3950 240 STREET

Langley · MLS® C8081590

52,957 sq ft lot

Land · Vacant Land · 42 days on market

Listed by Kihyung Song, Grand Central Realty

Realtor's description

Great Exposure! Grent Opportunity!! Investment Property. 1.22 Acres High Traffic Rare Corner Lot on Fraser Hwy and 240 Street. Duel zoning opportunity with extraordinary development potential. Possible to Build Your Dream Gas/EV Charging Station, Drive-Thru Fast Food Restaurant, Retail, Offices and More!!

Property details

Type: Land, Vacant Land
Lot: 52,957 sq ft
Parking: 0
Days on market: 42
MLS®: C8081590

Property insights

On market 42 days

The market here

Listed now: 113 days; median for 62 homes for sale; this one 42 days

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

Monthly cost

$18,730/mo

Mortgage $18,730

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$18,730/ monthly

loan $3,439,200

25-year amortization

down payment20% · $859,80020%+ 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: $2,179,899
property transfer tax: $132,950; BC general rate
cash to close: $992,750; down + PTT
total paid: $5,619,099

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: 4,935 m² (53,120 sq ft) · PID 025-255-053. 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 Wix Brown Elementaryhomes in this catchment
3.1 km away · 23851 24 Ave, Langley · 604-534-5633
Secondary D.W. Poppy Secondaryhomes in this catchment
2.5 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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