Property Type: Land / LotOwnership: Freehold

3091 248 STREET

Langley, BC V4W1X3

$3,799,000

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Property Details

Property & Lot

Lot size
29 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,294.79 (2024)

Interior

Fireplace
None

Exterior & Lot

View
View

Listing Information

MLS®
R3147527
Listed
July 17, 2026
Time on market
On the market for 45 days
Tax assessment year
2024
Data last synced
August 28, 2026

Listing provided by: Sutton Group-West Coast Realty (Surrey/24) · Data source: CREA DDF.

Description

Once in a lifetime opportunity to own this absolutely gorgeous 29 Acre property with 2 road frontages. This exceptional property is the perfect location for your dream country estate or for various types of farming. Easy access to Highway #1 and could be used as hobby farm or to grow various types of crops, fruits and vegetables. This is a rare opportunity and a great location to build your dream home! Call now for more info (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
VanguardSecondary1.6 km
Wix-Brown ElementaryElementary1.9 km
Aldergrove Christian Academy(Independent)Elementary3.5 km
Coghlan Fundamental ElementaryElementary3.6 km
Peterson Road ElementaryElementary3.9 km
D.W. Poppy SecondarySecondary4.5 km
Fraser Valley Adventist Academy(Independent)Elementary4.6 km
Aldergrove Community SecondarySecondary4.6 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

No TransLink stops within an ~10-minute walk.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($759,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,039,200.00
Periodic payment — Principal & Interest (monthly)$19,607.89
Additional monthly expenses (strata, tax, utilities, etc.)$107.90
Total monthly cost$19,715.79
Interest paid over 5-yr term$871,043.46
Balance at end of term$2,733,770.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$759,800
Stress test qualifying rate8.09%
Payment you must qualify for$23,370.38

Cash Needed at Closing

Minimum down payment$759,800
Estimated BC PTT$107,950
Legal / closing costs (typical estimate)$1,500
Total cash needed$869,250

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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