23305 OLD YALE ROAD

Langley · MLS® C8079419

263,102 sq ft lot

Land · Vacant Land · 123 days on market

Listed by Alex Girling, Marcus & Millichap

Realtor's description

Presenting 6.04 acres of future industrial land fronting Fraser Highway in the Township of Langley. The property has a Township-approved Temporary Use Permit (TUP) and is located within the emerging Fraser Highway Employment Lands Plan, now nearing completion. The property is well-configured and functional, suitable for vehicle parking, equipment storage, or other interim industrial uses, and represents a large, strategically positioned parcel with both immediate usability and long-term potential. Situated just east of Murrayville, the site provides access to Highway 10, Highway 13, and Highway 1, connecting efficiently throughout the Fraser Valley. Please inquire for all property details, reports, and data room package.

Property details

Type: Land, Vacant Land
Lot: 263,102 sq ft
Parking: 0
Property tax: $97,416 / yr
Days on market: 123
MLS®: C8079419

Property insights

On market 123 days

The market here

Listed now: 113 days; median for 60 homes for sale; this one 123 days

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

Monthly cost

$75,650/mo

Mortgage $67,532 · Tax $8,118

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

estimated payment

$67,532/ monthly

loan $12,400,000

25-year amortization

down payment20% · $3,100,00020%+ 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: $7,859,604
property transfer tax: $693,000; BC general rate
cash to close: $3,793,000; down + PTT
total paid: $20,259,604

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: 24,434 m² (263,005 sq ft) · PID 012-241-539. 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
700 m away · 23422 47 Ave, Langley · 604-534-7904
Secondary D.W. Poppy Secondaryhomes in this catchment
1.9 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.

Development nearby

Rezoning
150 m away · 2025 · under review · 23300 Block of Fraser Highway
Amend the Langley Official Community Plan and Rural Plan and rezone property from Rural Zone (RU-1) to an Industrial Zone to allow for industrial uses.
Rezoning
260 m away · 2023 · under review · 23400 Block of 44 Avenue
Amend the Rural Community Plan to redesignate property to accommodate an industrial use and to rezone property from Rural Zone RU-1 to Service Industrial Zone M-2.

Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: Township of Langley development activity.

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