Property Type: Detached HouseOwnership: Freehold

24400 56 AVENUE

Langley, BC V2Z1E9

$1,549,000

5 bed3 bath15 parking3,174 sqftBuilt 1985
Get Directions

Amenities

Also listed: Storage - Locker, Whirlpool

Property Details

Property & Lot

Sub-type
House
Lot size
239,144.4 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,309.66 (2026)

Interior

Basement
Finished, Full
Heating
Electric
Fireplace
Yes (1)

Exterior & Lot

View
River view, Ravine view

Parking

Total spaces
15 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3152354
Listed
August 5, 2026
Time on market
On the market for 26 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Discover the PERFECT blend of PRIVACY & COUNTRY living on this BEAUTIFULLY maintained 5.49-ACRE property in the heart of sought-after SALMON RIVER! Stroll PICTURESQUE pathways, relax by the TRANQUIL pond, and enjoy a cozy 5-BDRM, 3-BATH home with over 3,100sqft of space featuring a durable METAL roof, large DOUBLE GARAGE, & abundant PARKING for CARS, RVs & TOYS! PRIDE of ownership is evident with UPDATES: 227ft DRILLED WELL w/ newer well pump & UV FILTRATION, SEPTIC PUMP replaced, septic serviced in 2025, FRESH PAINT throughout the main living areas (2023), NEWER dishwasher, fridge, and washer. Ideally located just MINUTES to North Otter ELEMENTARY, Otter Trail WINERY, Highway #1, the US/Canada Border Crossing, WILLOWBROOK Shopping District, popular EATERIES, and more! PRICED TO SELL! (id:63159)

Values & Trends

This listing

$488/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 15 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

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.

Nearby Schools

SchoolTypeDistance
North Otter ElementaryElementary1.1 km
D.W. Poppy SecondarySecondary1.5 km
Peterson Road ElementaryElementary2.7 km
Langley Christian School(Independent)K-123.4 km
Coghlan Fundamental ElementaryElementary3.5 km
VanguardSecondary3.6 km
Fraser Valley Adventist Academy(Independent)Elementary3.8 km
Khalsa School of the Fraser Valley(Independent)Elementary/Middle4.3 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% ($309,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,239,200.00
Periodic payment — Principal & Interest (monthly)$7,994.90
Additional monthly expenses (strata, tax, utilities, etc.)$768.14
Total monthly cost$8,763.04
Interest paid over 5-yr term$355,158.28
Balance at end of term$1,114,664.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$309,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,529.01

Cash Needed at Closing

Minimum down payment$309,800
Estimated BC PTT$28,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$340,280

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.

Request more information