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$2,799,900

23038 FRASER HIGHWAY

Langley · MLS® R3157485

3 bed · 2 bath · 2,732 sq ft · 50,720 sq ft lot · 8 parking

House · Single Family · built 1946 · 46 days on market

Listed by Anh T. Son, Stonehaus Realty Corp.

Realtor's description

Prime 1.17-acre RU-1 zoned property along high-visibility Fraser Hwy, outside the ALR and connected to city sewer. This versatile property presents an exceptional opportunity for investors, business owners and owner-users, with potential for daycare, nursery, veterinary clinic and other permitted uses. The property features a substantial 52'x40' insulated workshop equipped with 70-amp service and two 14' overhead doors, ideal for a variety of operational, storage or business needs. A second 30'x23' workshop with its own bathroom provides additional functional space and flexibility. Surrounded by a mix of residential, commercial and light industrial properties, this strategic location offers excellent exposure, accessibility and long-term potential. The charming main residence further enhances the property with options for office space, staff accommodation, owner occupancy or rental income. A rare opportunity combining land, infrastructure, multiple buildings and excellent Fraser Hwy visibility.

Property details

Type: House, Single Family
Bedrooms: 3
Bathrooms: 2
Living area: 2,732 sq ft
Lot: 50,720 sq ft
Parking: 8
Year built: 1946
Property tax: $7,920 / yr
Days on market: 46
MLS®: R3157485

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Microwave

Price check

2026 assessment: $1,992,000 · asking is +41%
Price per sq ft: $1,025 vs $570 median for houses in Langley for sale (650)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 46 days · no price changes so far

The market here

Listed now: 49 days; median for 662 houses for sale; this one 46 days

Houses in Langley. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$1,992,000	$7,205

The listing shows $7,920 a year in property tax.

Estimate: the BC Assessment value times Langley's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$12,859/mo

Mortgage $12,199 · Tax $660

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$12,199/ monthly

loan $2,239,920

25-year amortization

down payment20% · $559,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,419,749
property transfer tax: $61,997; BC general rate
cash to close: $621,977; down + PTT
total paid: $3,659,669

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 4,742 m² (51,042 sq ft) · PID 000-505-862. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

LangleyGoogle Maps ↗

Location

LangleyGoogle Maps ↗

Schools

Catchment schools, Langley School District 35

Elementary Peterson Road Elementaryhomes in this catchment
900 m away · 23422 47 Ave, Langley · 604-534-7904
Secondary D.W. Poppy Secondaryhomes in this catchment
2.0 km away · 23752 52 Ave, Langley · 604-530-2151

From the Langley School District 35's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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