Property Type: Detached HouseOwnership: FreeholdNEW LISTING

23915 48TH AVENUE

Langley, BC V2Z2T1

$1,698,000

5 bed3 bath10 parking2,747 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Lot size
27,442 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,329.52 (2026)

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Building

Water source
Drilled Well
Sewer
Septic tank

Parking

Total spaces
10 — covered indicated
Features
Detached Garage, Open, Tandem

Listing Information

MLS®
R3159336
Listed
August 27, 2026
Time on market
On the market for 4 days
Tax assessment year
2026
Data last synced
August 29, 2026

Listing provided by: Royal LePage West Real Estate Services · Data source: CREA DDF.

Description

An amazing opportunity to own this stunning .63 acre park inspired lot w/ 39x35 detached shop w/10' doors and this beautifully kept rancher w/daylight basement & a 1-2 bdrm unauthorized suite ideal for family. Beautifully updated Maple kitchen w/breakfast bar island, S/S appliances & an entertainment sized deck w/room for everyone. Three bdrms on the main, Primary suite w/ dble closets, 3pc ensuite & access to the private sundeck. Cozy lvrm, gas fireplace, adjoining dining area & french doors to deck, High Eff. furnace, 200 amp service & wired for back-up generator. Private landscaped lot offers tons of parking & is surrounded by mature trees. You can have it all: Privacy, room for extended family, great yard, a shop, a quiet neighborhood & Steps to both levels of schools! (id:63159)

Values & Trends

This listing

$618/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 10 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

Mainly Clear

16°C

Mainly Clear

Humidity 78%

Wind S 3 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

4

1/9 categories nearby

Transit

Not enough data yet

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
D.W. Poppy SecondarySecondary711 m
Peterson Road ElementaryElementary1.0 km
Langley Christian School(Independent)K-122.0 km
North Otter ElementaryElementary2.2 km
VanguardSecondary2.3 km
Coghlan Fundamental ElementaryElementary3.6 km
James Hill ElementaryElementary3.6 km
Credo Christian Schools(Independent)K-124.2 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.

Nearby Places

Parks (1)

  • Brown Park554 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($339,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,358,400.00
Periodic payment — Principal & Interest (monthly)$8,763.94
Additional monthly expenses (strata, tax, utilities, etc.)$664.46
Total monthly cost$9,428.40
Interest paid over 5-yr term$389,321.34
Balance at end of term$1,221,885.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$339,600
Stress test qualifying rate8.09%
Payment you must qualify for$10,445.62

Cash Needed at Closing

Minimum down payment$339,600
Estimated BC PTT$31,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,060

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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