$3,300,000

23591 FRASER HIGHWAY

Langley BC V2Z 2K6 - Salmon River

About This Property

INVESTORS/DEVELOPERS ALERT!!! Prime investment opportunity! 10.15 Acre Lot on Fraser Highway! Direct highway road frontage! Located within the Township of Langley's Fraser Highway Employment Land Area Plan. Huge potential for future development! Neighboring parcels have already been rezoned for industrial and commercial use.

Property Details

MLS NumberR3103575
Lot Size442,134 sqft
Days on Market180
StatusActive
Listed ByRoyal Pacific Realty Corp.

School Catchment

Elementary Peterson Road
Secondary D.W. Poppy

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,600,000Median home value
$128,000Median household income
89.6%Owner-occupied
87.3%Single-detached homes
3Avg household size
48.4Median age
26.5%Bachelor's degree or higher (25-64)
58.4%Commute under 30 min
95.2%Drive to work
13.1%Foreign-born residents
5,973Neighbourhood population

Age

Under 15: 14.6%15 to 64: 63%65 and over: 22.4%
  • Under 1514.6%
  • 15 to 6463%
  • 65 and over22.4%

Household size

  • 1 person15.7%
  • 236.1%
  • 316.4%
  • 416.2%
  • 5 or more15.7%

Language spoken at home

85.8% English mother tongue

  • Punjabi2.3%
  • German2%
  • Dutch1.2%
  • Mandarin1%
  • English + other1%
  • Korean0.9%
  • All others5.8%

Mother tongue, share of 5,935 residents.

How this pocket differs

  • Median household income is higher than Metro Vancouver $128,000 vs $90,000
  • Median dwelling value is notably higher than Metro Vancouver $1,600,000 vs $1,050,000

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

ZoningRU-1Bylaw (PDF) ↗
Lot size446,070 sqft
Lot dimensions257 × 1035 ft
Lot shapeIrregular
Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $16,576
Mortgage payment$15,415
Property tax$832
Home insurance$330
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 17

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