7538 240 STREET
Langley, BC V1M3P8
$2,198,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 217,800 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,387.85 (2025)
Interior
- Basement
- Finished, Full, Separate entrance
- Heating
- Forced air, Natural gas
- Fireplace
- Yes (1)
Parking
- Total spaces
- 8 — covered indicated
- Features
- Garage, RV
Listing Information
- MLS®
- R3144631
- Listed
- July 10, 2026
- Time on market
- On the market for 52 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Treeland Realty · Data source: CREA DDF.
Description
Opportunity abounds! 5-acre property only minutes from Hwy #1, Thunderbird Show Park, berry farms & farm stores, & Fort Langley w/ its shops, cafes, Fine Arts School, & walking/cycling trails. 2-storey w/ basement home offers a main floor w/ living room w/ cozy wood-burning stove, family room, & kitchen open to the family-sized eating area w/ access to south-facing patio. Upper floor boasts a primary bedroom w/ 3-pc ensuite, 2 add'l bedrooms, & 4-pc bath. Basement w/ rec room, flex area, & unfinished areas awaiting your ideas! Ideal set-up for families to enjoy the outdoors by raising animals and/or planting vegetable & berry gardens! In the past, this property ran as a hobby farm w/ a horse, sheep, cows, rabbits, ducks, cider-producing orchard, & gardens. 30x27 shop/barn & 16x12 shed. (id:63159)
Values & Trends
This listing
$680/sqft
Building average
—
No other active listings in this building
Langley average
$852/sqft
553 active listing(s)
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
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Abbotsford
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
| School | Type | Distance |
|---|---|---|
| Fort Langley Elementary | Elementary | 3.3 km |
| Langley Fine Arts School | K-12 | 3.9 km |
| The King's School(Independent) | K-12 | 4.4 km |
| North Otter Elementary | Elementary | 4.7 km |
| D.W. Poppy Secondary | Secondary | 5.0 km |
| Albion Elementary | Elementary | 5.1 km |
| Khalsa School of the Fraser Valley(Independent) | Elementary/Middle | 5.3 km |
| des Voyageurs | Elementary | 5.4 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
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (1)
- Linton Harris Park647 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($439,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.