Cash Machine!!! Great Investment Property near Queen Elizabeth park & Oakridge Mall & Skytrain. House has 3 levels of 3500 sq.ft, including 2 separate rental suites with 8 bedrooms & 6 bathrooms. This was a custom built solid home sitting on a 48 x 115 Lot 5520sf. Combining lots are able to build up to 6 storey apartment (2.5 FSR). Buy Rent & Hold or Live…
Cash Machine!!! Great Investment Property near Queen Elizabeth park & Oakridge Mall & Skytrain. House has 3 levels of 3500 sq.ft, including 2 separate rental suites with 8 bedrooms & 6 bathrooms. This was a custom built solid home sitting on a 48 x 115 Lot 5520sf. Combining lots are able to build up to 6 storey apartment (2.5 FSR). Buy Rent & Hold or Live in 1 floor & rent out the rest while waiting for redevelopment. Family room/Wet Bar off Kitchen with Sliders onto large entertaining back cedar deck. Prestige location close to downtown, buses/Eric Hamber schools + New Oakridge Mall. Developers and investors alert: Land assembly with 5578 Elizabeth and 5592 Elizabeth Ave also on MLS.
Features
Balcony
Garage Double
Rear Access
Shopping Nearby
Room measurements15 rooms▸
FoyerMain · 8'3 × 11'2
Dining RoomMain · 10'7 × 11'1
KitchenMain · 10'5 × 15'1
Primary BedroomMain · 15'2 × 17'
Living RoomMain · 14'4 × 17'2
BedroomMain · 11'2 × 11'9
BedroomMain · 10'6 × 11'11
Primary BedroomAbove · 11'3 × 15'1
BedroomAbove · 9'2 × 13'
BedroomAbove · 9' × 9'2
BedroomAbove · 13'3 × 15'2
KitchenAbove · 11'11 × 19'5
Dining RoomAbove · 7'4 × 19'5
BedroomBelow · 7'2 × 10'5
LaundryBelow · 7'2 × 20'5
Floor plan
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Property Details
MLS NumberR3150093
Property TypeSingle Family Residence
Bedrooms8
Bathrooms6
Square Feet3,503
Lot Size5,520 sqft
Year Built1980
Parking Spaces2
HeatingForced Air, Natural Gas
Days on Market75
StatusActive
Listed ByLDG Realty
School Catchment
ElementaryVan Horne
SecondaryHamber
Neighbourhood
Highlighted area = this home's census tract (StatCan), the boundary the neighbourhood stats describe.
$1,800,000Median home value
$91,000Median household income
58.1%Owner-occupied
27%Single-detached homes
2.4Avg household size
42.4Median age
56.1%Bachelor's degree or higher (25-64)
56.7%Commute under 30 min
59.5%Drive to work
39%Foreign-born residents
5,611Neighbourhood population
Age
Under 1512.1%
15 to 6466.1%
65 and over21.8%
Household size
1 person32.8%
230.6%
316.6%
413.2%
5 or more6.8%
Language spoken at home
52.8% English mother tongue
Cantonese12.9%
Mandarin6.5%
English + other4.3%
Tagalog3.3%
Spanish1.7%
Vietnamese1.6%
All others16.9%
Mother tongue, share of 5,525 residents.
How this pocket differs
more seniors 65+ than Cambie 21.8% vs 17.7%
more Tagalog speakers than Cambie 3.3% vs 2.2%
more Cantonese speakers than Cambie 12.9% vs 10.3%
Median dwelling value is notably higher than Metro Vancouver $1,800,000 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 size5,555 sqft
Lot dimensions48 × 116 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~16,611 sqft
Nearest stationOakridge-41st Avenue Station424 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.
Recent nearby sales
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