Property Type: Land / LotOwnership: Freehold

2741 204 STREET

Langley, BC V2Z2B8

$5,900,000

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Property Details

Property & Lot

Lot size
2.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$18,857.61

Interior

Fireplace
None

Listing Information

MLS®
R3149622
Listed
July 24, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: Saba Realty Ltd. · Data source: CREA DDF.

Description

Exceptional development opportunity in the highly sought-after Fernridge neighbourhood of Brookswood-Langley. This 2.324 acre property offers the potential for an 11 lot single family subdivision (buyer to verify all development potential with the Township of Langley). Ideally located in a rapidly growing area surrounded by newer residential developemtns with convenient access to Highway 1, Highway 99, schools, parks, shopping and amenities. A rare chance for builders, developers and investors to secure a premium development site in one of Langley's fastest growing communities. Will sell with P.L.A. (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

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

SchoolTypeDistance
St Catherines School(Independent)Elementary898 m
Glenwood ElementaryElementary1.1 km
Noel Booth ElementaryElementary1.5 km
Brookswood SecondarySecondary2.3 km
Belmont ElementaryElementary2.5 km
Langley Fundamental Middle/Secondary SchK-123.4 km
Alice Brown ElementaryElementary3.5 km
Uplands ElementaryElementary3.6 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
Northbound 200 St @ 28 Ave712 m
Westbound 28 Ave @ 200 St754 m

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,180,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,720,000.00
Periodic payment — Principal & Interest (monthly)$30,451.84
Additional monthly expenses (strata, tax, utilities, etc.)$1,571.47
Total monthly cost$32,023.31
Interest paid over 5-yr term$1,352,765.57
Balance at end of term$4,245,655.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,180,000
Stress test qualifying rate8.09%
Payment you must qualify for$36,295.15

Cash Needed at Closing

Minimum down payment$1,180,000
Estimated BC PTT$213,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,394,500

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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