CASHFLOW OPPORTUNITY! This income-producing acreage generates $12,300/month in rental revenue plus offers greenhouse space for your own use and ample truck parking. The property boasts 80,000 sq/ft of gutter-connected poly greenhouses with natural gas service and a high-volume water supply. The 5-bedroom, 4-bathroom, 2,557 sq/ft home includes two…
CASHFLOW OPPORTUNITY! This income-producing acreage generates $12,300/month in rental revenue plus offers greenhouse space for your own use and ample truck parking. The property boasts 80,000 sq/ft of gutter-connected poly greenhouses with natural gas service and a high-volume water supply. The 5-bedroom, 4-bathroom, 2,557 sq/ft home includes two self-contained suites, currently producing $4,400/month in rental income. One greenhouse rents for $2,400/month, and five additional greenhouses bring in $5,500/month. Perfect for a startup propagation business, flower production, or continued rental income, with new Multiva 6Mmil multiyear poly available for installation prior to completion. Located on a quiet no-through street with 340 ft of frontage and a wide, truck-friendly paved driveway.
Floor plan
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Property Details
MLS NumberR3015054
Property TypeSingle Family Residence
Bedrooms5
Bathrooms3.5
Square Feet2,557
Lot Size217,800 sqft
Year Built1977
StatusClosed
Listed ByB.C. Farm & Ranch Realty Corp.
School Catchment
ElementaryNorth Otter
SecondaryD.W. Poppy
Neighbourhood
$1,200,000Median home value
$121,000Median household income
79.8%Owner-occupied
73.5%Single-detached homes
3.2Avg household size
40Median age
14.2%Bachelor's degree or higher (25-64)
49.4%Commute under 30 min
91.1%Drive to work
15.4%Foreign-born residents
4,113Neighbourhood population
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Location
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
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.
Recent nearby sales
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