23038 FRASER HIGHWAY
Langley, BC V2Z2V1
$2,799,900
Amenities
Also listed: Storage - Locker, Laundry - In Suite
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 50,719.55 square feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,919.61 (2026)
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas, Hot Water
- Fireplace
- None
Parking
- Total spaces
- 8 — covered indicated
- Features
- Detached Garage, Garage, RV
Listing Information
- MLS®
- R3157485
- Listed
- August 24, 2026
- Time on market
- On the market for 7 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.
Description
Prime 1.17-acre RU-1 zoned property along high-visibility Fraser Hwy, outside the ALR and connected to city sewer. This versatile property presents an exceptional opportunity for investors, business owners and owner-users, with potential for daycare, nursery, veterinary clinic and other permitted uses. The property features a substantial 52'x40' insulated workshop equipped with 70-amp service and two 14' overhead doors, ideal for a variety of operational, storage or business needs. A second 30'x23' workshop with its own bathroom provides additional functional space and flexibility. Surrounded by a mix of residential, commercial and light industrial properties, this strategic location offers excellent exposure, accessibility and long-term potential. The charming main residence further enhances the property with options for office space, staff accommodation, owner occupancy or rental income. A rare opportunity combining land, infrastructure, multiple buildings and excellent Fraser Hwy visibility. (id:63159)
Values & Trends
This listing
$1,025/sqft
Building average
—
No other active listings in this building
Langley average
$851/sqft
553 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Detached (House) Market Stats — Langley
Monthly figures from the Fraser Valley Real Estate Board for Langley detached (house)listings — not specific to this property.
MLS® HPI Benchmark Price
$1,500,900
Jul 2026
Average Sale Price
$1,404,904
Jul 2026
Monthly Sales
79
Jul 2026
Active Listings
439
Jul 2026
Sales-to-Active Ratio
18.0%
Jul 2026
Median Days to Contract
22 days
Jul 2026
MLS® HPI Benchmark Price
Source: Fraser Valley Real Estate Board (FVREB).
Location Insights
Weather
Nearest station: Abbotsford
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
4
1/9 categories nearby
Transit
13
2 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
| School | Type | Distance |
|---|---|---|
| Langley Christian School(Independent) | K-12 | 532 m |
| Peterson Road Elementary | Elementary | 924 m |
| James Hill Elementary | Elementary | 1.7 km |
| D.W. Poppy Secondary | Secondary | 2.0 km |
| Credo Christian Schools(Independent) | K-12 | 2.7 km |
| Langley Fundamental Elementary | Elementary | 2.7 km |
| Vanguard | Secondary | 3.1 km |
| Murrayville Academy(Independent) | Elementary | 3.1 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
| Stop | Type | Distance |
|---|---|---|
| Westbound Fraser Hwy @ 232 St | — | 335 m |
| Eastbound Fraser Hwy @ 232 St | — | 505 m |
Nearby Places
Grocery (1)
- Ralph's Farm Market · 22728 Fraser Highway782 m
Nearby places data: © OpenStreetMap contributors.
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($559,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.