Property Type: Condo / ApartmentOwnership: Strata

4615 232 STREET

Langley, BC V2Z2S1

$9,000,000

3 bed2 bath4 parking2,994 sqftBuilt 1988
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Property Details

Property & Lot

Sub-type
House
Lot size
182,952 square feet

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$8,669.62 (2026)

Interior

Basement
Finished, Crawl space
Heating
Radiant heat, Natural gas
Fireplace
Yes (2)

Parking

Total spaces
4 — covered indicated
Features
Garage, RV

Listing Information

MLS®
R3157457
Listed
August 21, 2026
Time on market
On the market for 11 days
Tax assessment year
2026
Data last synced
August 28, 2026

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

Description

Welcome to 4615 232 Street, a rare 4.2-acre property in Fraser Highway Employment Land Plans For Low Impact Industrial, out of ALR, offering two move-in-ready homes and exciting future potential. The main house has 4 bedrooms, 3.5 bathrooms, a dedicated office, and a self-contained suite, providing excellent flexibility for extended family or rental income and the second  residence - a custom built 2,806 sq. ft.  home featuring 3 bedrooms, 2 bathrooms, soaring ceilings, hardwood floors, and bright, spacious living areas. Set in a peaceful setting with a greenhouse, fruit trees, and ample usable space, this unique property combines comfortable acreage living with significant future potential  for light Industrial. (id:63159)

Values & Trends

This listing

$3,006/sqft

Building average

No other active listings in this building

Langley average

$629/sqft

423 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Apartment Market Stats — Langley

Monthly figures from the Fraser Valley Real Estate Board for Langley apartmentlistings — not specific to this property.

MLS® HPI Benchmark Price

$534,200

Jul 2026

Average Sale Price

$529,788

Jul 2026

Monthly Sales

64

Jul 2026

Active Listings

409

Jul 2026

Sales-to-Active Ratio

16.0%

Jul 2026

Median Days to Contract

27 days

Jul 2026

MLS® HPI Benchmark Price

$639,200
$505,700
Aug '21Aug '22Aug '23Aug '24Aug '25Jul '26

Source: Fraser Valley Real Estate Board (FVREB).

Location Insights

Weather

Nearest station: Abbotsford

Clear

14°C

Clear

Humidity 87%

Wind S calm 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
Langley Christian School(Independent)K-12536 m
Peterson Road ElementaryElementary553 m
D.W. Poppy SecondarySecondary1.6 km
James Hill ElementaryElementary2.1 km
Credo Christian Schools(Independent)K-122.8 km
Langley Fundamental ElementaryElementary2.9 km
VanguardSecondary3.0 km
Murrayville Academy(Independent)Elementary3.4 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
Westbound Fraser Hwy @ 232 St419 m
Eastbound Fraser Hwy @ 232 St546 m

School district: Langley (SD35)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,800,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$7,200,000.00
Periodic payment — Principal & Interest (monthly)$46,451.96
Additional monthly expenses (strata, tax, utilities, etc.)$872.47
Total monthly cost$47,324.43
Interest paid over 5-yr term$2,063,540.70
Balance at end of term$6,476,423.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,800,000
Stress test qualifying rate8.09%
Payment you must qualify for$55,365.48

Cash Needed at Closing

Minimum down payment$1,800,000
Estimated BC PTT$368,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,169,500

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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