Property Type: Detached HouseOwnership: Freehold

21068 16TH AVENUE

Langley, BC V2Z1K3

$3,195,000

5 bed3 bath12 parking3,330 sqftBuilt 1973
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Amenities

Also listed: Storage - Locker, Guest Suite

Property Details

Property & Lot

Sub-type
House
Lot size
855,106 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$11,087.51 (2025)

Interior

Basement
Finished, Full, Separate entrance
Heating
Natural gas
Fireplace
Yes (2)

Parking

Total spaces
12 — covered indicated
Features
Carport, Open, RV

Listing Information

MLS®
R3062705
Listed
October 28, 2025
Time on market
On the market for 307 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Real Estate Services · Data source: CREA DDF.

Description

A unique opportunity to acquire this 19.63 - acre estate in Langley, BC. The property has a main house featuring 5 bedrooms and 3 bathrooms with a basement that offers a separate entry. There is a 2,300+ sq.ft. barn on the property, along with outdoor paddocks which require some updating, and an outdoor riding area. Ideal for farming or equestrian use, this property may have the potential to be subdivided, as there is access at the back of the property from 12th Avenue. Potential buyers are instructed to consult with the Township of Langley. (id:63159)

Values & Trends

This listing

$959/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 12 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

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.

Nearby Schools

SchoolTypeDistance
Glenwood ElementaryElementary2.2 km
St Catherines School(Independent)Elementary3.9 km
Noel Booth ElementaryElementary4.5 km
Brookswood SecondarySecondary4.8 km
Belmont ElementaryElementary5.4 km
Langley Fundamental Middle/Secondary SchK-125.6 km
Wix-Brown ElementaryElementary5.9 km
East Kensington ElementaryElementary6.1 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

No TransLink stops within an ~10-minute walk.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($639,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,556,000.00
Periodic payment — Principal & Interest (monthly)$16,490.44
Additional monthly expenses (strata, tax, utilities, etc.)$1,090.96
Total monthly cost$17,581.40
Interest paid over 5-yr term$732,556.95
Balance at end of term$2,299,130.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$639,000
Stress test qualifying rate8.09%
Payment you must qualify for$19,654.75

Cash Needed at Closing

Minimum down payment$639,000
Estimated BC PTT$77,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$718,250

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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