21113 16 AVENUE
Langley, BC V2Z1K3
$7,888,800
Amenities
Also listed: Storefront
Property Details
Property & Lot
- Lot size
- 207,781 square feet
Ownership & Fees
- Property type
- Other
- Annual property tax
- $1,746.31 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8075809
- Listed
- February 3, 2026
- Time on market
- On the market for 221 days
- Tax assessment year
- 2025
- Data last synced
- September 13, 2026
Listing provided by: eXp Realty of Canada Inc. · Data source: CREA DDF.
Description
Festina Lente Winery is a PROFITABLE, TURNKEY MEAD WINERY & EVENTS BUSINESS located in highly sought-after Campbell Valley agri-tourism corridor. Est. in 2016, this mead wine producer operates in a resilient niche w/~84% GROSS MARGINS ON WINE & reduced exposure to grape shortages, climate volatility & traditional market saturation. Revenue diversified across HIGH-MARGIN WINE SALES, weddings, private events & tastings. Operation is fully staffed w/proven systems, disciplined growth & strong brand recognition. RECTANGULAR -5 ACRES w/ZONING FLEXIBILITY, parking & NOT IN A FLOOD PLAN. NO EASEMENT or RIGHT OF WAYS. Property includes 4 bed/ 4 bath~4,500 sqft home with large living spaces and master w/ensuite- a rare LIVE-IN BUSINESS OPPORTUNITY! (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Langley average
$427/sqft
60 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.
Location Insights
Weather
14°C
Mostly Cloudy
Humidity 80%
Wind WNW 11 km/h
Today
20°
Tonight
13°
Monday
17°
Monday night
13°
Tuesday
22°
Tuesday night
12°
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
| School | Type | Distance |
|---|---|---|
| Glenwood Elementary | Elementary | 1.7 km |
| St Catherines School(Independent) | Elementary | 3.5 km |
| Noel Booth Elementary | Elementary | 4.0 km |
| Brookswood Secondary | Secondary | 4.3 km |
| Belmont Elementary | Elementary | 4.9 km |
| Langley Fundamental Middle/Secondary Sch | K-12 | 5.0 km |
| Wix-Brown Elementary | Elementary | 5.6 km |
| Uplands Elementary | Elementary | 5.8 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)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,577,760) — 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.