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$2,999,999

34491 LOUGHEED HIGHWAY

Mission · MLS® C8081086

104,108 sq ft lot

Land · Vacant Land · 62 days on market

Listed by Christine Allan, RE/MAX Treeland Realty

Realtor's description

Attention Investors & Developers!!! Check out 34491 Lougheed Highway; a high exposure development opportunity located in beautiful Mission, BC. This is one of the few commercial development sites currently in Mission. Its location offers easy access for both east and westbound traffic on the Lougheed Highway and the Hatzic Bench. CTR - Commercial Tourist Zoning currently exists due to a longstanding motel that was operating for many years, which recently burnt down. Contact the City of Mission and inquire about rezoning to CH-1 which would provide a wide range of uses. Endless potential!!!

Property details

Type: Land, Vacant Land
Lot: 104,108 sq ft
Parking: 0
Property tax: $71,747 / yr
Days on market: 62
MLS®: C8081086

Property insights

On market 62 days

The market here

Listed now: 126 days; median for 102 homes for sale; this one 62 days

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

Monthly cost

$19,050/mo

Mortgage $13,071 · Tax $5,979

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

estimated payment

$13,071/ monthly

loan $2,399,999

25-year amortization

down payment20% · $600,00020%+ 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: $1,521,213
property transfer tax: $68,000; BC general rate
cash to close: $668,000; down + PTT
total paid: $3,921,212

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: 515 m² (5,543 sq ft) · PID 011-946-113. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

MissionGoogle Maps ↗

Location

MissionGoogle Maps ↗

Schools

Catchment schools, Mission School District 75

Elementary Hatzic Elementaryhomes in this catchment
1.5 km away · 8465 Draper St, Mission · 604-826-2481
Middle Hatzic Middlehomes in this catchment
1.5 km away · 8465 Draper St, Mission · 604-826-2481
Secondary Mission Senior Secondaryhomes in this catchment
2.8 km away · 7466 Welton St, Mission · 604-826-1414

From the Mission School District 75'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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