23009 Fraser Hwy, Langley, BC | MLS^® R2969626 Property Details

12.5% price reduction

ATTENTION INVESTORS/DEVELOPERS - Cap rate of 4.25% - 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! 2017 Built 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 brdrm, 2 bath home on the main. Bonus 2 independent suites (2 bdrm, 2 bath & 1 bdrm, 1bath) above main house. Long private secluded driveway with separate power gate, with massive private concrete pad. Over 1000 sq/ft of patio/deck space overlooking beautifully landscaped yard, gardens, fruit trees, covered storage and chicken coop. Property has 3 separate electrical services.

General Info

Price $5,250,000

Total Bedrooms 6

Total Bathrooms 5

Half Bathrooms 0

Floor Area Total (sqft) 3582

Lot Size 6

Lot Size Depth Feet

Lot Size Frontage 286

Basement None

Basement Features BasementFeatures

Property Metrics

Year Built 1980

Age Of Building 45

Building Type Single Family Residence

Property Type Residential

Stories 2

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2969626

Area Langley

Neighbourhood Salmon River

City Langley

Gross Taxes $11,545.76

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Gated, Shopping Nearby

Fixtures Included -

Heating & Cooling

Fireplace -

Heating Type Electric, Forced Air

Utilities

Utility Type Electricity Connected, Natural Gas Connected

Utility Sewer Public Sewer, Sanitary Sewer

Water (WaterSource) Public, Well Drilled

Parking

Parking Type Detached, Garage Double, RV Access/Parking, Front Access, Side Access, Asphalt, Gravel

Total Parking Spaces 30

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Strata Restrictions -

Rental Restrictions -

Zoning RU-1

Rental Suites -

# of Kitchens 3

Foundation Block, Concrete Perimeter

Locker -

View -

View Description -

Units In Development -

Sewer Public Sewer, Sanitary Sewer

Roof Torch-On

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Foyer	8'5 x 8'5 ft
Main Level	Recreation Room	19'10 x 19'10 ft
Main Level	Kitchen	12'9 x 12'9 ft
Main Level	Dining Room	13'10 x 13'10 ft
Main Level	Living Room	19'8 x 19'8 ft
Main Level	Primary Bedroom	17'6 x 17'6 ft
Main Level	Bedroom	13'4 x 13'4 ft
Main Level	Bedroom	13'4 x 13'4 ft
Main Level	Storage	11'4 x 11'4 ft
Main Level	Storage	6' x 6' ft
Main Level	Pantry	6'9 x 6'9 ft
Main Level	Laundry	6'11 x 6'11 ft
Main Level	Walk-In Closet	8'9 x 8'9 ft
Above Level	Foyer	9'7 x 9'7 ft
Above Level	Kitchen	9'4 x 9'4 ft
Above Level	Dining Room	8'9 x 8'9 ft
Above Level	Living Room	16'9 x 16'9 ft
Above Level	Bedroom	11'9 x 11'9 ft
Above Level	Bedroom	11'8 x 11'8 ft
Above Level	Walk-In Closet	11'9 x 11'9 ft
Above Level	Walk-In Closet	9'9 x 9'9 ft
Above Level	Bedroom	13'10 x 13'10 ft
Above Level	Kitchen	9'4 x 9'4 ft
Above Level	Dining Room	7'4 x 7'4 ft
Above Level	Storage	5'1 x 5'1 ft
Above Level	Storage	5'7 x 5'7 ft
Above Level	Laundry	2'4 x 2'4 ft
Above Level	Laundry	2'4 x 2'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	Yes	#5
Main Level	No	#3
Above Level	Yes	#3
Above Level	No	#3
Above Level	No	#3

Listed by: eXp Realty of Canada Inc. & eXp Realty of Canada Inc.

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS^® which assumes no responsibility for its accuracy.

Neighborhood Info

Private Schools

Elementary, Secondary

Langley Christian Middle High School

0.5 km

Elementary, Secondary

Langley Christian Middle High School

0.5 km

Closest Transit

Bus Stop

Westbound Fraser Hwy @ 232 St

0.41 km

Skytrain

Skytrain @ Langley City Centre Station ( Under Construction till 2029)

5.84 km

Noise/ Power Lines

Road/Hwy Noise

Possible

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 23009 Fraser Highway in Langley, BC

As we step into this charming neighborhood, you'll notice the tranquil atmosphere and excellent schools that make it an ideal place to call home. Let's explore the highlights of this community and what makes it so special.

Education

Just down the road, you'll find Langley Christian Middle High School, a highly-rated independent school with a rating of 7.4/10. This school is located just 0.5 km from 23009 Fraser Highway, making it easily accessible for families. With a strong focus on education, this area is perfect for families who value academic excellence.

Safety

When it comes to safety, Langley, BC has a reputation for being a secure community. According to Statistics Canada's 2020 report, this neighborhood has an average crime rate compared to other Canadian cities. With a rate of 7,580.38 incidents per 100,000 population, you can feel at peace knowing that your family is safe. The recent year-by-year change in the total crime rate is a -11.06% decrease, indicating a steady improvement in safety.

Crime Breakdown

Let's take a closer look at the crime statistics in this area. The drug crime rate is average, with a rating of 243.37. There were 326 illegal substances lawbreaking disturbances in 2020, and the year-by-year change in the illegal substances offenses ranking is a -2.38% decrease. Property crimes in the neighborhood are above average, with a rating of 4,065.67. However, the year-by-year change in the property misconduct rate is a -19.88% decrease, indicating a positive trend.

Violent Crime

It's reassuring to know that violent crime rates in this area are below average, with a rate of 1,086.96 incidents per 100,000 population. This is a -6.24% decrease from the previous year, indicating a steady improvement in safety.

Transit

Convenience is key, and with the Westbound Fraser Hwy @ 232 St bus station just 0.41 km away from 23009 Fraser Highway, you'll have easy access to public transportation. Whether you're commuting to work or exploring the city, getting around is a breeze.

Demographics

This neighborhood is home to a diverse community, with 18.3% of the population holding a university certificate or degree. This is average compared to other BC neighborhoods. However, 16.3% of the population in this area have no certificate or degree, which is below average compared to the average in BC.

Income and Employment

The median household income in this area is $70,656, which is average compared to the British Columbia average. The median personal income is $34,867, also average compared to the BC average. However, 54.5% of households in this area have a mortgage, which is below average.

Population Growth and Density

This community is growing, with a population change between 2011 and 2016 of 24.6%. This is high compared to the average growth rate of this region. However, the population density per square kilometer is 208.6, which is below average.

Family Dynamics

The average size of families in this area is 2.9, which is average compared to the whole region. However, 50.8% of families in this area have children, which is below average. The percentage of married or living common law is 54.7%, also below average.

Age and Education

The average age of the population in this area is 48.6, which is high compared to other BC cities. This is likely due to the area's appeal to families with older children and retirees.

Real Estate

The average value of dwellings in this neighborhood is $791,579, which is high compared to other areas in British Columbia. However, the average owner payments are above average, with owners spending $1,432 on average for their dwellings. Tenants are paying $1,540 in this area, which is also high compared to other cities.

Renters and Language

31.5% of the population in this area are renters, which is above average compared to other BC cities. However, 4.5% of the population speak neither English nor French, which is below average. 93.9% of the population speak only English, which is above average.

Transportation

The majority of people in this area use cars, with 89.4% of the population using this mode of transportation. This is above average compared to other BC cities. However, 4.4% of the population use public transportation, which is below average.

Welcome to Your New Home

As you can see, 23009 Fraser Highway in Langley