Property Type: Land / LotOwnership: Freehold

42449 HIGHLAND DRIVE, Majuba Hill

Yarrow, BC V2R5H2

$1,389,000

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Property Details

Property & Lot

Lot size
117,176.4 square feet
Frontage
147 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,771.99 (2025)

Interior

Fireplace
None

Exterior & Lot

View
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Listing Information

MLS®
R3157548
Listed
August 21, 2026
Time on market
On the market for 10 days
Tax assessment year
2025
Data last synced
August 28, 2026

Listing provided by: RE/MAX Nyda Realty Inc. · Data source: CREA DDF.

Description

Rare Mountain-View Acreage Backing Crown Land. Ready to build your dream home? This gentle upslope 2.69-acre estate sits on an exclusive cul-de-sac of high-end homes. Incredible valley views and privacy hedging, this serene property backs directly onto Crown land. Enjoy backyard access to miles of horse, ATV, motorbike, hiking, and mountain biking trails. Exceptional equestrian setup include a riding ring, fencing, and two 2-stall barns and paddocks (can be easily removed if desired). Close to the Yarrow Community Center, churches, dining, recreation, world class fishing at Vedder River & so much more. If rural living appeals to you w/ close access to all amenities, this is your opportunity to build your dream home in a quiet neighbourhood. You can even add a coach home, if desired. * PREC - Personal Real Estate Corporation (id:63159)

Location Insights

Weather

Nearest station: Chilliwack

16°C

Humidity 88%

Wind ENE 2 km/h

Tonight

13°

Tuesday

21°

Tuesday night

13°

Wednesday

20°

Wednesday night

11°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
John Calvin School(Independent)Elementary/Middle1.6 km
Yarrow Community SchoolElementary2.0 km
Barrowtown ElementaryElementary4.6 km
Cultus Lake Swílhcha Community SchoolElementary5.6 km
Unsworth ElementaryElementary5.6 km
Greendale ElementaryElementary5.9 km
La VerendryeElementary/Middle6.9 km
Mount Slesse Middle SchoolElementary7.1 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: Chilliwack (SD33)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($113,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,111,200.00
Periodic payment — Principal & Interest (monthly)$7,169.09
Additional monthly expenses (strata, tax, utilities, etc.)$397.67
Total monthly cost$7,566.75
Interest paid over 5-yr term$318,473.11
Balance at end of term$999,527.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$113,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,805.07

Cash Needed at Closing

Minimum down payment$113,900
Estimated BC PTT$25,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,180

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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