Property Type: Detached HouseOwnership: Freehold

2218 240 STREET

Langley, BC V2Z3A4

$5,888,800

8 bed10 bath30 parking7,169 sqftBuilt 2019
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Amenities

Also listed: Guest Suite, Laundry - In Suite, Whirlpool

Property Details

Property & Lot

Sub-type
House
Lot size
866,408 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,437.53 (2026)

Interior

Basement
None, Unknown
Heating
Radiant heat, Natural gas
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
30 — covered indicated
Features
Garage, RV, Visitor Parking

Listing Information

MLS®
R3132005
Listed
June 5, 2026
Time on market
On the market for 87 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

INCREDIBLE FIND & FANTASTIC VALUE! 19.89-ACRE MULTI-GENERATIONAL ESTATE, farm (approx 16.5 acres of Blueberry fields leased for $48,800 year) & Wedding/Event Venue with breathtaking views of Mount Baker! STUNNING CUSTOM 7,169 sqft luxury manor boasting a chef-inspired kitchen, 10 bathrooms, 8 bedrooms (each with full ensuite), high-caliber finishes, custom millwork & attention to detail. Spectacular manicured grounds, rose gardens, water features, putting green, outstanding event area with guest washrooms. Several outbuildings - 1,384 sqft wheelchair friendly 2 bathroom, 2 office, retail store/multipurpose building, 1,521 sqft multipurpose building, 2,400 sqft greenhouse. Loads of parking. 2 road frontages. Whether you're hosting a garden party or simply enjoying a peaceful afternoon stroll, this is your own personal haven. Dreaming of embarking on an agricultural venture or a luxury estate, don't miss out! (id:63159)

Values & Trends

This listing

$821/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 30 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

Partly Cloudy

12°C

Partly Cloudy

Humidity 95%

Wind N 3 km/h

Today

21°

Tonight

13°

Wednesday

20°

Wednesday night

11°

Thursday

18°

Thursday night

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
Wix-Brown ElementaryElementary531 m
VanguardSecondary3.3 km
Aldergrove Christian Academy(Independent)Elementary4.8 km
Peterson Road ElementaryElementary5.0 km
Langley Christian School(Independent)K-125.5 km
Coghlan Fundamental ElementaryElementary5.6 km
Aldergrove Community SecondarySecondary5.9 km
Betty Gilbert MiddleMiddle5.9 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% ($1,177,760) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,711,040.00
Periodic payment — Principal & Interest (monthly)$30,394.03
Additional monthly expenses (strata, tax, utilities, etc.)$1,477.79
Total monthly cost$31,871.83
Interest paid over 5-yr term$1,350,197.61
Balance at end of term$4,237,595.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,177,760
Stress test qualifying rate8.09%
Payment you must qualify for$36,226.25

Cash Needed at Closing

Minimum down payment$1,177,760
Estimated BC PTT$212,440
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,391,700

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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