About this home

39.29 Acre property centrally located close to all amenities in Murrayville. A rare opportunity to own a large property on sewer and close to everything. A super opportunity for the astute investor or Buyer.

Property details

4

Beds

2 full

Baths

1,770 ft²

Floor area

39.3 acres

Lot size

1995

Year built

1

Storey

6

Parking

$15,101/yr

Gross tax

Location & structure

Single Family Residence

Type

None

Basement

No

Carport

1

Fireplace

Langley

Area

Murrayville

Sub-area

Basement

None

Structure

Residential Detached

Features & inclusions

Heating

Forced Air, Natural Gas

Parking

Open, RV Access/Parking, Front Access, Gravel

Additional details

Main floor (ground)

1,770 ft²

Tax year

2025

Murrayville

Nearby & Commute

22 min

walk to Safeway

37 min

bike to Cloverdale (FVHRS)

2h 4m

walk to Cloverdale (FVHRS)

1h 38m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 51%

Inventory mix

What this area trades in

Within 3 km of this listing · 285 listings

Condo / Apartment	145	50.9%
Detached	90	31.6%
Townhouse	41	14.4%
Land	8	2.8%
Mobile home	1	0.4%

Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.

Housing stock here

What this neighbourhood is built of

Census 2021 dwelling structural-type mix · Langley · 525 dwellings

Low-rise apartment390 · 74.3%

Single-detached105 · 20.0%

Semi-detached10 · 1.9%

Row house10 · 1.9%

Apartment in duplex5 · 1.0%

Movable dwelling5 · 1.0%

Source: Statistics Canada · 2021 Census of Population

Neighbourhood demographics

Who lives in this small neighbourhood

The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.

Statistics Canada Area #59152502· Langley· Transit 63/100 (846m to frequent)· 5.10 km²

Median rent here

$1,180

Owner shelter cost

$960

Renters

23.8%

30%+ on shelter

23.0%

Population (2021)

996

Median age

52.0

Avg household size

1.9

Avg household income

$81,200

Renters

23.8%

Owners

75.2%

Immigrants

25.8%

Post-secondary

58.0%

Avg home value

$696,000

Single status

25.0%

Not in labour force

41.5%

Households with kids

14.6%

Median rent

$1,180

Owner shelter cost

$960

30%+ on shelter

23.0%

Breakdown

Under $5,000	10	1.9%
$10,000 to $14,999	10	1.9%
$15,000 to $19,999	5	0.9%
$20,000 to $24,999	25	4.7%
$25,000 to $29,999	25	4.7%
$30,000 to $34,999	30	5.6%
$35,000 to $39,999	35	6.5%
$40,000 to $44,999	30	5.6%
$45,000 to $49,999	30	5.6%
$50,000 to $59,999	40	7.5%
$60,000 to $69,999	50	9.3%
$70,000 to $79,999	45	8.4%
$80,000 to $89,999	30	5.6%
$90,000 to $99,999	30	5.6%
$100,000 to $124,999	45	8.4%
$125,000 to $149,999	30	5.6%
$150,000 to $199,999	35	6.5%
$200,000 and over	30	5.6%

Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59152502).

Documents and due diligence

Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.

Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

Review boundaries, structures, and encroachments.

Zoning and land-use records

Review permitted uses and development constraints.

Well and water-quality records

Review water source, testing, and maintenance information.

Septic records

Review system permits, servicing, and condition information.

Request the due-diligence package

Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$29,162

Principal and interest

Calculated estimate

$27,753

Property tax

Listing data

$1,258/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$6,000,000

Down payment

Calculated estimate

$1,200,000 (20%)

Estimated mortgage

Calculated estimate

$4,800,000

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$29,162

/mo

Rate

%

Amortization

Principal and interest

$27,753

Property tax

$1,258

P&I

Tax

Down payment

$1,200,000 (20%)

Stress test this mortgage

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $1,200,000 down (20%) on $6,000,000, Canadian semi-annual compounding. Property tax sourced from listing. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

5316 216 Street

5316 216 Street

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