Property Type: Land / LotOwnership: Freehold

LOT 1 26744 32 AVENUE

Langley, BC V4W3E3

$614,000

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Property Details

Property & Lot

Lot size
5,999.8 square feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
R3134803
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

Listing provided by: Maple Supreme Realty Inc. · Data source: CREA DDF.

Description

SELLER FINANCING (VTB) AVAILABLE! Exceptional development opportunity in the heart of Aldergrove. This strategically located lot is zoned for small-scale multi-family development, offering excellent potential for builders, investors and developers. Build a duplex with legal suites or explore fourplex potential, subject to municipal approvals. MAJOR DEVELOPMENT COSTS ALREADY PAID: DCCs, CACs and ACCs have been paid, significantly reducing upfront costs and helping streamline the development process. The lots are ready to move forward with servicing and permitting. Ideally located near schools, parks, shopping, restaurants, recreation, transit and major transportation routes. Buyers are advised the Township of Langley requires a non-cash Letter of Credit of approximately $438,000 for servicing all three lots. A rare opportunity to acquire a builder-ready site with substantial costs and preliminary work already completed. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

5/9 categories nearby

Transit

33

5 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
Parkside Centennial ElementaryElementary678 m
Aldergrove Community SecondarySecondary724 m
Betty Gilbert MiddleMiddle962 m
Aldergrove Christian Academy(Independent)Elementary1.2 km
Shortreed Community SchoolElementary1.5 km
Coghlan Fundamental ElementaryElementary3.3 km
Fraser Valley Adventist Academy(Independent)Elementary3.4 km
Aberdeen ElementaryElementary4.1 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

StopTypeDistance
Eastbound Fraser Hwy @ 268 St259 m
Westbound 29 Ave @ 268A St523 m
Westbound 29 Ave @ 266B St548 m
Eastbound Fraser Hwy @ 264 St588 m
Eastbound Fraser Hwy @ 270 St589 m

Nearby Places

Restaurants (4)

  • Pizza Hut657 m
  • White Spot665 m
  • Tomo Sushi · 26391 Fraser Highway697 m
  • Bob's Bar n' Grill728 m

Cafes (2)

  • Tim Hortons · 26431 Fraser Highway612 m
  • Tim Hortons711 m

Parks (5+)

  • Vannetta Park150 m
  • Unnamed179 m
  • Unnamed299 m
  • Unnamed408 m
  • South Aldergrove Park692 m

Shopping (1)

  • Aldergrove Corners · 26426 Fraser Highway635 m

Pharmacies (2)

  • Shoppers Drug Mart · 26310 Fraser Highway737 m
  • I.D.A.764 m

Nearby places data: © OpenStreetMap contributors.

School district: Langley (SD35)

Mortgage & Ownership Cost Calculator

Minimum required: 5.9% ($36,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$491,200.00
Periodic payment — Principal & Interest (monthly)$3,169.06
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,169.06
Interest paid over 5-yr term$140,779.33
Balance at end of term$441,835.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,400
Stress test qualifying rate8.09%
Payment you must qualify for$4,441.54

Cash Needed at Closing

Minimum down payment$36,400
Estimated BC PTT$10,280
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,180

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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