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.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Heating Type | Electric, Forced Air |
| # of Kitchens | 3 |
| Foundation | Block, Concrete Perimeter |
| Roof | Torch-On |
|---|---|
| Structures | Residential Detached |
| Price | $5,000,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 5 |
| Full Bathrooms | 5 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 3582 |
| Year Built | 1980 |
| Age Of Building | 46 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Community Features | Gated, Shopping Nearby |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Public Sewer, Sanitary Sewer |
| Water (WaterSource) | Public |
| Parking Type | Detached, Garage Double, RV Access/Parking, Front Access, Side Access, Asphalt, Gravel |
| Total Parking Spaces | 30 |
| Lot Size | 6 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 286 |
| MLS® # | R3081488 |
| Area | Langley |
| Neighbourhood | Salmon River |
| City | Langley |
| Postal Code | V2Z 2T2 |
| Gross Taxes | $12,598.41 |
| Zoning | RU-1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Foyer | 8'5 x 8'5 ft |
| Main Level | Recreation Room | 19'10 x 19'10 ft |
| Main Level | Kitchen | 12'9 x 12'9 ft |
| Main Level | Dining Room | 13'10 x 13'10 ft |
| Main Level | Living Room | 19'8 x 19'8 ft |
| Main Level | Primary Bedroom | 17'6 x 17'6 ft |
| Main Level | Bedroom | 13'4 x 13'4 ft |
| Main Level | Bedroom | 13'4 x 13'4 ft |
| Main Level | Storage | 11'4 x 11'4 ft |
| Main Level | Storage | 6' x 6' ft |
| Main Level | Pantry | 6'9 x 6'9 ft |
| Main Level | Laundry | 6'11 x 6'11 ft |
| Main Level | Walk-In Closet | 8'9 x 8'9 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #5 |
| Main Level | No | #3 |
| Above Level | Yes | #3 |
| Above Level | No | #3 |
| Above Level | No | #3 |
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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
▼ 5.91% Year-over-Year
N/A
N/A
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,826,000 | $317,000 | $3,143,000 |
+1.6%
|
| 2025 | $2,751,000 | $342,000 | $3,093,000 |
+10.7%
|
| 2024 | $2,421,000 | $373,000 | $2,794,000 | — |
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