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$1,024,990

20248 98A AVENUE

Langley · MLS® R3152726

3 bed · 1 bath · 1,100 sq ft · 11,500 sq ft lot · 3 parking

House · Single Family · built 1967 · 65 days on market

Listed by Pablo Paez, Team 3000 Realty Ltd.

Realtor's description

AMAZING investment opportunity in this 3 bedroom/1 bathroom home located in Walnut Grove. Huge lot of 11,500 Sq Ft with a garage in the back of the lot. This home is perfect for real estate investors, developers or first time home buyers. Priced to sell!!

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 1
Living area: 1,100 sq ft
Lot: 11,500 sq ft
Parking: 3
Year built: 1967
Property tax: $4,605 / yr
Days on market: 65
MLS®: R3152726

Price check

2026 assessment: $1,273,200 · asking is -19%
Price per sq ft: $932 vs $568 median for houses in Langley for sale (639)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 65 days · no price changes so far

The market here

Listed now: 50 days; median for 651 houses for sale; this one 65 days

Houses in Langley. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,273,200	$4,605

The listing shows $4,605 a year in property tax.

Estimate: the BC Assessment value times Langley's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$4,850/mo

Mortgage $4,466 · Tax $384

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,466/ monthly

loan $819,992

25-year amortization

down payment20% · $204,99820%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $519,743
property transfer tax: $18,500; BC general rate
cash to close: $223,498; down + PTT
total paid: $1,339,735

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 1,135 m² (12,217 sq ft) · PID 000-649-121. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

LangleyGoogle Maps ↗

Location

LangleyGoogle Maps ↗

Schools

Catchment schools, Langley School District 35

Elementary Dorothy Peacock Elementaryhomes in this catchment
1.6 km away · 20292 91a Ave, Langley · 604-513-8000
Secondary Walnut Grove Secondaryhomes in this catchment
2.3 km away · 8919 Walnut Grove Dr, Langley · 604-882-0220

From the Langley School District 35's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Development nearby

Rezoning
130 m away · 2023 · completed · 9828 203 Street
Amend the Northwest Langley Community Plan and rezone the property from Rural Zone (RU-1) to Residential Zone (R-1A) to facilitate three (3) single family lots. A subdivision application has also been submitted.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: Township of Langley development activity.

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