1 / 40 photos

+36 more

$1,248,800

23745 40 AVENUE

Langley BC V2Z 2J9 - Campbell Valley

3 bd

1 ba

1,154 sqft

Built 1969

About This Property

Opportunity Is Knocking. Rare 0.312-acre RU1-zoned property located OUTSIDE the ALR, unlocking exceptional development and holding potential. Strategically positioned for a smart investor, the current zoning framework allows for 2 detached dwellings with the possibility of a low-cost strata conversion (Buyer should check the potential with the Township of…

Features

No Outdoor Area

Garage Single

Front Access

Gravel

Room measurements9 rooms▸

Living RoomMain · 12'9 × 17'4

KitchenMain · 9'11 × 10'8

Eating AreaMain · 7'11 × 10'8

Primary BedroomMain · 12'10 × 12'10

BedroomMain · 8'11 × 12'11

BedroomMain · 9'4 × 10'8

LaundryMain · 5'2 × 8'4

FoyerMain · 5'3 × 6'

SolariumMain · 5'9 × 22'4

Property Details

MLS NumberR3177317

Property TypeSingle Family Residence

Bedrooms3

Bathrooms1

Square Feet1,154

Lot Size13,611.76 sqft

Year Built1969

Parking Spaces3

HeatingForced Air, Natural Gas

Days on Market8

StatusActive

Listed ByCentury 21 Coastal Realty Ltd.

School Catchment

Elementary Wix Brown

Secondary D.W. Poppy

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.

$1,600,000Median home value

$103,000Median household income

75.5%Owner-occupied

70.4%Single-detached homes

2.8Avg household size

48Median age

16.3%Bachelor's degree or higher (25-64)

54.3%Commute under 30 min

90.7%Drive to work

18.3%Foreign-born residents

6,331Neighbourhood population

Age

Under 1514.8%
15 to 6462.3%
65 and over23%

Household size

1 person23.1%
235.3%
313.3%
412%
5 or more16.3%

Language spoken at home

82.6% English mother tongue

Punjabi6.1%
German1.7%
Vietnamese1.2%
English + other1.1%
French0.8%
Dutch0.8%
All others5.7%

Mother tongue, share of 6,330 residents.

How this pocket differs

more seniors 65+ than Langley 23% vs 18%
more 5+ person households than Langley 16.3% vs 11.2%
fewer 4-person households than Langley 12% vs 16.3%
notably more Punjabi speakers than Langley 6.1% vs 2.9%
Median dwelling value is notably higher than Metro Vancouver $1,600,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

ZoningRU-1Bylaw (PDF) ↗

Lot size12,786 sqft

Lot dimensions100 × 164 ft

Lot shapeIrregular

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.