23009 FRASER HWY, Langley BC V2Z 2T2, Langley, BC

$5,550,000
Est. Mortgage /mo

MLS® R2969626

$5,550,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
6 Beds
5 Baths
2 Stories
lot 261360 sqft
3582 sqft
1980 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

Property details

ATTENTION INVESTORS/DEVELOPERS - Cap rate of 4.25% - Rarely comes a property that offer BOTH - good development potential & solid rental income, . Good tenants in place. 6 ACRE OUT OF ALR | CITY WATER & SEWER with about 286' exposure on Fraser Hwy! 2017 Built 2400 sq/ft shop with 4 bay doors, 600 Amp 3 Phase Power and massive yard with power gates. Shop has office and washroom inside it! This parcel features a nice 3 brdrm, 2 bath home on the main. Bonus 2 independent suites (2 bdrm, 2 bath & 1 bdrm, 1bath) above main house. Long private secluded driveway with separate power gate, with massive private concrete pad. Over 1000 sq/ft of patio/deck space overlooking beautifully landscaped yard, gardens, fruit trees, covered storage and chicken coop. Property has 3 separate electrical services.

General Info

Price $5,550,000
Total Bedrooms 6
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 3582
Lot Size 6
Lot Size Depth Feet
Lot Size Frontage 286
Basement None
Basement Features BasementFeatures

Property Metrics

Year Built 1980
Age Of Building 45
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS # R2969626
Area Langley
Neighbourhood Salmon River
City Langley
Gross Taxes $11,545.76
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Gated, Shopping Nearby
Fixtures Included -

Heating & Cooling

Fireplace -
Heating Type Electric, Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public, Well Drilled

Parking

Parking Type Detached, Garage Double, RV Access/Parking, Front Access, Side Access, Asphalt, Gravel
Total Parking Spaces 30

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Strata Restrictions -
Rental Restrictions -
Zoning RU-1
Rental Suites -
# of Kitchens 3
Foundation Block, Concrete Perimeter
Locker -
View -
View Description -
Units In Development -
Sewer Public Sewer, Sanitary Sewer
Roof Torch-On

Property History

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Status Date Price
Active - $5,550,000
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Listed by: eXp Realty of Canada Inc. & eXp Realty of Canada Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary
Langley Christian Middle High School
0.5 km
Rating 7.4/10
Elementary, Secondary
Langley Christian Middle High School
0.5 km
Rating 7.4/10

Closest Transit

Translink
Westbound Fraser Hwy @ 232 St
0.41 km

The closest Elementary independent school to this home for sale located at 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 is Langley Christian Middle High School with School's rating Rating 7.4/10, located 0.5 km from this home.

The closest to this address 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 Secondary independent school is Langley Christian Middle High School with School's rating Rating 7.4/10, located 0.5 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 10,154 volation disturbances in this neighbourhood. The overall crime rate near the address - 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC is 7,580.38. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Average rate in 2020. Year by year change in the total crime rate is -11.06%

Drug crime rate next to the listing MLS® R2969626 is Average comparing to other neighbourhoods. The illegal substances offences rating is 243.37. There were 326 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -2.38%

Property crimes in the neighbourhood close to real estate listing for sale 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 are Above Average. Property misconduct rating adjacent to MLS® R2969626 is 4,065.67. There were 5,446 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -19.88%

There were 1,456 violent lawbreaking disorders in 2020. 1,086.96 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -6.24%

The closest Bus station is Westbound Fraser Hwy @ 232 St in 0.41 km away from this listing with - MLS® R2969626.

18.3% of people with university certificate/degree live in this neighbourhood adjacent to the 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 which is Average in comparison with other BC neighbourhoods. 16.3% of population in this neighbourhood that is near the Listing MLS® R2969626 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC is $70656 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2969626 is $34867 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 54.5% which is Below Average.

Unemployment rate in the area around Real Estate Listing # R2969626 is 3.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 where population change between 2011 and 2016 was 24.6%. This is High in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC is 208.6 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 is 2.9. This is Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2969626 is 50.8% and it is Below Average. % of Married or living common law is around 54.7% and it is Below Average.

Average age of the population close to the 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 is 48.6 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC is $791579 and this is High comparing to other areas in British Columbia

Average Owner payments are Above Average in the area adjacent to 23009 FRASER HIGHWAY, Langley BC V2Z 2T2. $1432 owners spent in average for the dwelling. Tenants are paying $1540 in this district close to MLS® R2969626 and it is High comparing to other cities.

31.5% of Population in this district near the 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 are Renters and it is Above Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC is 4.5%, it is Below Average, % of English speakers only is 93.9% and Above Average. % of Neither English nor French speakers close to home for sale 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC is 1.5% and it is Above Average comparing to other BC cities.

4.4% of all population in the area around this property with the address 23009 FRASER HIGHWAY, Langley BC V2Z 2T2, Langley, BC using Public Transport which is Below Average, 89.4% of using population are using Cars around MLS® R2969626, which is Above Average. 0.9% of people using Bicycles around the 23009 FRASER HIGHWAY, Langley BC V2Z 2T2 and it is Average. 3.8% of population are walking which is Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,550,000
Langley No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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