5986 232 STREET
Langley, BC V0V0V0
$4,950,000
Property Details
Property & Lot
- Lot size
- 871,200 square feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $8,911.28 (2026)
Interior
- Fireplace
- None
Exterior & Lot
- View
- View
Listing Information
- MLS®
- R3155362
- Listed
- August 14, 2026
- Time on market
- On the market for 17 days
- Tax assessment year
- 2026
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage - Wolstencroft · Data source: CREA DDF.
Description
Create your own Luxury Estate on this exceptional 20 acre property in sought-after Tall Timbers, Salmon River. A long driveway leads to a beautifully prepared building site with stunning North Shore Mountain views. Approximately $1.5M in improvements have been completed, including landscaped grounds, ornamental trees, shrubs, irrigation, grass fields & water features. Plans are in place for an Equestrian Centre. Build from existing plans or bring your own vision! Includes 2 drilled wells & power, all conveniently located near Hwy #1, shopping & restaurants. (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
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
| School | Type | Distance |
|---|---|---|
| D.W. Poppy Secondary | Secondary | 1.9 km |
| Langley Christian School(Independent) | K-12 | 2.7 km |
| Peterson Road Elementary | Elementary | 2.7 km |
| Credo Christian Schools(Independent) | K-12 | 3.3 km |
| North Otter Elementary | Elementary | 3.4 km |
| Langley Fundamental Elementary | Elementary | 3.6 km |
| Langley Secondary | Secondary | 3.7 km |
| James Hill Elementary | Elementary | 3.7 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($990,000) — 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.