Property Type: Land / LotOwnership: Freehold

2288 206 STREET

Langley, BC V2Z2A4

$3,456,888

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Property Details

Property & Lot

Lot size
3 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$150 (2025)

Interior

Fireplace
None

Listing Information

MLS®
R3129918
Listed
May 30, 2026
Time on market
On the market for 94 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Universe Realty · Data source: CREA DDF.

Description

3 acres of flat future development land; in Brookswood/Langley. No creeks, no easements. Double road exposure at the southeast corner of 24 Avenue and 206 Street for easy developments. Invest today for big returns upon development. (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.

Nearby Schools

SchoolTypeDistance
Glenwood ElementaryElementary450 m
St Catherines School(Independent)Elementary1.9 km
Noel Booth ElementaryElementary2.5 km
Brookswood SecondarySecondary3.0 km
Belmont ElementaryElementary3.4 km
Langley Fundamental Middle/Secondary SchK-124.0 km
Uplands ElementaryElementary4.4 km
Alice Brown ElementaryElementary4.5 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.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($691,378) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,765,510.00
Periodic payment — Principal & Interest (monthly)$17,842.13
Additional monthly expenses (strata, tax, utilities, etc.)$12.50
Total monthly cost$17,854.63
Interest paid over 5-yr term$792,603.12
Balance at end of term$2,487,585.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$691,378
Stress test qualifying rate8.09%
Payment you must qualify for$21,265.81

Cash Needed at Closing

Minimum down payment$691,378
Estimated BC PTT$90,844
Legal / closing costs (typical estimate)$1,500
Total cash needed$783,722

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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