2263 WILLOUGHBY WAY

Langley · MLS® R3141786

5 bed · 4 bath · 1,886 sq ft · 5,552 sq ft lot · 4 parking

House · Single Family · built 1980 · 93 days on market

Listed by Alice Rabb, Royal LePage - Wolstencroft

Realtor's description

An outstanding opportunity for investors seeking immediate revenue potential. A solid investment offering reliable cash flow and excellent proximity to major shopping and transit. This 5-bed, 4-bath home is currently rented by the room, generating $4,800 per month. The property is eligible for Small-Scale Multi-Unit Housing (duplex, triplex, or four-plex); buyers are encouraged to contact the Township of Langley for confirmation and further details. House requires a lot of cosmetic work and sold "As is where is". Recent upgrades include a hot water tank (approx. 3 years old) and roof (approx. 10 years old).

Property details

Type: House, Single Family
Bedrooms: 5
Bathrooms: 4
Living area: 1,886 sq ft
Lot: 5,552 sq ft
Parking: 4
Year built: 1980
Property tax: $4,036 / yr
Days on market: 93
MLS®: R3141786

Features

Washer
Refrigerator
Stove
Dryer

Price check

Below typical for the area (-12%)

Price per sq ft: $504 vs $570 median for houses in Langley for sale (650)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 93 days

The market here

Listed now: 49 days; median for 650 houses for sale; this one 93 days

Houses in Langley. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$4,475/mo

Mortgage $4,139 · Tax $336

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,139/ monthly

loan $760,000

25-year amortization

down payment20% · $190,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $481,718
property transfer tax: $17,000; BC general rate
cash to close: $207,000; down + PTT
total paid: $1,241,718

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

LangleyGoogle Maps ↗

Location

LangleyGoogle Maps ↗

Schools

Catchment schools, Langley School District 35

Elementary Langley Meadows Elementaryhomes in this catchment
200 m away · 2244 Willoughby Way, Langley · 604-530-4101
Middle Peter Ewart Middlehomes in this catchment
2.5 km away · 7755 202a St, Langley · 778-726-4815
Secondary R.E. Mountain Secondaryhomes in this catchment
2.2 km away · 7633 202a St, Langley · 604-888-3033

From the Langley School District 35's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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