Property Type: Detached HouseOwnership: Freehold

23873 12 AVENUE

Langley, BC V2Z2Y2

$4,190,000

4 bed3 bath8 parking3,914 sqftBuilt 1992
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Amenities

Also listed: Storage - Locker, Laundry - In Suite, Sauna, Air Conditioning

Property Details

Property & Lot

Sub-type
House
Lot size
183,387.6 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,538.26 (2026)

Interior

Basement
Finished, Crawl space
Heating
Forced air, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
View, Valley view, View (panoramic)

Parking

Total spaces
8 — covered indicated
Features
Detached Garage, Garage, RV

Listing Information

MLS®
R3156521
Listed
August 17, 2026
Time on market
On the market for 14 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Imagine stepping into a place where beauty & style meet. This Cape Cod-inspired estate, nestled on a sunny, gently rolling hill that covers almost five acres, offers stunning sunrise & sunset views while keeping you in peaceful seclusion. Renovated over the last 5 years with no expense spared, this 3200+ sq. ft. home boasts 4 bedrooms & 2.5 bathrooms, all designed with care. The open-concept kitchen & living area combine sophistication with easy comfort, offering views over your peaceful, sunny acreage. The beautiful established-flower farm enhances the yard & is a wonderful example of the property's beauty. Plus, there's a state-of-the-art 683 sq ft shop, A/C, Generator, a barrel sauna, fruit trees & a huge 100'x110' private parking area for commercial sized vehicles & equipment. (id:63159)

Values & Trends

This listing

$1,071/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 8 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

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.

Nearby Schools

SchoolTypeDistance
Wix-Brown ElementaryElementary2.4 km
VanguardSecondary5.3 km
Aldergrove Christian Academy(Independent)Elementary5.8 km
Glenwood ElementaryElementary6.7 km
Betty Gilbert MiddleMiddle6.8 km
Aldergrove Community SecondarySecondary6.8 km
Peterson Road ElementaryElementary6.9 km
Langley Christian School(Independent)K-127.3 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% ($838,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,352,000.00
Periodic payment — Principal & Interest (monthly)$21,625.97
Additional monthly expenses (strata, tax, utilities, etc.)$324.19
Total monthly cost$21,950.15
Interest paid over 5-yr term$960,692.84
Balance at end of term$3,015,134.84

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$838,000
Stress test qualifying rate8.09%
Payment you must qualify for$25,775.71

Cash Needed at Closing

Minimum down payment$838,000
Estimated BC PTT$127,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$967,000

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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