20188 40 AVENUE
Langley, BC V3A2W5
$1,075,000
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 10,468 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,524 (2025)
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Fireplace
- Yes (1)
Parking
- Total spaces
- 6 — covered indicated
- Features
- Garage, Carport
Listing Information
- MLS®
- R3130579
- Listed
- June 2, 2026
- Time on market
- On the market for 90 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.
Description
10,500 sq. ft. CORNER LOT in Brookswood. This flat 107' x 77' parcel offers exceptional development potential - contact the Township of Langley to verify city sewer access from both lot borders and explore potential for small-scale multi-unit housing (SSMUH). Build right away or renovate the approx. 1,900 sq. ft. existing home to live in or rent out while you plan your next build. A perfect canvas for a custom home or a strategic investment. 10/10 location: close to Brookswood Park, Cedarbrook Shopping Plaza, Brookswood Secondary, and Dale Ball Passive Park. Transit is right outside the door and just 2 blocks from Belmont Elementary. Secure your spot in this vibrant community today! (id:63159)
Values & Trends
This listing
$554/sqft
Building average
—
No other active listings in this building
Langley average
$852/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
16°C
Mainly Clear
Humidity 78%
Wind S 3 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
41
6/9 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
| School | Type | Distance |
|---|---|---|
| Belmont Elementary | Elementary | 342 m |
| Alice Brown Elementary | Elementary | 1.0 km |
| Noel Booth Elementary | Elementary | 1.1 km |
| Uplands Elementary | Elementary | 1.4 km |
| Brookswood Secondary | Secondary | 1.5 km |
| Simonds Elementary | Elementary | 1.6 km |
| St Catherines School(Independent) | Elementary | 1.6 km |
| H D Stafford Middle | Middle | 1.9 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
| Stop | Type | Distance |
|---|---|---|
| Westbound 40 Ave @ 202 St | — | 42 m |
| Eastbound 40 Ave @ 202 St | — | 63 m |
| Eastbound 40 Ave @ 200A St | — | 248 m |
| Westbound 40 Ave @ 200A St | — | 290 m |
| Northbound 200 St @ 40 Ave | — | 381 m |
Nearby Places
Restaurants (4)
- Ocean Park Pizza209 m
- Sushi Mate · 4046 200 Street397 m
- China Bowl Restaurant · 4061 200 Street498 m
- Hirame Sushi · 4139 200 Street537 m
Cafes (2)
- Starbucks · 4064 200 Street387 m
- Cravings · 114 200 Street461 m
Grocery (1)
- Buy-Low Foods · 4121 200 Street538 m
Parks (1)
- Brookswood Park472 m
Pharmacies (1)
- Shoppers Drug Mart349 m
Banks & ATMs (3)
- RBC267 m
- Unnamed267 m
- Coast Capital Savings · 4145 200 Street516 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.7% ($82,500) — 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.