1 / 40

$7,888,800

21113 16 AVENUE

Langley · MLS® C8075809

207,781 sq ft lot

Land · Agriculture · 247 days on market

Listed by Gitika Chawla, eXp Realty of Canada Inc.

Realtor's description

Festina Lente Winery is a PROFITABLE, TURNKEY MEAD WINERY & EVENTS BUSINESS located in highly sought-after Campbell Valley agri-tourism corridor. Est. in 2016, this mead wine producer operates in a resilient niche w/~84% GROSS MARGINS ON WINE & reduced exposure to grape shortages, climate volatility & traditional market saturation. Revenue diversified across HIGH-MARGIN WINE SALES, weddings, private events & tastings. Operation is fully staffed w/proven systems, disciplined growth & strong brand recognition. RECTANGULAR -5 ACRES w/ZONING FLEXIBILITY, parking & NOT IN A FLOOD PLAN. NO EASEMENT or RIGHT OF WAYS. Property includes 4 bed/ 4 bath~4,500 sqft home with large living spaces and master w/ensuite- a rare LIVE-IN BUSINESS OPPORTUNITY!

Property details

Type: Land, Agriculture
Lot: 207,781 sq ft
Parking: 0
Property tax: $1,746 / yr
Days on market: 247
MLS®: C8075809

Property insights

On market 247 days

The market here

Listed now: 113 days; median for 60 homes for sale; this one 247 days

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

Monthly cost

$34,516/mo

Mortgage $34,371 · Tax $146

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

estimated payment

$34,371/ monthly

loan $6,311,040

25-year amortization

down payment20% · $1,577,76020%+ 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: $4,000,184
property transfer tax: $312,440; BC general rate
cash to close: $1,890,200; down + PTT
total paid: $10,311,224

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: 19,276 m² (207,485 sq ft) · PID 006-877-486. 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 Glenwood Elementaryhomes in this catchment
1.7 km away · 20785 24 Ave, Langley · 604-534-4644
Secondary Brookswood Secondaryhomes in this catchment
4.3 km away · 20902 37a Ave, Langley · 604-530-2141

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.

Good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

Keep private notes and ratings on homes you're considering. Sign in (email only) and they follow you to every device.