$1,868,000

2361 200 STREET

Langley BC V2Z 1Y5 - Brookswood Langley
0 ba
1,200 sqft
Built 1972

About This Property

Prime Investment Opportunity – Two Homes on a Large Lot in South Langley! Welcome to 2631 200 St, Langley, BC, a rare income-producing property featuring two separate residences on a 25,266 sq. ft. (0.58-acre) lot in the heart of Brookswood-Fernridge. Both homes are currently rented to excellent long-term tenants, making this a perfect turnkey investment!…

Features

Carport Multiple
Room measurements1 rooms
Living RoomMain · 12' × 14'

Property Details

MLS NumberR3066569
Property TypeSingle Family Residence
Bathrooms0
Square Feet1,200
Lot Size25,266 sqft
Year Built1972
HeatingNatural Gas
Days on Market315
StatusActive
Listed ByRE/MAX Commercial Advantage

School Catchment

Elementary Glenwood
Secondary Brookswood

Neighbourhood

Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,000,000Median home value
$79,000Median household income
80%Owner-occupied
55.7%Single-detached homes
2.4Avg household size
54.4Median age
14.2%Bachelor's degree or higher (25-64)
53%Commute under 30 min
93.7%Drive to work
16.6%Foreign-born residents
3,746Neighbourhood population

Age

Under 15: 11.9%15 to 64: 55.9%65 and over: 32.2%
  • Under 1511.9%
  • 15 to 6455.9%
  • 65 and over32.2%

Household size

  • 1 person30.5%
  • 238.3%
  • 310.3%
  • 410.9%
  • 5 or more10%

Language spoken at home

83.5% English mother tongue

  • Punjabi4.3%
  • Mandarin1.7%
  • German1.3%
  • French1.1%
  • Dutch1.1%
  • English + other1.1%
  • All others5.9%

Mother tongue, share of 3,730 residents.

How this pocket differs

  • more seniors 65+ than Brookswood Langley 32.1% vs 22.2%
  • fewer children under 15 than Brookswood Langley 11.9% vs 16.7%
  • notably more people living alone than Brookswood Langley 30.6% vs 20.1%
  • notably fewer 4-person households than Brookswood Langley 11% vs 16.7%
  • fewer 5+ person households than Brookswood Langley 10% vs 13.7%
  • notably more Punjabi speakers than Brookswood Langley 4.3% vs 2.7%

Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.

Land & Development

ZoningSR-2Bylaw (PDF) ↗
Lot size25,267 sqft
Lot dimensions124 × 205 ft
Lot shapeRectangular
Gradeflat

Essentially flat lot (about 0.1 m of relief corner to corner).

Multi-unit potential (Bill 44 / SSMUH)
Units allowedUp to 4
Max height3 storeys
Min. setbacks4.5 / 1.5 / 1.2 mfront / side / rear
Est. buildable~25,186 sqft

Under BC's Small-Scale Multi-Unit Housing rules, this single-family lot may permit up to 4 units. These are the provincial minimums and approximate — local bylaw, servicing and lot conditions apply.

Approximate lot lines (ParcelMap BC)

Zoning, lot dimensions and grade are approximate, from public data, and for reference only — verify with the City / Township of Langley before relying on them.

Monthly Cost Calculator

Estimated monthly cost $9,512
Mortgage payment$8,768
Property tax$558
Home insurance$185
Partner Rates Available Contact us for preferred mortgage rates

An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax. 5-year fixed, as of Sep 18

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