Property Type: Land / Lot

2355 200 STREET

Langley, BC V2Z1Y5

$2,390,000

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Property Details

Property & Lot

Lot size
25,266 square feet

Ownership & Fees

Property type
Land / Lot
Annual property tax
$6,700 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8073741
Listed
November 12, 2025
Time on market
On the market for 293 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Commercial Advantage · Data source: CREA DDF.

Description

Designated Rowhouse/Townhouse in the Brookswood-Fernridge Community Plan and confirmed within the Fernridge Neighbourhood Plan (Bylaw 6009, 2024). Situated at the southwest gateway to the future Fernridge Town Centre (200 St & 24 Ave), this property offers excellent long-term redevelopment potential for attached housing or mixed-use transition. Municipal water and sewer services are planned for future extension along 200 Street. Until then, the property provides strong holding income from two rented dwellings. Strategic location near proposed Commercial Village, community hall, and manufactured-home park makes this an ideal assembly or investment property. (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

11

1/9 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
Glenwood ElementaryElementary1.6 km
St Catherines School(Independent)Elementary1.7 km
Noel Booth ElementaryElementary2.3 km
Belmont ElementaryElementary3.3 km
Brookswood SecondarySecondary3.3 km
East Kensington ElementaryElementary3.3 km
Alice Brown ElementaryElementary4.2 km
Langley Fundamental Middle/Secondary SchK-124.4 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
Southbound 200 St @ 24 Ave97 m
Northbound 200 St @ 24 Ave171 m
Northbound 200 St @ 22 Ave317 m
Southbound 198 St @ 24 Ave398 m
Northbound 200 St @ 20 Ave713 m

Nearby Places

Grocery (1)

  • IGA · 2410 200 Street123 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($478,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,912,000.00
Periodic payment — Principal & Interest (monthly)$12,335.58
Additional monthly expenses (strata, tax, utilities, etc.)$558.33
Total monthly cost$12,893.91
Interest paid over 5-yr term$547,984.70
Balance at end of term$1,719,850.18

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$478,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,702.61

Cash Needed at Closing

Minimum down payment$478,000
Estimated BC PTT$49,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$529,200

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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