Transit-Oriented Investment – High-Rise Zoning & Turnkey Income. Unbeatable urban convenience. Great holding property in the Rupert-Renfrew Rapid Transit Area B (22-40 storeys). This property meets all the criteria for a future land assembly. This spacious detached home is a cash-flow machine; currently configured with two separate kitchens and two full…
Transit-Oriented Investment – High-Rise Zoning & Turnkey Income. Unbeatable urban convenience. Great holding property in the Rupert-Renfrew Rapid Transit Area B (22-40 storeys). This property meets all the criteria for a future land assembly. This spacious detached home is a cash-flow machine; currently configured with two separate kitchens and two full bathrooms, well suited for its current 5-tenant occupancy. Large, flat lot with a private backyard—ideal for tenant enjoyment or build a laneway for greater cash-flow. Well-maintained with a configuration that maximizes rental yield while you wait for development. Tenants love the 5-minute walk to the SkyTrain, local grocery stores, and cafes. High-demand rental area with zero vacancy history. Call to book your private viewing.
Features
Balcony
Private Yard
Additional Parking
Garage Single
Open
Front Access
Rear Access
Concrete
Room measurements10 rooms▸
Living RoomMain · 16'7 × 13'1
FoyerAbove · 3'9 × 6'1
Primary BedroomMain · 12'1 × 10'11
BedroomMain · 8'9 × 8'6
BedroomMain · 14'9 × 6'4
KitchenMain · 14'2 × 9'6
KitchenBelow · 14'8 × 8'6
DenBelow · 8'2 × 10'3
BedroomBelow · 9'11 × 12'1
Recreation RoomBelow · 12'5 × 11'7
Floor plan
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Property Details
MLS NumberR3109209
Property TypeSingle Family Residence
Bedrooms4
Bathrooms2
Square Feet1,790
Lot Size3,960 sqft
Year Built1947
Parking Spaces1
HeatingElectric, Forced Air
Days on Market124
StatusActive
Listed BySutton Group-West Coast Realty
School Catchment
ElementaryRenfrew
SecondaryWindermere
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,510,000Median home value
$85,000Median household income
60.5%Owner-occupied
32.9%Single-detached homes
2.8Avg household size
42.4Median age
32.9%Bachelor's degree or higher (25-64)
52.9%Commute under 30 min
66.3%Drive to work
52.7%Foreign-born residents
6,218Neighbourhood population
Age
Under 1511.2%
15 to 6468.7%
65 and over20.1%
Household size
1 person21.9%
229.3%
318%
417.3%
5 or more13.6%
Language spoken at home
31.8% Cantonese mother tongue
English31.5%
Vietnamese7%
English + other5.4%
Tagalog4.4%
Mandarin4.1%
Spanish2.5%
All others13.3%
Mother tongue, share of 6,120 residents.
How this pocket differs
Median dwelling value is higher than Metro Vancouver $1,510,000 vs $1,050,000
Source: Statistics Canada, Census of Population, 2021. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada.
Land & Development
Lot size3,963 sqft
Lot dimensions33 × 120 ft
Lot shapeRectangular
Transit-oriented potential (Bill 47 / TOA)
Transit areaTier 3within 800 m of a station
Max density3 FAR
Max height8 storeys
Est. buildable~11,852 sqft
Nearest stationRupert Station433 m away
Within a provincially designated Transit-Oriented Area, this lot may support up to 3 FAR / 8 storeys regardless of base zoning. Provincial minimums and approximate — municipal rezoning, servicing and parking standards still 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$8,012
Mortgage payment$7,237
Property tax$615
Home insurance$160
Partner Rates Available
Contact us for preferred mortgage rates
Monthly cost
Estimated monthly$8,012
$1,359,000$1,839,000
20%50%
2.72%6.72%
5 years30 years
$5,879/yr$8,879/yr
$125/mo$195/mo
An estimate only. Canadian semi-annual compounding; excludes utilities, closing costs and BC property transfer tax.
5-year fixed, as of Aug 6
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