Property Type: Land / LotOwnership: Freehold

26164 16 AVENUE

Langley, BC V4W2S1

$2,300,000

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Property Details

Property & Lot

Lot size
19.75 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,262.55 (2025)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3113714
Listed
April 23, 2026
Time on market
On the market for 130 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: eXp Realty of Canada, Inc. · Data source: CREA DDF.

Description

19.75 ACRES OF LAND IN LANGLEY. Flat land with fertile soil for various crops, such as fruits and vegetables. Great home building site at the back of the property with Mountain and Valley views. Zoning allows for a main home, a second home, shops/buildings, and 3 commercial vehicles. Great for any Agri-business with high traffic and exposure on 16 Avenue. Easy access to 264 Street, Fraser Highway, Highway #1, and the USA Border. (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.

Nearby Schools

SchoolTypeDistance
Aldergrove Christian Academy(Independent)Elementary2.7 km
Betty Gilbert MiddleMiddle2.9 km
Aldergrove Community SecondarySecondary3.0 km
Shortreed Community SchoolElementary3.5 km
Parkside Centennial ElementaryElementary4.1 km
Wix-Brown ElementaryElementary5.0 km
King Traditional ElementaryElementary5.2 km
VanguardSecondary5.9 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.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($460,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,840,000.00
Periodic payment — Principal & Interest (monthly)$11,871.06
Additional monthly expenses (strata, tax, utilities, etc.)$105.21
Total monthly cost$11,976.27
Interest paid over 5-yr term$527,349.29
Balance at end of term$1,655,085.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$460,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,148.96

Cash Needed at Closing

Minimum down payment$460,000
Estimated BC PTT$47,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$508,500

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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