23305 OLD YALE ROAD
Langley, BC V2Z2K4
$15,500,000
Property Details
Property & Lot
- Lot size
- 263,102 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $97,416.02 (2025)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8079419
- Listed
- June 8, 2026
- Time on market
- On the market for 84 days
- Tax assessment year
- 2025
- Data last synced
- August 28, 2026
Listing provided by: Marcus & Millichap · Data source: CREA DDF.
Description
Presenting 6.04 acres of future industrial land fronting Fraser Highway in the Township of Langley. The property has a Township-approved Temporary Use Permit (TUP) and is located within the emerging Fraser Highway Employment Lands Plan, now nearing completion. The property is well-configured and functional, suitable for vehicle parking, equipment storage, or other interim industrial uses, and represents a large, strategically positioned parcel with both immediate usability and long-term potential. Situated just east of Murrayville, the site provides access to Highway 10, Highway 13, and Highway 1, connecting efficiently throughout the Fraser Valley. Please inquire for all property details, reports, and data room package. (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 |
|---|---|---|
| Peterson Road Elementary | Elementary | 747 m |
| Langley Christian School(Independent) | K-12 | 1.2 km |
| D.W. Poppy Secondary | Secondary | 1.9 km |
| Vanguard | Secondary | 2.4 km |
| James Hill Elementary | Elementary | 2.4 km |
| Credo Christian Schools(Independent) | K-12 | 3.4 km |
| Langley Fundamental Elementary | Elementary | 3.5 km |
| North Otter Elementary | Elementary | 3.8 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 |
|---|---|---|
| Eastbound Fraser Hwy @ 232 St | — | 249 m |
| Westbound Fraser Hwy @ 232 St | — | 420 m |
School district: Langley (SD35)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($3,100,000) — 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.