23009 FRASER HIGHWAY, Langley
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. (id:62865)
Status
Active
Year Built
1980
Property Type
House
Ownership
Freehold
Parking Spaces
30
Annual Tax
$12,598
Tax Year
2025
Data Source
Fraser Valley Real Estate Board
Bedrooms
6
Bathrooms
5
Living Area
3582 square feet
Architectural Style
2 Level
Basement
None
Lot Size
261360.0 sqft
Heating
Forced air, Electric
Water Source
Municipal water
Sewer
Sanitary sewer
Utilities
$5,000,000
Office
eXp Realty of Canada Inc.
Loan Amount:
$4,000,000
Estimated Monthly Payment:
$19,493
This is an estimate for informational purposes only. Consult with a financial advisor.
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