23009 Fraser Highway, Langley

INVESTORS/DEVELOPERS - Rental income: $268K/Annum & Cap rate: 4.68%. 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! 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 bed/2 bath home on the main. Bonus 2 independent suites (2 bed/2 bath & 1 bed/1 bath) above main house. Long private secluded driveway with separate powergate, with massive private concrete pad. Over 1000 sq/ft of patio/deck space overlooking beautifully landscaped yard, gardens, fruit trees, covered storage & chicken coop. Property has 3 separate electrical services. (id:1945)

This 3,582 sq. ft. 2 level house is located at 23009 Fraser Highway with 6 bedroom, 5 bathroom. Buyers are looking at $1,396 per sq. ft. for this listing. Construction was completed in 1980, making the home roughly 46 years old. Property taxes come to roughly $12,598 annually (2025). This house sits on a 261,360 sq. ft. lot. There is no basement. With 30 parking spaces (detached garage, garage and rv), parking should not be an issue. Heating is provided by forced air and electric. The property has water via municipal water and sewer via sanitary sewer.

Situated in the Willowbrook area of Langley, British Columbia. Nearby places include Willowbrook Shopping Centre to the east, Langley Crossing Shopping Centre to the west, and Langley Mall to the north. Fraser Highway runs through the area, providing easy access to these locations and more along its route. Points of interest include: The nearest school is Brookswood Secondary School (4.6 km away). Listed for around 9 months, this property remains on the market. The Langley market features 1209 homes for sale at this time.

Listed by Katrina Amurao, eXp Realty of Canada Inc.. MLS# r3081488. Tenure: Freehold.