Property Type: Detached HouseOwnership: Freehold

24985 32 AVENUE

Langley, BC V4W2A1

$2,999,900

3 bed2 bath30 parking2,584 sqftBuilt 1970
Get Directions

Amenities

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

Property Details

Property & Lot

Sub-type
House
Lot size
422,532 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,841.37 (2025)

Interior

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

Parking

Total spaces
30 — covered indicated
Features
Garage, Open, RV

Listing Information

MLS®
R3119097
Listed
May 5, 2026
Time on market
On the market for 118 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Homelife Advantage Realty Ltd. · Data source: CREA DDF.

Description

Sitting in desirable Otter District of South Langley find this nearly 10 acre flat parcel. Need a shop? Here it is! With two out buildings totaling over 6400sqft your shop needs are met. The focal point is the 5028 shop with 400amp 1 phase power. Lots of entry points including double front door, two rollups on side and barndoor on back. The main part has 14' ceilings and is over 50x39, middle with over 31x21 office area and back area with over 45x30. This shop has four offices, open area and small kitchen. Well maintained home with several updates including all new appliances in 2025, new gas FP in 2023, new heat pump in 2022 and more. Home features large patio and deck area overlooking back of property - private and peaceful! Two gated driveways: one to home and 2nd to shop! (id:63159)

Values & Trends

This listing

$1,161/sqft

Building average

No other active listings in this building

Langley average

$851/sqft

553 active listing(s)

Parking: 30 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
VanguardSecondary1.6 km
Aldergrove Christian Academy(Independent)Elementary2.8 km
Coghlan Fundamental ElementaryElementary2.8 km
Wix-Brown ElementaryElementary2.8 km
Fraser Valley Adventist Academy(Independent)Elementary3.8 km
Aldergrove Community SecondarySecondary3.8 km
Betty Gilbert MiddleMiddle4.0 km
Peterson Road ElementaryElementary4.2 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% ($599,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,920.00
Periodic payment — Principal & Interest (monthly)$15,483.47
Additional monthly expenses (strata, tax, utilities, etc.)$699.11
Total monthly cost$16,182.58
Interest paid over 5-yr term$687,823.97
Balance at end of term$2,158,735.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$599,980
Stress test qualifying rate8.09%
Payment you must qualify for$18,454.54

Cash Needed at Closing

Minimum down payment$599,980
Estimated BC PTT$67,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,477

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