Property Type: Detached HouseOwnership: Freehold

21083 42 AVENUE

Langley, BC V3A5A2

$2,550,000

5 bed4 bath1 parking2,744 sqftBuilt 1991
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Property Details

Property & Lot

Sub-type
House
Lot size
52,707.6 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,662.16 (2025)

Interior

Basement
None, Unknown
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
1 — covered indicated
Features
Garage

Listing Information

MLS®
R3146120
Listed
July 14, 2026
Time on market
On the market for 48 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

1.21-acre Brookswood opportunity with strong future redevelopment potential. Designated SSMUH 3 under the Rinn Neighbourhood Land Use Plan, supporting future small-scale multi-unit housing with a minimum lot size of approximately 7,000 SF and up to 4 dwelling units per lot. The existing renovated residence of over approximately 2,700 SF provides immediate holding value. Ideally located just steps from Langley Fundamental Middle & Secondary School. Feel free to drive by the site.The property is sold on an As Is where is Basis and the Buyer, Buyer's agent to verify all relevant details. (id:63159)

Values & Trends

This listing

$929/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 1 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

19

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
Langley Fundamental Middle/Secondary SchK-12374 m
Uplands ElementaryElementary930 m
Brookswood SecondarySecondary1.0 km
Murrayville Academy(Independent)Elementary1.6 km
Belmont ElementaryElementary1.6 km
H D Stafford MiddleMiddle1.8 km
Blacklock Fine Arts ElementaryElementary2.1 km
Simonds ElementaryElementary2.1 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
Northbound 208 St @ 42 Ave556 m
Southbound 208 St @ 42 Ave572 m
Southbound 208 St @ 42 Ave586 m
Northbound 208 St @ 44 Ave665 m
Southbound 208 St @ 44 Ave687 m

Nearby Places

Restaurants (2)

  • Toki's Chinese Food · 4115 208 Street630 m
  • Camy's Pizza · 20759 40 Avenue775 m

Cafes (1)

  • Trendz Coffee House · 4033 208 Street732 m

Parks (1)

  • East Brookswood Park424 m

Banks & ATMs (1)

  • Unnamed763 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($510,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,040,000.00
Periodic payment — Principal & Interest (monthly)$13,161.39
Additional monthly expenses (strata, tax, utilities, etc.)$942.18
Total monthly cost$14,103.57
Interest paid over 5-yr term$584,669.86
Balance at end of term$1,834,986.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$510,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,686.89

Cash Needed at Closing

Minimum down payment$510,000
Estimated BC PTT$54,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$566,000

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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