2688 Mt Lehman Road

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$4,500,000

2688 Mt Lehman Road

Abbotsford · MLS® C8078659

43,124 sq ft lot · Land · Vacant Land · 169 days on market

listed by Tom O'Hara, RE/MAX Truepeak Realty

realtor's description

Approx 1 acre in Highly Sought after Mt Lehman location close to Highway 1, Fraser Highway and airport. Measurements from BC Assessment. Buyer to verify if important. Buyer to confirm all information with associate suppliers, Hydro, City, etc.

property details

type: Land, Vacant Land
lot: 43,124 sq ft
parking: 0
property tax: $35,559 / yr
days on market: 169
MLS®: C8078659

the market here

listed now: 125 days; median for 74 homes for sale; this one 169 days

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

property tax by year

year	assessed	est. tax
2026	$3,460,000	$15,642

The listing shows $35,559 a year in property tax.

Estimate: the BC Assessment value times Abbotsford'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

$22,569/mo

Mortgage $19,606 · Tax $2,963

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

estimated payment

$19,606/ monthly

loan $3,600,000

25-year amortization

down payment20% · $900,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 28, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $2,281,821
property transfer tax: $143,000; BC general rate
cash to close: $1,043,000; down + PTT
total paid: $5,881,821

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

AbbotsfordGoogle Maps ↗

schools

Catchment schools, Abbotsford School District 34

Elementary Ross Elementaryhomes in this catchment
1.9 km away · 2451 Ross Rd, Abbotsford · 604-856-6079
Middle Eugene Reimer Middlehomes in this catchment
2.0 km away · 3433 Firhill Dr, Abbotsford · 604-504-5343
Secondary Rick Hansen Secondaryhomes in this catchment
2.2 km away · 31150 Blueridge Dr, Abbotsford · 604-864-0011

From the Abbotsford School District 34'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.

good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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