Property Type: Detached HouseOwnership: Freehold

27283 29 AVENUE

Langley, BC V4W3J8

$1,040,000

5 bed2 bath5 parking1,983 sqftBuilt 1973
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Amenities

Also listed: Laundry - In Suite

Property Details

Property & Lot

Sub-type
House
Lot size
8,128 square feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,861.51 (2025)

Interior

Basement
Finished, Full
Heating
Forced air
Fireplace
Yes (2)

Parking

Total spaces
5 — covered indicated
Features
Garage, Other

Listing Information

MLS®
R3155396
Listed
August 13, 2026
Time on market
On the market for 18 days
Tax assessment year
2025
Data last synced
August 28, 2026

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

Description

Prime 6-Storey Development Site in Downtown Aldergrove! Unlock massive potential with this 8,128 sq ft lot in the high-growth Core Area. Designated for Medium Density (2.0 FSR) in the Community Plan, this site allows for a 6-storey mid-rise masterpiece. The property features a well-maintained 5-bed, 2-bath home with a cozy backyard deck-perfect for high-yield rental income while you plan your build. Steps from the ACU Community Centre and the new Urban Village, you're at the heart of the Fraser Valley's 2026 transformation. Invest in the future of Aldergrove today! (id:63159)

Values & Trends

This listing

$524/sqft

Building average

No other active listings in this building

Langley average

$852/sqft

553 active listing(s)

Parking: 5 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

6/9 categories nearby

Transit

33

5 stop(s) within 800m

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
Shortreed Community SchoolElementary411 m
Parkside Centennial ElementaryElementary917 m
Aldergrove Community SecondarySecondary957 m
Betty Gilbert MiddleMiddle979 m
Aldergrove Christian Academy(Independent)Elementary2.1 km
Aberdeen ElementaryElementary3.0 km
King Traditional ElementaryElementary4.1 km
Fraser Valley Adventist Academy(Independent)Elementary4.4 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

StopTypeDistance
Westbound 29 Ave @ 272 St212 m
Westbound 28 Ave @ 273 St294 m
Northbound 272 St @ 28 Ave302 m
Westbound 28 Ave @ 27400 Block399 m
Northbound 272 St @ Fraser Hwy408 m

Nearby Places

Restaurants (5+)

  • Cor's 2 For 1 Pizza · 27256 Fraser Highway220 m
  • Unnamed242 m
  • Aldergrove Indian Bistro · 27235 Fraser Highway273 m
  • Brick Alley Bistro415 m
  • TJ's Restaurant432 m

Cafes (2)

  • Aldergrove Cafe666 m
  • Starbucks · 27617 Fraser Highway705 m

Grocery (1)

  • FreshCo575 m

Parks (5+)

  • Aldergrove Rotary Park81 m
  • Creekside Park458 m
  • Unnamed525 m
  • Aldergrove Kinsmen Heritage Park547 m
  • Philip Jackman Park750 m

Gyms (1)

  • Peak Fitness Gym552 m

Pharmacies (1)

  • I.D.A.468 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$832,000.00
Periodic payment — Principal & Interest (monthly)$5,367.78
Additional monthly expenses (strata, tax, utilities, etc.)$420.79
Total monthly cost$5,788.57
Interest paid over 5-yr term$238,453.59
Balance at end of term$748,386.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,389.75

Cash Needed at Closing

Minimum down payment$79,000
Estimated BC PTT$18,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$99,300

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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