Property Type: Other

2475 MT LEHMAN ROAD

Abbotsford, BC V4X2N2

$2,399,900

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Property Details

Property & Lot

Lot size
686,070 square feet

Ownership & Fees

Property type
Other
Annual property tax
$9,183.02 (2025)

Interior

Fireplace
None

Listing Information

MLS®
C8078279
Listed
April 28, 2026
Time on market
On the market for 138 days
Tax assessment year
2025
Data last synced
September 13, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

15.75 ACRES NEAR INDUSTRIAL ON MT LEHMAN! Features a 2,017 SQFT Home with 6 Beds & 2 Baths, ideal for rental income while planning your Estate Home build with Mt Baker views. New Culvert installed and over 10 Acres Fully Cleared for Planting. A great holding opportunity in the rapidly expanding Mt Lehman corridor, surrounded by ongoing development and offering upside potential from the proposed Simpson Road Extension along the south boundary. Located within the ALR, zoned for Agricultural use, and Not in the Floodplains. This high exposure property is just minutes to Abbotsford Airport, Highstreet Mall & Highway 1. Showings by Appointment Only. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Abbotsford average

$587/sqft

13 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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.

Location Insights

Weather

Mostly Cloudy

14°C

Mostly Cloudy

Humidity 82%

Wind N 2 km/h

Tonight

12°

Sunday

21°

Sunday night

12°

Monday

20°

Monday night

11°

Tuesday

19°

Source: Environment and Climate Change Canada.

Population

153,524

(2021 Census)

+8.6% since 2016

Density: 409/km²

Dwellings: 55,659

Median household income: $90,000

After-tax: $81,000

Immigrant population: 28.6%

Top countries of origin (% of total population)

  • India15.5% · 23,835
  • United Kingdom1.5% · 2,315
  • Philippines1.1% · 1,730
  • United States of America0.9% · 1,395
  • Netherlands0.6% · 890
  • Viet Nam0.6% · 880
  • Korea, South0.6% · 845
  • China0.5% · 840

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
St. John Brebeuf Regional Secondary(Independent)Secondary1.5 km
St. James and St. Ann's Elementary(Independent)Elementary1.5 km
Blue Jay ElementaryElementary1.5 km
Ross ElementaryElementary1.8 km
Abbotsford Traditional SchoolK-122.1 km
Dave Kandal ElementaryElementary2.1 km
Eugene Reimer Middle SchoolMiddle2.4 km
Rick Hansen SecondarySecondary2.5 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.

Nearby Places

Shopping (1)

  • Airport Executive Park689 m

Nearby places data: © OpenStreetMap contributors.

School district: Abbotsford (SD34)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($479,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,919,920.00
Periodic payment — Principal & Interest (monthly)$12,386.67
Additional monthly expenses (strata, tax, utilities, etc.)$765.25
Total monthly cost$13,151.92
Interest paid over 5-yr term$550,254.59
Balance at end of term$1,726,974.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$479,980
Stress test qualifying rate8.09%
Payment you must qualify for$14,763.51

Cash Needed at Closing

Minimum down payment$479,980
Estimated BC PTT$49,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$531,477

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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