23250 FRASER HIGHWAY
Langley, BC V2Z2K7
$2,100,000
Property Details
Property & Lot
- Lot size
- 17,500 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,145 (2026)
Interior
- Fireplace
- None
Listing Information
- MLS®
- R3135618
- Listed
- June 13, 2026
- Time on market
- On the market for 80 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Easy List Realty · Data source: CREA DDF.
Description
For more information click the brochure button. Exceptional 0.4-acre property with approximately 285 feet of Fraser Highway frontage, ideally situated within the approved Fraser Highway Employment Lands. A rare opportunity offering outstanding exposure and strong potential for future redevelopment, land assembly, or long-term holding. Currently zoned RU1, permitting residential buildings and accessory structures. The unique lot configuration allows for minimal setbacks (32' front, 10' sides), maximizing the buildable area with a potential footprint of up to 5,775 sq. ft., or approximately 11,550 sq. ft. over two storeys. (id:63159)
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
—
Not enough data yet
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 | 646 m |
| Peterson Road Elementary | Elementary | 745 m |
| D.W. Poppy Secondary | Secondary | 1.9 km |
| James Hill Elementary | Elementary | 1.9 km |
| Credo Christian Schools(Independent) | K-12 | 2.9 km |
| Vanguard | Secondary | 2.9 km |
| Langley Fundamental Elementary | Elementary | 2.9 km |
| Murrayville Academy(Independent) | Elementary | 3.3 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
| Stop | Type | Distance |
|---|---|---|
| Westbound Fraser Hwy @ 232 St | — | 139 m |
| Eastbound Fraser Hwy @ 232 St | — | 317 m |
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($420,000) — 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.