Property Type: Detached HouseOwnership: Freehold

20535 98 AVENUE

Langley, BC V1M2H6

$1,578,000

4 bed3 bath6 parking3,287 sqftBuilt 1993
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Amenities

Also listed: Storage - Locker, Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
6,997 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,768.9 (2026)

Interior

Basement
Partially finished, Partial
Heating
Forced air, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
6 — covered indicated
Features
Garage

Listing Information

MLS®
R3143084
Listed
July 7, 2026
Time on market
On the market for 55 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.

Description

Welcome to Derby Hills! This 3,287 sqft Rancher w/walkout bsmt has an excellent floor plan w/3 Bdrms & 3 bthrms, providing ample space to entertain & in a family-friendly neighborhood in Walnut Grove. Features an open-concept kitchen tailored for the culinary enthusiast w/quartz countertops & a professional-grade Viking gas cooktop. Kitchen & all bthrms renovated in 2022, along w/a newer f/p, lighting & flooring. High-efficiency heat pump & furnace w/central AC, both installed Summer of 2025. Lower level is open & very functional featuring a wet bar & separate entry, making it easy to add an in-law suite. Flex rm can easily be converted to another bdrm. Double garage & a short walk to Derby Hills Park & close proximity to Hwy 1, Shopping & amenities. (id:63159)

Values & Trends

This listing

$480/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 6 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

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

15

2/9 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
Gordon Greenwood ElementaryElementary1.4 km
West Langley ElementaryElementary1.5 km
Dorothy Peacock ElementaryElementary1.6 km
Walnut Grove SecondarySecondary2.0 km
James Kennedy ElementaryElementary2.2 km
Topham ElementaryElementary2.5 km
Yorkson Creek Middle SchoolMiddle3.0 km
Alex Hope ElementaryElementary3.1 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
Westbound 96 Ave @ 206 St537 m
Eastbound 96 Ave @ 205 St542 m
Westbound 96 Ave @ 205 St542 m
Eastbound 96 Ave @ 206 St579 m
Northbound 204 St @ 96 Ave642 m

Nearby Places

Restaurants (1)

  • The Bistro · 20280 97 Avenue657 m

Parks (2)

  • Derby Hills Park91 m
  • Yeomans Heritage Parkette741 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($315,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,262,400.00
Periodic payment — Principal & Interest (monthly)$8,144.58
Additional monthly expenses (strata, tax, utilities, etc.)$644.74
Total monthly cost$8,789.32
Interest paid over 5-yr term$361,807.47
Balance at end of term$1,135,532.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$315,600
Stress test qualifying rate8.09%
Payment you must qualify for$9,707.41

Cash Needed at Closing

Minimum down payment$315,600
Estimated BC PTT$29,560
Legal / closing costs (typical estimate)$1,500
Total cash needed$346,660

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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