Property Type: Detached HouseOwnership: Freehold

24954 56 AVENUE

Langley, BC V4W1B1

$1,349,000

2 bed2 bath6 parking1,615 sqftBuilt 1027
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Property Details

Property & Lot

Sub-type
House
Lot size
14,270 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,132.8 (2025)

Interior

Basement
None, Unknown
Heating
Forced air, Natural gas
Fireplace
None

Parking

Total spaces
6 — covered indicated
Features
Detached Garage, Garage, Other

Listing Information

MLS®
R3118122
Listed
May 1, 2026
Time on market
On the market for 122 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Planet Group Realty Inc. · Data source: CREA DDF.

Description

Home on lovely 1/3 Acre (14,270 Square foot) lot in a highly sought after area in Langley. This 2 bedroom home could be renovated or added on to if you need more bedrooms. Close to elementary school and good freeway access. There is also a 24 x 24 foot detached garage / shop with 125 amp service and a smooth concrete floor and long work bench. Also next to the shop an approximately 10 foot by 10 foot potting shed with power and lots of windows. A great space for some quiet time . The back yard is fully fenced with room for an RV and you still have a great grass area for kids to play safely. Come take a look at this totally flat lot with lots of potential. An exceptional opportunity! (id:63159)

Values & Trends

This listing

$835/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 6 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

7

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
North Otter ElementaryElementary478 m
D.W. Poppy SecondarySecondary2.6 km
Coghlan Fundamental ElementaryElementary2.7 km
Fraser Valley Adventist Academy(Independent)Elementary2.8 km
Khalsa School of the Fraser Valley(Independent)Elementary/Middle3.1 km
Peterson Road ElementaryElementary3.6 km
VanguardSecondary3.8 km
Langley Christian School(Independent)K-124.5 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)

  • Steele Park250 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($109,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,079,200.00
Periodic payment — Principal & Interest (monthly)$6,962.63
Additional monthly expenses (strata, tax, utilities, etc.)$425.40
Total monthly cost$7,388.03
Interest paid over 5-yr term$309,301.82
Balance at end of term$970,743.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$109,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,528.25

Cash Needed at Closing

Minimum down payment$109,900
Estimated BC PTT$24,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,380

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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