34491 LOUGHEED HIGHWAY
Mission, BC V2V6N7
$2,999,999
Property Details
Property & Lot
- Lot size
- 104,108.4 square feet
Ownership & Fees
- Property type
- Land / Lot
- Annual property tax
- $71,746.7 (2026)
Interior
- Fireplace
- None
Listing Information
- MLS®
- C8081086
- Listed
- August 7, 2026
- Time on market
- On the market for 24 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Treeland Realty · Data source: CREA DDF.
Description
Attention Investors & Developers!!! Check out 34491 Lougheed Highway; a high exposure development opportunity located in beautiful Mission, BC. This is one of the few commercial development sites currently in Mission. Its location offers easy access for both east and westbound traffic on the Lougheed Highway and the Hatzic Bench. CTR - Commercial Tourist Zoning currently exists due to a longstanding motel that was operating for many years, which recently burnt down. Contact the City of Mission and inquire about rezoning to CH-1 which would provide a wide range of uses. Endless potential!!! (id:63159)
Location Insights
Weather
Nearest station: Abbotsford
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
41,519
(2021 Census)
+7.7% since 2016
Density: 182.9/km²
Dwellings: 14,701
Median household income: $98,000
After-tax: $87,000
Immigrant population: 16.9%
Top countries of origin (% of total population)
- India5.2% · 2,160
- United Kingdom2.3% · 975
- United States of America0.8% · 330
- Philippines0.8% · 330
- Germany0.6% · 265
- Netherlands0.4% · 175
- Viet Nam0.4% · 160
- China0.3% · 145
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Hatzic Middle School | Middle | 1.0 km |
| Seminary of Christ the King(Independent) | Secondary | 1.3 km |
| Hatzic Elementary | Elementary | 1.5 km |
| Ecole Heritage Park Middle School | Middle | 1.7 km |
| des Deux-Rives | Elementary/Middle | 1.8 km |
| Windebank Elementary | Elementary | 1.9 km |
| Hillside Traditional Academy | Elementary | 2.0 km |
| Edwin S Richards Elementary | Elementary | 2.5 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.
School district: Mission (SD75)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.