Property Type: Land / Lot

22019 OLD YALE ROAD

Langley, BC V2Z1M2

$2,198,000

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Property Details

Property & Lot

Lot size
27,443 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$6,617.83 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8079276
Listed
June 2, 2026
Time on market
On the market for 90 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Metro Edge Realty · Data source: CREA DDF.

Description

LAND ASSEMBLY! Developer Alert! Redevelopment potential for 6 units according to Murrayville Community Development Plan. All City Services are just beside the property, Please verify with the city. This wonderful 6 bed 3 bath house was renovated new flooring(2023) New paved front Road(2025. Main floor offers 2 beds for short ten rental with stable income. Open concept kitchen and living room are great for a family to gather. Private & huge backyard with a big patio for entertainment, a gorgeous mature garden producing fruits and vegetables, a detached workshop & storage and lots of room for your cars, RV or boat. Central location, 5 minutes to downtown Murrayville, hospital, top ranking fundamental secondary school.Rare investment value in Langley's most sought-after neighborhood. (id:63159)

Location Insights

Weather

Nearest station: Abbotsford

Mainly Clear

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

26

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
James Hill ElementaryElementary443 m
Langley Fundamental ElementaryElementary868 m
Credo Christian Schools(Independent)K-12983 m
Murrayville Academy(Independent)Elementary1.1 km
Langley Christian School(Independent)K-121.8 km
Langley Fundamental Middle/Secondary SchK-121.9 km
Choices ProgramSecondary2.2 km
Langley SecondarySecondary2.3 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 Old Yale Rd @ 220 St145 m
Eastbound Old Yale Rd @ 220 St150 m
Westbound 46 Ave @ 220 St199 m
Eastbound 46 Ave @ 220 St214 m
Westbound 48 Ave @ 221 St263 m

Nearby Places

Restaurants (3)

  • Hitori Japanese Restaurant · 22259 48 Avenue630 m
  • Ricky's All Day Grill661 m
  • Nikko Sushi739 m

Cafes (1)

  • The Joy of Coffee599 m

Grocery (1)

  • IGA · 22259 48 Avenue547 m

Parks (5+)

  • Denny Ross Memorial Park222 m
  • Murrayville Outdoor Activity Park398 m
  • James Hill Park523 m
  • Murray's Corner Park566 m
  • Murray's Corner Park646 m

Pharmacies (1)

  • Shoppers Drug Mart · 22196 50 Avenue734 m

Banks & ATMs (1)

  • TD · 22259 48 Avenue556 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

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

Net mortgage (loan + CMHC insurance)$1,758,400.00
Periodic payment — Principal & Interest (monthly)$11,344.60
Additional monthly expenses (strata, tax, utilities, etc.)$551.49
Total monthly cost$11,896.09
Interest paid over 5-yr term$503,962.49
Balance at end of term$1,581,686.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$439,600
Stress test qualifying rate8.09%
Payment you must qualify for$13,521.48

Cash Needed at Closing

Minimum down payment$439,600
Estimated BC PTT$43,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,040

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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