicken House · 20162 Fraser Highway745 m
  • Jim's Pizzeria · 20199 56 Avenue749 m
  • Emilio Finatti Pizzeria · 20125 Fraser Highway751 m

Cafes (2)

  • Gossip Corner Cafe270 m
  • Lemon Bakery · 102-20108 Fraser Highway694 m

Grocery (1)

  • Saigon City Market699 m

Parks (2)

  • Brydon Park386 m
  • Linwood Park582 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($499,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,999,200.00
Periodic payment — Principal & Interest (monthly)$12,898.16
Additional monthly expenses (strata, tax, utilities, etc.)$998.58
Total monthly cost$13,896.74
Interest paid over 5-yr term$572,976.47
Balance at end of term$1,798,286.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$499,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,373.15

Cash Needed at Closing

Minimum down payment$499,800
Estimated BC PTT$52,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$554,270

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.

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