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For Sale · Specialty

79 9208 208 STREET, Langley

79 9208 208 STREET, Langley, BC V1M2M9

$920,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

93%

Year Built

1994

About this property

LIVES LIKE A HOUSE! Rarely available near-corner 3-bedroom, 3-bathroom rancher with loft offering 1,726 sq ft and the largest floor plan in Churchill Park. Enjoy easy main-floor living with no stairs required, including a spacious primary bedroom with walk-in closet and beautiful ensuite featuring a jetted tub, separate shower and generous storage. Bright updated kitchen with island, backsplash and extensive built-in pantry/spice shelving. New authentic hardwood floors, vaulted ceilings, two gas fireplaces and large bay window. Upstairs features two generous bedrooms with beautiful views of the sunny backyard and gardens, plus a large full bathroom. French doors open to a private southwest-facing patio and gorgeous yard surrounded by mature greenery and roses. Large double side-by-side garage. Exceptional 55+ independent living with clubhouse, outdoor pool, hot tub, billiards, bocce ball, exercise room, workshop, private library and social events. A beautiful home offering space, privacy and feel of a house. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$920K
Down payment30% · $276K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$66K

Annual cash flow

$15K

Cash-on-cash

5.60%

DSCR

1.30

Going-in cap

7.22%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

113,815

Households

51,155

Median income

$72,000

Median age

38.9

Daytime population

126,095

5-yr growth

9.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 79 9208 208 STREET, Langley.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.