Property Type: Detached HouseOwnership: Freehold

20962 48 AVENUE

Langley, BC V3A3M1

$1,948,800

6 bed6 bath6 parking3,976 sqftBuilt 2018
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Amenities

Also listed: Laundry - In Suite, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
8,061 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,546.87 (2025)

Interior

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

Parking

Total spaces
6 — covered indicated
Features
Garage, Open

Listing Information

MLS®
R3144397
Listed
July 8, 2026
Time on market
On the market for 54 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Royal Pacific Realty Corp. · Data source: CREA DDF.

Description

Beautiful executive home across from Newlands Golf Course and a Montessori childcare centre, just minutes to parks, schools, and Murrayville. Thoughtfully designed with a gourmet kitchen featuring a 6-burner gas range, separate butler's kitchen, custom closets, and laundry on all 3 levels. Three spacious bedrooms each offer ensuite access. The fully finished basement includes a media room and a bright legal 1-bedroom above-ground suite. Enjoy year-round outdoor living on the south-facing covered deck with glass awning, plus a private hot tub. Features include A/C, hot water on demand, top of the line appliances, epoxy flooring in large double garage, generous driveway, smart home thermostats, and balance of the 2-5-10 warranty. DON'T MISS THIS ONE! (id:63159)

Values & Trends

This listing

$490/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 6 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

Mainly Clear

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

7

1/9 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
Uplands ElementaryElementary897 m
Blacklock Fine Arts ElementaryElementary938 m
Murrayville Academy(Independent)Elementary1.1 km
H D Stafford MiddleMiddle1.1 km
Langley Fundamental Middle/Secondary SchK-121.5 km
Douglas Park CommunityElementary1.5 km
Simonds ElementaryElementary1.6 km
Langley Fundamental ElementaryElementary1.7 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 48 Ave @ 210 St13 m
Westbound 48 Ave @ 210 St19 m
Westbound 48 Ave @ 209 St202 m
Eastbound 48 Ave @ 208 St222 m
Northbound 208 St @ 47 Ave367 m

Nearby Places

Parks (3)

  • Iris Mooney Park361 m
  • Nicholas Park581 m
  • Langley City Park687 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($389,760) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,559,040.00
Periodic payment — Principal & Interest (monthly)$10,058.40
Additional monthly expenses (strata, tax, utilities, etc.)$827.91
Total monthly cost$10,886.30
Interest paid over 5-yr term$446,825.35
Balance at end of term$1,402,361.52

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$389,760
Stress test qualifying rate8.09%
Payment you must qualify for$11,988.47

Cash Needed at Closing

Minimum down payment$389,760
Estimated BC PTT$36,976
Legal / closing costs (typical estimate)$1,500
Total cash needed$428,236

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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