Property Type: Detached HouseOwnership: FreeholdNEW LISTING

2223 232 STREET

Langley, BC V2Z2Z9

$3,880,000

4 bed3 bath8 parking2,760 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Lot size
934,767 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$13,078.51 (2026)

Interior

Basement
None, Unknown
Heating
Electric, Natural gas
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Garage door opener

Building

Water source
Drilled Well
Sewer
Septic tank
Utilities
Natural Gas, Electricity

Parking

Total spaces
8 — covered indicated
Features
Garage

Listing Information

MLS®
R3159960
Listed
August 31, 2026
Time on market
Listed today
Tax assessment year
2026
Data last synced
September 1, 2026

Listing provided by: RE/MAX Westcoast · Data source: CREA DDF.

Description

A rare opportunity to own approximately 21.46 acres of land in desirable South Langley, located on 232 Street. 2,670 sq. ft. rancher with 4 bedrooms and 3 bathrooms, offering comfortable living space while the exceptional value of this property lies primarily in its substantial land component.The existing home is in average.The expansive acreage provides exceptional privacy, space and flexibility for a variety of rural uses, subject to applicable zoning and regulatory requirements. Ideal for buyers seeking a substantial rural estate, long-term land holding, or an opportunity to secure a significant parcel in one of Langley's most desirable rural areas. (id:63159)

Values & Trends

This listing

$1,406/sqft

Building average

No other active listings in this building

Langley average

$850/sqft

553 active listing(s)

Parking: 8 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

Mostly Cloudy

23°C

Mostly Cloudy

Humidity 50%

Wind W 10 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
Wix-Brown ElementaryElementary1.8 km
VanguardSecondary4.3 km
Glenwood ElementaryElementary4.4 km
James Hill ElementaryElementary4.9 km
Peterson Road ElementaryElementary4.9 km
Langley Christian School(Independent)K-125.0 km
Brookswood SecondarySecondary5.2 km
Langley Fundamental Middle/Secondary SchK-125.2 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% ($776,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,104,000.00
Periodic payment — Principal & Interest (monthly)$20,025.95
Additional monthly expenses (strata, tax, utilities, etc.)$1,227.88
Total monthly cost$21,253.83
Interest paid over 5-yr term$889,615.32
Balance at end of term$2,792,058.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$776,000
Stress test qualifying rate8.09%
Payment you must qualify for$23,868.67

Cash Needed at Closing

Minimum down payment$776,000
Estimated BC PTT$112,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$889,500

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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